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EV maker plans to more than double production in 2025

Hosted on MSN · 13h

Lucid CEO steps down; EV maker plans to more than double production in 2025

Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson is stepping down as the company expects to more than double vehicle production this year to 20,000 units.

The Financial Times · 10h

Lucid chief resigns as EV maker pledges to double production

Lucid Motors chief executive Peter Rawlinson has stepped down from the Saudi-backed electric-vehicle maker as it prepares to double production and introduce an SUV model in an effort to reverse a steep decline in its share price.

The Business Journals · 11h

Lucid CEO steps down even as EV maker reports strong financials

Lucid Group, the Saudi-backed EV company that makes its luxury vehicles in Arizona, now has an interim its CEO as its longtime top exec stepped down.

14h

LCID Earnings: Lucid Jumps after Topping Estimates and CEO Transition

Shares of Lucid (LCID) jumped in after-hours trading after the EV company reported earnings for its fourth quarter of Fiscal ...

Lucid (LCID) expects EV output to double in 2025 as the Gravity SUV rolls out

EV startup Lucid Motors (LCID) released its fourth-quarter earnings on Tuesday, beating estimates with big expectations for 2025. Lucid ...

1d

Is Lucid Stock a Buy Now?

Lucid is still struggling to scale up its business, but it had $5.16 billion in liquidity at the end of the third quarter of ...

2d

Penny Stock Lucid Group (LCID) Is About to Report Earnings Tomorrow. Here Is What to Expect

Luxury electric vehicle (EV) maker Lucid Group (LCID) will report its Q4 results on February 25. Since going public in July ...

1d

Lucid to report Q4 earnings after record deliveries, Gravity crossover launch

Despite improving sales and a new crossover, Lucid faces headwinds from the possible repeal of EV tax incentives by the Trump ...

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