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49 results
CNBC1mon
Lucid posts a wider loss as demand concerns linger, says it has enough cash to last into 2024
The EV maker had about ... as of the end of 2022. Lucid has recently been moving to conserve cash. It said in March that it would cut about 18% of its workforce, roughly 1,300 workers, in a ...
CNBC28d
Polestar to cut 10% of workforce as delays push upcoming SUV to 2024
The Swedish EV maker said its net loss narrowed dramatically compared with a year ago. Polestar also said it will cut about 10% of its workforce. Swedish electric vehicle maker Polestar on ...
21hon MSN
US luxury EV maker Lucid set to enter China market
U.S. luxury electric vehicle (EV) maker Lucid Group is preparing to enter the world's largest auto market, its head of China ...
22h
U.S. luxury EV maker Lucid aims for China market
STORY: U.S. Tesla-rival Lucid is gearing up to enter China.That's according to its head of operations for the country. A ...
MarketWatch26d
Rivian, Lucid and Fisker navigate a ‘treacherous road’ as they struggle to match Tesla’s success
Earlier this week, Fisker and Lucid cut their production outlooks for the ... months serve as a reminder that the story of any EV startup, with Tesla Inc. TSLA, +4.72% being the “only confirmed ...
The Star18d
EV startups from Lucid to Rivian see demand fade, supply chain issues linger
Luxury sedan maker Lucid, pickup and SUV maker Rivian and ... sees demand picking up from next year as the current sentiment forces EV makers to cut prices and introduce lower-priced models ...
Jalopnik27d
Overvalued and Underperforming: Experts Say EV Startups Are Ready to Be Thinned Out
The company cut this year’s production ... think Rivian and Lucid will emerge successful. Rivian stands out most. Ives says the startup has the best potential to be a “mini Tesla-like ...
autoweek20d
VinFast EV Startup Is Off to a Rocky Start, but VF 8 CUV Shows Potential
Startup electric car brands fronted by flashy ... The company burned though one CEO, cut its workforce here in the US, and—as we discovered on a recent test drive in Encinitas, California ...
autoweek28d
Can Lucid Motors Reverse This Trend?
Lucid is currently testing the Gravity SUV, expected to enter production in 2024 and become the EV maker's second distinct offering. The EV startup now faces growing worries about a slump in ...
Reuters1mon
Fisker cuts production forecast as challenges mount for EV startups
The results follow weak earnings and a production outlook cut overnight from Lucid Group Inc (LCID.O), sending its stock tumbling 10%. U.S. EV startups' hopes of shaking up the industry collided ...
MarketWatch26d
Rivian, Lucid and Fisker navigate a ‘treacherous road’ as they struggle to match Tesla’s success
Earlier this week, Fisker and Lucid cut their production outlooks for the ... months serve as a reminder that the story of any EV startup, with Tesla Inc. TSLA, +1.38% being the “only confirmed ...

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