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Sam Gibson 2016-12-02
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Lucid Motors, a startup formerly known as Atieva that's based in Fremont, California, will show off its electric sedan in mid-December.The startup emailed invitations on Friday to members of the press for the reveal, which will take place at Lucid Motors' prototype shop on December 14.

Lucid Motors will also offer rides in the "executive sedan" at the reveal.Lucid Motors wrote on its website that the car will come with automated driving systems.Peter Rawlinson, the former vice president and chief engineer for Tesla's Model S, is the chief technology officer of Lucid Motors.

Bernard Tse, a former Tesla vice president and board member, helped co-found the company before he was ousted as CEO following friction with its largest shareholder, Beijing Automotive Industry Holding, in April, The Guardian reported at the time.Sam Weng, who currently serves as Lucid Motors' COO, also helped found the company.

Lucid Motors has yet to name a new CEO following Rawlinson's departure.Lucid Motors has released a series of videos featuring its tech in a van dubbed Edna.

The most recent video, from October, indicated that the vehicle was able to accelerate to 60 mph in 2.74 seconds.Lucid Motors executives told Reuters in June that the company was planning to get the electric premium sedan on the road in 2018, with luxury crossovers slated to arrive in 2020 or 2021.Recode's Mark Harris retrieved an image of Lucid Motors' electric sedan via a public records request in October:A Lucid Motors spokesperson told Business Insider that the image is an early concept that is not representative of the car that will be unveiled in December.The spokesperson said Lucid Motors' manufacturing facility will be built in Casa Grande, Arizona in 2017.LeEco, a Chinese internet company founded and run by Chiense billionaire Jia Yueting, is a minority investor in Lucid Motors.

Yueting is also an investor in electric car start-up Faraday Future.Faraday Future is preparing to unveil an electric car at the Consumer Electronics Show in January, but the automaker has faced setbacks, such as halted construction on its $1 billion factory in Nevada.LeEco raised $1.08 billion to develop its electric car, the LeSee, in September.

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Ronald Mitchell 2021-07-26
Photo by Andrew Hawkins / The Verge

Electric vehicle startup Lucid Motors is now a publicly traded company, following the completion of a merger where it fetched an eye-watering $4.5 billion in fresh capital. Shares of the Saudi-owned, California-based startup began trading on the Nasdaq stock exchange Monday morning.

Lucid Motors will now turn its full attention back to an even taller task: getting its first electric car on the road, where it will face stiff competition in the luxury market from Tesla, Mercedes-Benz, and others. The startup has said that it plans to start delivering its extremely powerful but serenely luxurious Air sedan later this year, and it has already built more than 100 near-final quality versions at its new factory in Arizona. It has an electric...

Continue reading…

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0
Rafael Beltrami 2017-03-15
img

Startup Lucid Motors has revealed more details about its first long-range electric car, the Lucid Air.The base Lucid Air vehicle will start at $52,500 after federal tax credits and have a range of 240 miles, Lucid Motors announced on Wednesday.

That would put the sedan in closest competition with the Tesla Model S 75, which has a range of 249 miles and starts at roughly $70,300 after federal tax credits.Lucid Motors, formerly Atieva, was founded by Bernard Tse, a former Tesla vice president and board member who was ousted as CEO following friction with the company's largest shareholder, Beijing Automotive Industry Holding, in April 2016, The Guardian reported at the time.Peter Rawlinson, the former vice president and chief engineer for Tesla's Model S, is Lucid Motors' chief technology officer.

Lucid Motors, which is based in Menlo Park, has yet to name a new CEO.Scroll down for a closer look at the Lucid Air: View As:

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0
Jerry Anderson 2020-07-28
img
Lucid Motors has revealed the bevy of sensors its upcoming Lucid Air electric luxury car will be equipped with, as it paves the way for future autonomous driving capabilities. The Lucid DreamDrive system will consist of LIDAR, cameras, radar, and ultra-sonic sensors, in addition to extra driver-monitoring systems inside the vehicle, all in the name of either supporting the person … Continue reading
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0
James Neely 2020-08-19
img
Lucid Motors’ upcoming Air luxury electric sedan won’t just make use of its beefy battery while on the road, with a bidirectional charger offering to power your home in emergencies. A deal with Electrify America, meanwhile, will see Lucid Air drivers get free charging at the network’s fast chargers, with rates up to 350 kW. The bidirectional system uses Lucid … Continue reading
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0
William Cutright 2021-02-22
Photo by Amelia Holowaty Krales / The Verge

Lucid Motors is going to become a publicly-traded company on the New York Stock Exchange in a deal that will leave the electric vehicle startup with $4.4 billion in cash. The California startup, which is majority-owned by Saudi Arabia’s sovereign wealth fund, plans to start shipping its first luxury electric vehicle — the 500-mile range Air sedan — later this year. An electric SUV is slated to follow in 2023.

