Lucid Group Inc. LCID Archives

FridaySep 06, 2024 11:25 am

QualityStocksNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) CEO to Present at Upcoming Morgan Stanley Conference

Lucid Group (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, has announced that its CEO and CTO Peter Rawlinson will participate in a fireside chat at the Morgan Stanley 12th Annual Laguna Conference on Thursday, Sept. 12. According to the announcement, the session is scheduled to begin at 2:35 p.m. PT and will be webcast live on Lucid’s investor relations website. A replay of the webcast will be available for 60 days following the live presentation. To view the full press release, visit https://ibn.fm/MrbJU About Lucid Group Lucid is a Silicon Valley-based technology company focused on creating the…

ThursdayJul 25, 2024 12:25 pm

QualityStocksNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) Inks Nonbinding Supply Agreement with American Producer of High-Grade Anode Materials

Lucid Group (NASDAQ: LCID), maker of the world's most-advanced electric vehicles, has entered into a nonbinding supply agreement with Graphite One Inc.(TSX.V: GPH) (OTCQX: GPHOF). The agreement is for anode active materials (“AAM”). According to the announcement, the agreement, which is initially for five years, is for 5,000 tpa once Graphite One commences production of synthetic graphite. Sales will be based on an agreed price formula tied to future market pricing that also acknowledges base-case pricing. Graphite One officials noted that the agreement helps the company develop its 100% U.S. domestic supply chain. “We are committed to accelerating the transition…

MondayJul 08, 2024 1:28 pm

QualityStocksNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) Announces Second Quarter Production, Deliveries, Schedules Release of Q2 2024 Results, Conference Call

Lucid Group (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, today announced production and delivery totals for the quarter ended June 30, 2024. Lucid produced 2,110 vehicles and delivered 2,394 vehicles during this period, for which it will soon release its net income and cash flow results along with the rest of its financial performance. Lucid vehicle production and delivery numbers represent only one measure of the company’s operating performance and should not be relied on as sole indicators of quarterly financial results, which depend on a variety of factors. The company will host a conference call to…

TuesdayJun 25, 2024 12:52 pm

QualityStocksNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) Appoints Nick Twork to Oversee Global Communications Team

Lucid Group (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, has announced the appointment of Nick Twork as its head of global communications. In the new role, Twork will oversee Lucid’s global communications team, which includes worldwide product, corporate, financial and internal communications, media relations and social media. Twork will assist Lucid’s world-class executive team support and amplify the company’s mission, working closely across all divisions internationally. “Nick has a rare blend of deep industry insight, emerging technology leadership, and a passion for our mission to decarbonize the transportation sector,” said Lucid CEO and CTO Peter Rawlinson. “I’m…

FridayJun 07, 2024 1:58 pm

QualityStocksNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) CEO to Participate in Fireside Chats at Two Upcoming Events

Lucid Group (NASDAQ: LCID) is the maker of the world’s most advanced electric vehicles. The company today announced that Peter Rawlinson, its CEO and CTO, will participate in a fireside chat at the Deutsche Bank Global Auto Industry Conference. The fireside chat is scheduled for Tuesday, June 11, at approximately 2:40 p.m. ET. In addition, on Wednesday, June 12, at approximately 9 a.m. ET, Rawlinson will participate in a fireside chat at the third annual Evercore ISI Global Clean Energy & Transitions Summit. According to the announcement, both discussions will be webcasted live on the company’s investor relations website, with…

WednesdayApr 17, 2024 2:58 pm

QualityStocksNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) Announces Enhanced Features of 2024 Lucid Air Grand Touring Model

Lucid Group (NASDAQ: LCID), a company setting new standards for the luxury electric experience with the Lucid Air, America's most awarded new luxury vehicle, has released details about its 2024 Lucid Air Grand Touring. This year’s model features enhancements designed to help people drive farther and charge faster in a broader range of environments and conditions. Enhanced features include an EPA-estimated range of 516 miles, the longest range of any EV in the U.S. market today; more efficiency and more sustainable performance, thanks to the vehicle’s proprietary motor design, battery cell chemistry and thermal characteristics; and an estimated 15%–30% faster…

MondayMar 25, 2024 12:47 pm

QualityStocksNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) Receives $1B Investment from Major Stockholder

Lucid Group (NASDAQ: LCID), a company setting new standards for the luxury electric experience with the Lucid Air, America's most awarded new luxury vehicle and selected to Car and Driver's 10-Best list for 2024, has received an additional investment from its majority stockholder. The company has entered into an agreement with Ayar Third Investment Company, an affiliate of the Public Investment Fund ("PIF"), to purchase $1 billion of newly created series of convertible preferred stock via private placement; the purchase is subject to customary agreements. Lucid anticipates using the funds from the private placement for general corporate purposes. “We are extremely pleased…

TuesdayDec 12, 2023 1:05 pm

QualityStocksNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) Announces Departure of CFO Sherry House

Lucid Group (NASDAQ: LCID) has announced that its Chief Financial Officer (“CFO”) Sherry House is resigning from her position, effective immediately, to pursue other opportunities. According to the announcement, House will be available in an advisory role through Dec. 31, 2023, to assist in the transition of her duties. Lucid’s current VP of Accounting and Principal Accounting Officer Gagan Dhingra will additionally serve as interim CFO and principal financial officer, effective immediately, while Lucid’s search for a replacement for House is underway. “I want to thank Sherry for her contributions to the company during her tenure,” said Lucid’s CEO and…

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