The struggling Lucid Group revealed another series of setbacks once again announcing cuts to its full-year production plans. Revenues fell well short of expectations, as well, though it did beat earnings forecast. Headlight News has more.
The struggling Lucid Group revealed another series of setbacks once again announcing cuts to its full-year production plans. Revenues fell well short of expectations, as well, though it did beat earnings forecast. Headlight News has more.
Auto show season is kicking into gear again and all eyes will turn to Los Angeles next week. Among the big debuts scheduled for the 2023 LA Auto Show next week, Lucid confirmed it will launch its first SUV, dubbed Gravity, while Subaru is teasing “an all-new, fully redesigned vehicle.” Toyota is revealing the Crown SUV and there’ll be debuts from Hyundai, Acura, Kia and more. Headlight.News offers a preview of all the debuts in store.
Among only a handful of EV startups to make it into showrooms, Lucid has delivered an impressive first product with the Air sedan. Among the various trims, the Air Touring may be most impressive from the bang-for-the-buck factor, but we did find room for improvement. Check it out at Headlight.News.
Production initially limited, but long-term plans target substantial growth for the Saudi-backed EV maker. Get more details about the new facility at Headlight.News.