Lucid reported first-quarter deliveries above market expectations on Tuesday as price cuts helped boost demand for its luxury ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The electric vehicle (EV) market has been a hotbed of activity ...
Most electric vehicle stocks retreated along with the broader market in the week that ended on April 19, with ...
Lucid Group (NASDAQ: LCID) is among the several electric vehicle (EV) start-ups that have been compelled to cut prices of their cars and accept dwindling margins because of a global slowdown in ...
EV startup Lucid (LCID) just received another $1 billion investment from Saudi Public Investment Fund (PIF) affiliate Ayar Third Investment Co. The new funding will help support the launch of ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Last week, I recommended “5 Stocks to Buy as Interest Rates ...
More signs of distress emerged in recent weeks as Fisker announced it was cutting 15% of its 1,200-person workforce ... Fisker isn’t the only EV startup that has been struggling in a crowded ...
Bankrupt commercial EV startup Arrival has sold some of its assets, including advanced manufacturing equipment to Canoo, another struggling startup trying to build and sell electric vehicles.
The EV startup said in February that it expects 2024 production to be mostly flat compared with 2023 and that it was cutting its salaried workforce ... efficiencies to cut costs, the company ...
Lucid's deliveries remained resilient after the electric vehicle startup cut prices of its flagship Air ... more affordable hybrid alternatives. EV giant Tesla reported a quarterly decline in ...