Much like many other startups in the automotive space have done over the past year, Lucid Motors is skipping the traditional path to becoming a publicly-traded company and is instead merging with a special purpose acquisition company, or SPAC. Specifically, Lucid Motors is merging with Churchill Capital Corp IV, which is already...

Continue reading…

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0
Carlo Prine 2016-12-16
img

Lucid Motors, a startup based in Fremont, California, unveiled its electric car at an event on Thursday that it claims boasts specs rivaling Tesla's Model S.Lucid Motors, formerly Atieva, was co-founded by Bernard Tse, a former Tesla vice president and board member who was ousted as CEO following friction with the company's largest shareholder, Beijing Automotive Industry Holding, in April.

Peter Rawlinson, the former vice president and chief engineer for Tesla's Model S, is Lucid Motors' Chief Technology Officer.

The startup has yet to name a new CEO.Despite not having a CEO at the moment, Lucid Motors unveiled its long-range electric sedan, the Lucid Air, at its prototype shop in Fremont.

Scroll down for a closer look: View As:

collect
0
Jack Scharfenberg 2020-08-26
img
Lucid Motors has revealed the beefy battery and new architecture that will make the upcoming Lucid Air the longest-driving EV around, tapping one of the biggest advantages that electrification brings to modern vehicles. The Air, which will be fully unveiled in early September, is expected to be capable of up to 517 miles of EPA range, Lucid has previously estimated. … Continue reading
collect
0
Alan Krieg 2020-08-11
img
Electric car startup Lucid Motors is claiming the range crown for its Lucid Air, boasting third-party validation for the upcoming Tesla rival. Ahead of production kicking off, the Air will be capable of 517 miles of driving on a single charge, Lucid says, making it “the longest range electric vehicle to date.” It’s certainly a considerable increase over what the … Continue reading
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0
Mildred Billups 2020-09-10
img
New teaser photos reveal more details about Lucid Motors' second model, built on technology developed for the Lucid Air electric sedan.
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0
Donald Koontz 2018-08-20
img

Saudi Arabia's sovereign wealth fund, PIF, recently made headlines when Elon Musk said they would potentially provide the funding to take Tesla private.

But they might be considering a separate investment with a different EV startup, too.

PIF is considering an investment in Lucid Motors, a privately held EV startup, Reuters reports, citing people familiar with the matter.

Neither PIF nor Lucid Motors immediately returned requests for comment.

The sources told Reuters that PIF's initial investment in Lucid Motors could be as high as $500 million, but it could very well invest more than $1 billion overall, which would give PIF majority ownership of the California-based company.

The initial investment will reportedly grow if the company is able to hit production milestones, according to Reuters' sources.

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0
Brian Plymel 2019-02-26
img

According to the Lucid Motors to the electric car with a thousand horsepower that peaks of over 300 km/h begin to be manufactured next year.

But the company has not even begun construction of a factory.

at the same time, notifies the supervisor that there are now plans for a second model – an suv.

It has been almost two years since the u.s. elbilstillverkaren flagged for his first model.

start of Production for Lucid Motors since the Air is set to 2020, but uppstartföretaget have not even started the construction of its factory.

During the last year secured the company certainly over a billion dollars from the Saudi Public Investment Fund, but many believe that Lucid Motors within the card needs to show up more forward motion in order to maintain its credibility.

collect
0
Charles Janow 2021-07-22
Photo by Andrew Hawkins / The Verge

Lucid Motors is on the precipice of completing a merger that will give the Saudi-owned electric vehicle startup $4.5 billion in fresh capital. But the deal is being held up, in part, by spam filters.

