Lucid’s record quarter got a lift from rental sales and company leases
Lucid Motors set a company record for deliveries in the first quarter of 2025, shipping 3,109 EVs to customers in…
Tag: Motors
GM taps Aurora co-founder for new chief product officer role
General Motors has turned to Sterling Anderson, a veteran of the autonomous vehicle industry, to oversee its entire product line…
Conifer locks down $20M seed round for its ‘drop-in’ electric hub motor
A handful of engineers who worked at Lucid Motors and on Apple’s electric car project have launched a new startup…
Nikola founder Trevor Milton accused of trying to derail bankruptcy case
A court hearing on the sale of bankrupt electric truck startup Nikola’s assets to Lucid Motors was going smoothly on…
GM cuts 500 jobs because of weak demand for BrightDrop electric vans
General Motors is laying off 500 workers at a factory in Canada because of weak demand for its all-electric BrightDrop…
Lucid to buy Nikola’s Arizona EV facilities after the latter’s bankruptcy
Lucid Motors has announced that it’s acquiring certain facilities in Arizona owned by Nikola, an EV truck maker that filed…
Lucid Motors wins bankruptcy auction for Nikola’s Arizona factory and other assets
EV startup Lucid Motors has emerged as a surprise winner in the bankruptcy auction for electric trucking company Nikola’s Arizona…
Lucid to ramp customer deliveries for Gravity SUV by end of April
Lucid Motors plans to resume customer deliveries for its new all-electric Gravity SUV at the end of April. Getting the…
Lucid Motors CEO Peter Rawlinson steps down
Lucid Motors is changing CEOs for the first time in nearly six years. The company announced Tuesday that Peter Rawlinson…
Scout Motors sued over plan to sell EVs direct to consumers
Scout Motors’ plan to eschew traditional dealerships and sell EVs directly to consumers is running into legal trouble. A group…
