Luxury EV maker Lucid to open research, development office in ... - AOL

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 ... Read More

Is Lucid Group a Millionaire-Maker Stock?

Despite the clear quality of its vehicles and its technology, Lucid has struggled. Sales have been relatively meager since the Air was launched in 2022. Last year, the company delivered just 10,241 ... Read More

EV maker Lucid plans $10M Southfield engineering and research center

The Michigan Economic Development Corp.'s Strategic Fund Board on Tuesday will consider a request from Lucid for a $6 million performance-based grant. Read More

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

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

Lucid Motors' Southfield office key to EV maker's growth plan

Development projects will include Lucid's Gravity luxury SUV and an affordable midsize model due in 2026. Read More

Luxury EV maker creating $10M engineering hub in Michigan

Lucid Motors plans to set up a research and development facility that will employ 262 people in Oakland County. Read More

Lucid Motors' new engineering center in Southfield is key to EV maker's ...

Silicon Valley-based electric vehicle specialist Lucid Motors — the folks behind the beautiful and advanced Air luxury sedan — just opened an engineering center in Southfield. Expect it to be ... Read More

EV maker Lucid expects to raise $1.67 bln from stock sale

Cash-strapped electric luxury sedan maker Lucid said on Thursday a combined public offering and private placement of roughly 637 million shares would likely fetch it $1.67 billion. Read More

Lucid slashes over 900 Arizona jobs in cost-cutting move for EV maker

Lucid USA is slashing its Arizona workforce by 968 jobs, according to a filing the company submitted Friday. Read More

Luxury EV maker Lucid to open research, development office in ...

Electric vehicle startup Lucid Group plans to open a research and development office in Southfield and create at least 262 new jobs. Read More