The California-based startup is merging with a special purpose acquisition company, or SPAC, called Churchill Capital IV that is already listed on the New York Stock Exchange. For the merger to go through, Churchill shareholders have to approve a number of proposals that outline the terms. That vote was supposed to close today, but Churchill extended the deadline to Friday because not enough shareholders have approved a key proposal.

There are a few possible reasons why. The first is the spam filter issue. To participate in that vote,...

Continue reading…

collect
0
Robert Flowers 2017-11-27
img

Lucid Motors, an electric-car startup that's developing a 1,000-horsepower luxury sedan it says could rival the Tesla Model S and flagship offerings from Mercedes-Benz and BMW, is moving to a bigger headquarters.

The company is setting up its new home in Newark, California, not far from Tesla's factory.

The electric-car startup Lucid Motors announced on Monday it is doubling the size of its San Francisco Bay Area headquarters.

The company, which is developing the 1,000-horsepower Lucid Air, will move its operations from Menlo Park, California, to Newark — one city over from Tesla's factory in Fremont.

The new digs will allow for a larger design studio and an expanded space for research and development, the company said in a blog post on its website.

Lucid Motors has previously touted itself as a challenger to Tesla, but with larger ambitions to take on the mainstays of the full-size luxury sedan segment.

collect
0
Mark Maynard 2016-10-21
img

Earlier this year, California-based startup Atieva made waves by showcasing a vehicle named Edna.

Edna was a relatively normal-looking white cargo van, only it was packing some serious electric firepower beneath its utilitarian skin.

As we showed you previously, Edna blew the doors off a Tesla Model S P90D, a Ferrari California T, a BMW i8, and a Dodge Viper in a straight drag race, using two electric motors and more than 900 horsepower to get the job done.

Edna was primarily a powertrain test for Atieva though, and now under the name Lucid Motors, the brand is prepping to release its very first production car.

Officially unnamed at this point, the vehicle is designed to compete head-to-head with the Tesla Model S, something made all the more interesting when you realize Lucid Motors CTO is former Model S Chief Engineer Peter Rawlinson.

How will the Model S and Lucid Motors stack up?

collect
0
Richard Skaggs 2020-09-10
img
It's not the most detailed configurator out there, but Lucid Motors' one for the Air is a little more in-depth than Tesla's.
collect
0
Sam Gibson 2016-12-02
img

Lucid Motors, a startup formerly known as Atieva that's based in Fremont, California, will show off its electric sedan in mid-December.The startup emailed invitations on Friday to members of the press for the reveal, which will take place at Lucid Motors' prototype shop on December 14.

Lucid Motors will also offer rides in the "executive sedan" at the reveal.Lucid Motors wrote on its website that the car will come with automated driving systems.Peter Rawlinson, the former vice president and chief engineer for Tesla's Model S, is the chief technology officer of Lucid Motors.

Bernard Tse, a former Tesla vice president and board member, helped co-found the company before he was ousted as CEO following friction with its largest shareholder, Beijing Automotive Industry Holding, in April, The Guardian reported at the time.Sam Weng, who currently serves as Lucid Motors' COO, also helped found the company.

Lucid Motors has yet to name a new CEO following Rawlinson's departure.Lucid Motors has released a series of videos featuring its tech in a van dubbed Edna.

The most recent video, from October, indicated that the vehicle was able to accelerate to 60 mph in 2.74 seconds.Lucid Motors executives told Reuters in June that the company was planning to get the electric premium sedan on the road in 2018, with luxury crossovers slated to arrive in 2020 or 2021.Recode's Mark Harris retrieved an image of Lucid Motors' electric sedan via a public records request in October:A Lucid Motors spokesperson told Business Insider that the image is an early concept that is not representative of the car that will be unveiled in December.The spokesperson said Lucid Motors' manufacturing facility will be built in Casa Grande, Arizona in 2017.LeEco, a Chinese internet company founded and run by Chiense billionaire Jia Yueting, is a minority investor in Lucid Motors.

Yueting is also an investor in electric car start-up Faraday Future.Faraday Future is preparing to unveil an electric car at the Consumer Electronics Show in January, but the automaker has faced setbacks, such as halted construction on its $1 billion factory in Nevada.LeEco raised $1.08 billion to develop its electric car, the LeSee, in September.

