Luxury EV maker Lucid to open research, development office in Southfield, create 262 jobs

Electric vehicle startup Lucid Group plans to open a research and development office in Southfield and create at least 262 new jobs. The EV maker, headquartered in Silicon Valley, has said it intends ... Read More

EV maker Lucid Motors plans $10 million Southfield engineering and research center

Electric vehicle startup Lucid Motors is planning a $10 million engineering and research office that would open in Southfield in April, a source confirmed to The Detroit News on Friday. The California ... Read More

Luxury EV maker creating $10M engineering hub in Michigan

A California-based electric vehicle startup is setting up a $10 million engineering facility in Michigan. The Michigan Strategic Fund awarded Lucid Motors, a luxury electric sports car manufacturer, a ... Read More

Lucid's stock rises, as EV maker says it will cut 400 jobs in restructuring

Move comes after wider-than-expected first-quarter loss in a weak environment for EVs Lucid Group Inc.'s stock rose 2.6% premarket Friday, after the EV maker announced a restructuring that will ... Read More

Luxury EV Maker Lucid Beats Delivery Estimates on Price Cuts, but Production Slows

Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some of ... Read More

LCID Stock: Why Luxury EV Maker Lucid Is Running Out of Road

Predictions of Lucid Motors’ (NASDAQ:LCID) death are somewhat exaggerated. That’s not the same as saying you should invest in LCID stock. CEO Peter Rawlinson, formerly with Tesla (NASDAQ:TSLA), ... Read More