Lucid Group Inc

Electric Last Mile shares plummet to $1 after company confirms SEC probe

The ELMS Urban Delivery, anticipated to launch later this year, is expected to be the first Class 1 commercial electric vehicle available in the U.S. market and will be produced at the Company's facility in Mishawaka, Indiana.Electric Last Mile...

GM electric vehicles to power homes in a new California pilot program

General Motors on Tuesday announced a pilot program with Pacific Gas and Electric Co. in California that would make its electric vehicles capable of powering a home in the event of a power outage or grid failure."This is really...

Lucid slashes 2022 vehicle production forecast

Lucid AirCourtesy: Lucid MotorsLucid Group is cutting its car production forecast for this year by as much as 40%, sending shares of the electric vehicle start-up tumbling 14% during after hours trading.The company on Monday cited supply chain constraints...

Probes, executive upheaval continue to tank SPAC-backed EV start-ups

Electric Last Mile Solutions CEO James Taylor wanted to separate his electric vehicle company by staying out of controversies that had engulfed many of his competitors."We have no lawsuits; no management issues, that we're aware of; we're delivering; we're...

Tesla owns service centers: Pros and cons

Tesla is known for sparking an electric vehicle revolution. It's also brought services to customers, like mobile repairs and over-the-air tune-ups, that were once reserved for only the most elite car companies. Unlike the independent dealership model used by companies...

Tesla climbs nearly 10% on Monday after Credit Suisse upgrade

A Tesla mobile service vehicle outside a dealership in Vallejo, California, U.S., on Tuesday, Oct. 19, 2021.David Paul Morris | Bloomberg | Getty ImagesShares in electric vehicle maker Tesla climbed nearly 10% on Monday after Credit Suisse upgraded the...

How the U.S. fell way behind in lithium, ‘white gold’ for EVs

The United States has a lithium supply problem. Nearly every major automaker has announced a transition to electric vehicles, Tesla delivered almost one million cars in 2021, and a handful of new electric vehicle companies like Rivian and Lucid...

Tesla rival Lucid plans to launch in Europe this year

People test drive Dream Edition P and Dream Edition R electric vehicles at the Lucid Motors plant in Casa Grande, Arizona, September 28, 2021.Caitlin O'Hara | ReutersElectric vehicle maker Lucid plans to start selling its cars in Europe this...

Five ways 2021 may have forever changed the auto industry

The "2021" numerals were towed into Times Square last December by the Kia Sorento SUV after a cross-country road-trip that started at the automaker's U.S. headquarters in Irvine, California, and covered more than 5,500 miles with stops in 15...

EV stocks soared in 2021; investors betting revenue to follow in 2022

Rivian electric trucks are seen parked near the Nasdaq MarketSite building in Times Square on November 10, 2021 in New York City.Michael M. Santiago | Getty ImagesIf 2021 was the year for electric vehicle stocks, 2022 is the year...
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Supreme Court Justice Stephen Breyer will retire Thursday, to be replaced by Ketanji Brown Jackson

Supreme Court Justice Stephen Breyer will retire a week after the court overturned Roe v. Wade, which established a constitutional right to abortion.
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