Rafael Beltrami 2017-03-15
img

Startup Lucid Motors has revealed more details about its first long-range electric car, the Lucid Air.The base Lucid Air vehicle will start at $52,500 after federal tax credits and have a range of 240 miles, Lucid Motors announced on Wednesday.

That would put the sedan in closest competition with the Tesla Model S 75, which has a range of 249 miles and starts at roughly $70,300 after federal tax credits.Lucid Motors, formerly Atieva, was founded by Bernard Tse, a former Tesla vice president and board member who was ousted as CEO following friction with the company's largest shareholder, Beijing Automotive Industry Holding, in April 2016, The Guardian reported at the time.Peter Rawlinson, the former vice president and chief engineer for Tesla's Model S, is Lucid Motors' chief technology officer.

Lucid Motors, which is based in Menlo Park, has yet to name a new CEO.Scroll down for a closer look at the Lucid Air: View As:

James Neely 2020-08-19
img
Lucid Motors’ upcoming Air luxury electric sedan won’t just make use of its beefy battery while on the road, with a bidirectional charger offering to power your home in emergencies. A deal with Electrify America, meanwhile, will see Lucid Air drivers get free charging at the network’s fast chargers, with rates up to 350 kW. The bidirectional system uses Lucid … Continue reading
Carlo Prine 2016-12-16
img

Lucid Motors, a startup based in Fremont, California, unveiled its electric car at an event on Thursday that it claims boasts specs rivaling Tesla's Model S.Lucid Motors, formerly Atieva, was co-founded by Bernard Tse, a former Tesla vice president and board member who was ousted as CEO following friction with the company's largest shareholder, Beijing Automotive Industry Holding, in April.

Peter Rawlinson, the former vice president and chief engineer for Tesla's Model S, is Lucid Motors' Chief Technology Officer.

The startup has yet to name a new CEO.Despite not having a CEO at the moment, Lucid Motors unveiled its long-range electric sedan, the Lucid Air, at its prototype shop in Fremont.

Scroll down for a closer look: View As:

Alan Krieg 2020-08-11
img
Electric car startup Lucid Motors is claiming the range crown for its Lucid Air, boasting third-party validation for the upcoming Tesla rival. Ahead of production kicking off, the Air will be capable of 517 miles of driving on a single charge, Lucid says, making it “the longest range electric vehicle to date.” It’s certainly a considerable increase over what the … Continue reading
Donald Koontz 2018-08-20
img

Saudi Arabia's sovereign wealth fund, PIF, recently made headlines when Elon Musk said they would potentially provide the funding to take Tesla private.

But they might be considering a separate investment with a different EV startup, too.

PIF is considering an investment in Lucid Motors, a privately held EV startup, Reuters reports, citing people familiar with the matter.

Neither PIF nor Lucid Motors immediately returned requests for comment.

The sources told Reuters that PIF's initial investment in Lucid Motors could be as high as $500 million, but it could very well invest more than $1 billion overall, which would give PIF majority ownership of the California-based company.

The initial investment will reportedly grow if the company is able to hit production milestones, according to Reuters' sources.

Charles Janow 2021-07-22
Photo by Andrew Hawkins / The Verge

Lucid Motors is on the precipice of completing a merger that will give the Saudi-owned electric vehicle startup $4.5 billion in fresh capital. But the deal is being held up, in part, by spam filters.

The California-based startup is merging with a special purpose acquisition company, or SPAC, called Churchill Capital IV that is already listed on the New York Stock Exchange. For the merger to go through, Churchill shareholders have to approve a number of proposals that outline the terms. That vote was supposed to close today, but Churchill extended the deadline to Friday because not enough shareholders have approved a key proposal.

There are a few possible reasons why. The first is the spam filter issue. To participate in that vote,...

Continue reading…

Mark Maynard 2016-10-21
img

Earlier this year, California-based startup Atieva made waves by showcasing a vehicle named Edna.

Edna was a relatively normal-looking white cargo van, only it was packing some serious electric firepower beneath its utilitarian skin.

As we showed you previously, Edna blew the doors off a Tesla Model S P90D, a Ferrari California T, a BMW i8, and a Dodge Viper in a straight drag race, using two electric motors and more than 900 horsepower to get the job done.

Edna was primarily a powertrain test for Atieva though, and now under the name Lucid Motors, the brand is prepping to release its very first production car.

