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Lucid Group Inc

NASDAQ:LCID

Lucid Group Inc is the holding company of Lucid Motors, maker of the Lucid Air, which it says is "the quickest, longest range, fastest charging luxury electric car in the world". The group is headquartered in Silicon Valley and its first factory is based on a 500-acre property in Casa Grande, Arizona, with plans for an initial capacity of 10,000 cars a year.

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Tesla price cut hits rival Lucid

Lucid struggled with falling demand in the final quarter, as price cuts from Ford and Tesla hit the EV market

By Proactive