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Lucid Group Inc - LCID STOCK NEWS

Welcome to our dedicated news page for Lucid Group (Ticker: LCID), a resource for investors and traders seeking the latest updates and insights on Lucid Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lucid Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lucid Group's position in the market.

News
Introducing the Lucid Gravity: Redefining the Electric SUV
Rhea-AI Summary
Lucid Group, Inc. (NASDAQ: LCID) introduces the groundbreaking new Lucid Gravity luxury electric SUV, offering an unprecedented combination of space, luxury, and performance. With a projected driving range of over 440 miles, the Gravity SUV features a spacious interior for up to seven adults, a sleek aerodynamic design, and a starting price under $80,000. The Gravity SUV represents a significant leap forward for Lucid's world-leading technology and design, combining innovation, luxury, and versatility in one remarkable vehicle.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.42%
Tags
none
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News
Introducing RangeXchange, an Innovative New Feature Enabling the Lucid Air to Directly Charge Other Electric Vehicles
Rhea-AI Summary
Lucid Group, Inc. (NASDAQ: LCID) introduces RangeXchange, a vehicle-to-vehicle (V2V) adapter that allows Lucid Air owners to charge other electric vehicles. This innovative feature adds 24 to 40 miles of range per hour and is made possible by Lucid's bi-directional charging technology and proprietary software. The new adapter will be available for purchase in the U.S. and requires a separate charging cable adapter. The OTA software update is needed to enable this feature.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.94%
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none
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News
Lucid Welcomes Marc Winterhoff as Chief Operating Officer
Rhea-AI Summary
Lucid Group, Inc. (NASDAQ: LCID) appoints Marc Winterhoff as Chief Operating Officer, highlighting the company's focus on international expansion, go-to-market strategy, and manufacturing operations. Winterhoff brings 27 years of automotive and software industry experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.14%
Tags
none
News
Lucid Announces Third Quarter 2023 Financial Results
Rhea-AI Summary
Lucid Group, Inc. (NASDAQ: LCID) reported Q3 revenue of $137.8 million, driven by customer deliveries of 1,457 vehicles. The company is adjusting its production outlook for 2023 to 8,000 – 8,500 vehicles to align with deliveries. Lucid also announced the appointment of Marc Winterhoff as its first-ever Chief Operating Officer and the upcoming unveiling of the Lucid Gravity, the company's new luxury electric SUV, at the LA Auto Show on November 16.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.14%
Tags
earnings
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News
Lucid to Adopt North American Charging Standard (NACS), Bringing Greater Convenience to Lucid Customers
Rhea-AI Summary
Lucid Group, Inc. announced that all Lucid vehicles built with the current Combined Charging System (CCS) will be able to charge at Tesla Supercharger stations in 2025 using an adapter. Additionally, Lucid will integrate the North American Charging Standard (NACS) into future vehicles in 2025. This move aims to provide expanded access to reliable and convenient charging solutions for Lucid customers and accelerate the adoption of electric vehicles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.46%
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none
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News
Lucid Introduces U.S. Referral Program Benefiting Current and Future Owners
Rhea-AI Summary
Lucid Group launches Lucid Referral Program in the US, offering exclusive benefits to current Lucid Air owners. Owners can share their referral links to give discounts to friends and family. Points earned can be redeemed for branded gear, accessories, and Lucid Experiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.4%
Tags
none
News
Lucid Announces Q3 Production & Deliveries, Sets Date for Third Quarter 2023 Results
Rhea-AI Summary
Lucid Group announces production and delivery totals for Q3 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.3%
Tags
earnings
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News
Lucid Introduces the New $77,400 Air Pure RWD, a Sporty and Stylish EV Offering an Unsurpassed Combination of Range, Driver-Oriented Performance, and Design
Rhea-AI Summary
Lucid Group launches new Lucid Air Pure RWD with 410 miles of range at a starting price of $77,400
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.19%
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none
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News
Lucid Group Makes History in Saudi Arabia as it Opens Country's First-Ever Car Manufacturing Facility
Rhea-AI Summary
Lucid Group has opened its first international manufacturing facility in Saudi Arabia, with the capacity to assemble 5,000 vehicles per annum. The facility is expected to have the capacity to produce a total of 155,000 electric vehicles per annum in the future. Lucid aims to support the Saudi Green Initiative's goal of ensuring 30% of new car sales in the Kingdom are electric by 2030. The facility received support from the Saudi government and will contribute to diversifying the country's economy. Lucid plans to employ hundreds of Saudi nationals and foster the growth of the domestic supply chain. The facility will also enable Lucid to export its vehicles to other regions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.82%
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none
News
Lucid Announces Final Production Specifications for the Lucid Air Sapphire: The World's First Luxury Electric Super-Sports Sedan
Rhea-AI Summary
Lucid Group unveils the final production specs for the Lucid Air Sapphire, the world's first fully electric luxury super-sports sedan. It achieves 0-60 mph in 1.89 seconds, has a top speed of 205 mph, and offers an EPA-estimated range of 427 miles. The car features three motors, four driving modes, carbon-ceramic brakes, and a special aerodynamic package. Production begins in September.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.17%
Tags
none
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Lucid Group Inc

Nasdaq:LCID

LCID Rankings

#1112 Ranked by Market Cap
#5172 Ranked by Stock Gains
N/A Ranked by Dividends

LCID Stock Data

5.74B
883.08M
1.85%
74.32%
12.06%
Motor Vehicle Body Manufacturing
Manufacturing
Link
United States
Newark

About LCID

we set out to create a car that elevates the human experience and transcends the perceived limitations of space, performance, and intelligence. a car that is intuitive, liberating, and designed for all the ways people get around. we plan to lead in this new era of mobility by returning to the fundamentals of great design – where every decision we make is in service of the individual. because when you are no longer bound by convention, you are free to define your own path.