Officially unnamed at this point, the vehicle is designed to compete head-to-head with the Tesla Model S, something made all the more interesting when you realize Lucid Motors CTO is former Model S Chief Engineer Peter Rawlinson.

How will the Model S and Lucid Motors stack up?

Ronald Mitchell 2021-07-26
Photo by Andrew Hawkins / The Verge

Electric vehicle startup Lucid Motors is now a publicly traded company, following the completion of a merger where it fetched an eye-watering $4.5 billion in fresh capital. Shares of the Saudi-owned, California-based startup began trading on the Nasdaq stock exchange Monday morning.

Lucid Motors will now turn its full attention back to an even taller task: getting its first electric car on the road, where it will face stiff competition in the luxury market from Tesla, Mercedes-Benz, and others. The startup has said that it plans to start delivering its extremely powerful but serenely luxurious Air sedan later this year, and it has already built more than 100 near-final quality versions at its new factory in Arizona. It has an electric...

Continue reading…

Jerry Anderson 2020-07-28
img
Lucid Motors has revealed the bevy of sensors its upcoming Lucid Air electric luxury car will be equipped with, as it paves the way for future autonomous driving capabilities. The Lucid DreamDrive system will consist of LIDAR, cameras, radar, and ultra-sonic sensors, in addition to extra driver-monitoring systems inside the vehicle, all in the name of either supporting the person … Continue reading
William Cutright 2021-02-22
Photo by Amelia Holowaty Krales / The Verge

Lucid Motors is going to become a publicly-traded company on the New York Stock Exchange in a deal that will leave the electric vehicle startup with $4.4 billion in cash. The California startup, which is majority-owned by Saudi Arabia’s sovereign wealth fund, plans to start shipping its first luxury electric vehicle — the 500-mile range Air sedan — later this year. An electric SUV is slated to follow in 2023.

Much like many other startups in the automotive space have done over the past year, Lucid Motors is skipping the traditional path to becoming a publicly-traded company and is instead merging with a special purpose acquisition company, or SPAC. Specifically, Lucid Motors is merging with Churchill Capital Corp IV, which is already...

Continue reading…

Jack Scharfenberg 2020-08-26
img
Lucid Motors has revealed the beefy battery and new architecture that will make the upcoming Lucid Air the longest-driving EV around, tapping one of the biggest advantages that electrification brings to modern vehicles. The Air, which will be fully unveiled in early September, is expected to be capable of up to 517 miles of EPA range, Lucid has previously estimated. … Continue reading
Mildred Billups 2020-09-10
img
New teaser photos reveal more details about Lucid Motors' second model, built on technology developed for the Lucid Air electric sedan.
Brian Plymel 2019-02-26
img

According to the Lucid Motors to the electric car with a thousand horsepower that peaks of over 300 km/h begin to be manufactured next year.

But the company has not even begun construction of a factory.

at the same time, notifies the supervisor that there are now plans for a second model – an suv.

It has been almost two years since the u.s. elbilstillverkaren flagged for his first model.

start of Production for Lucid Motors since the Air is set to 2020, but uppstartföretaget have not even started the construction of its factory.

During the last year secured the company certainly over a billion dollars from the Saudi Public Investment Fund, but many believe that Lucid Motors within the card needs to show up more forward motion in order to maintain its credibility.

Robert Flowers 2017-11-27
img

Lucid Motors, an electric-car startup that's developing a 1,000-horsepower luxury sedan it says could rival the Tesla Model S and flagship offerings from Mercedes-Benz and BMW, is moving to a bigger headquarters.

The company is setting up its new home in Newark, California, not far from Tesla's factory.

The electric-car startup Lucid Motors announced on Monday it is doubling the size of its San Francisco Bay Area headquarters.

The company, which is developing the 1,000-horsepower Lucid Air, will move its operations from Menlo Park, California, to Newark — one city over from Tesla's factory in Fremont.

The new digs will allow for a larger design studio and an expanded space for research and development, the company said in a blog post on its website.

Lucid Motors has previously touted itself as a challenger to Tesla, but with larger ambitions to take on the mainstays of the full-size luxury sedan segment.

Richard Skaggs 2020-09-10
img
It's not the most detailed configurator out there, but Lucid Motors' one for the Air is a little more in-depth than Tesla's.