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Lucid Pushes for EV Tax Credit Extension to Boost Small Brands Through 2026
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Lucid CEO Urges Congress to Save $7,500 EV Tax Credit as Senate Plans Cuts

Lucid Motors CEO Marc Winterhoff has urged Congress to preserve the $7,500 federal electric vehicle (EV) tax credit, warning that its elimination could cripple startups like his in a competitive market. As the Senate prepares to vote on a bill that would end the credit by mid-2025, Winterhoff’s plea underscores the high stakes for emerging…

Lucid Pushes for EV Tax Credit Extension to Boost Small Brands Through 2026
Lucid

Lucid Pushes for EV Tax Credit Extension to Boost Small Brands Through 2026

Lucid Motors is advocating for the $7,500 EV tax credit to remain in place for emerging automakers through 2026, arguing it levels the playing field against established brands. Interim CEO Marc Winterhoff emphasized fairness, noting that legacy manufacturers have long benefited from the incentive. This comes as Lucid ramps up production of its new Gravity…

Lucid

Lucid Motors Boosts EV Efficiency with Fewer Parts, Stronger U.S. Supply Chain

Lucid Motors is redefining electric vehicle (EV) production by using fewer parts and prioritizing domestic suppliers, a strategy that enhances efficiency and resilience, according to VP of Engineering James Hawkins. Speaking at AutoTech 2025, Hawkins outlined how this approach delivers high-performance EVs while addressing supply chain challenges in a volatile global market, according to Automotiv

Morgan Stanley Downgrades Lucid, Rivian to Sell, Warns of 'EV Winter' Into 2026
Lucid

Lucid Motors Slashes Prices with 2025 Air Models and New Incentives

Lucid Motors is making waves in the electric vehicle (EV) industry by rolling out attractive pricing and incentives for its 2025 Lucid Air lineup, as announced on their official website. With lease options starting as low as $519 per month and cash bonuses up to $10,000, the luxury EV maker is positioning itself as a…

Morgan Stanley Downgrades Lucid, Rivian to Sell, Warns of 'EV Winter' Into 2026
Lucid

Lucid Motors Slashes 2025 Air Model Prices with New Offers for EV Buyers

Lucid Motors has rolled out aggressive pricing and incentives for its 2025 Lucid Air lineup, making its luxury electric vehicles (EVs) more accessible to buyers. The updated pricing, detailed on Lucid Motors’ official website, positions the Air Pure, Air Touring, and Air Grand Touring as compelling options in the competitive EV market, with cash prices…

Lucid

Lucid’s Q1 2025 Earnings: Can Gravity SUV Launch Accelerate EV Dreams?

On May 6, 2025, Lucid Group will unveil its first-quarter financials, a critical moment for the luxury electric vehicle (EV) maker as it gears up for the Lucid Gravity SUV launch. With Lucid’s Investor Relations reporting a 58% surge in Q1 deliveries (3,109 vehicles) compared to last year, investors and EV enthusiasts are eager to…

Lucid Motors Smashes Delivery Records in Q3 2024, Faces Production Hurdles
Lucid

Lucid Motors Acquires Nikola’s Arizona Facilities for $30M Post-Bankruptcy: A Strategic Expansion for EV Production

On April 13, 2025, Lucid Motors seized a pivotal opportunity by acquiring the Arizona facilities of Nikola, a once-hyped electric vehicle (EV) and hydrogen truck manufacturer, for $30 million following Nikola’s Chapter 11 bankruptcy filing in February. The deal, announced on April 13, 2025, encompasses Nikola’s truck business and customer relationships, providing Lucid with 884,000…

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