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Luxury-Electric Automaker Lucid Motors to Launch its Much-Anticipated IPO Next Week

Luxury-Electric Automaker Lucid Motors to Launch its Much-Anticipated IPO Next Week

The shareholders of special purpose acquisition company (SPAC) Churchill Capital Corp IV have approved its merger with luxury electric vehicle startup and Tesla challenger Lucid Motors, paving the way for the company’s much anticipated IPO next week. Shares of Lucid Motors will list on the Nasdaq beginning on Monday July 26, 2021.

Eric Walz2021-07-23 11:30 PT

Lucid Motors Reveals the Elegant ‘Lucid User Experience’ for the Upcoming Air Sedan

Lucid Motors Reveals the Elegant ‘Lucid User Experience’ for the Upcoming Air Sedan

​Luxury-performance electric vehicle startup and Tesla challenger Lucid Motors unveiled its technology-packed Lucid User Experience (Lucid UX) on Wednesday which will be the foundation on how drivers and passengers interact with the controls and features in the electric Lucid Air sedan, the company’s first vehicle.

Eric Walz2021-05-26 10:05 PT

Luxury Electric Vehicle Startup Lucid Motors Hires Key Executives from Waymo, Apple & Ferrari Ahead of its IPO

Luxury Electric Vehicle Startup Lucid Motors Hires Key Executives from Waymo, Apple & Ferrari Ahead of its IPO

Luxury-electric vehicle startup Lucid Motors announced it hired former Waymo Treasurer & Head of Investor Relations Sherry House, as Chief Financial Officer, along with three other industry veterans, as the company prepares for the launch of its first vehicle, the luxury-electric Lucid Air sedan.

Eric Walz2021-05-05 02:00 PT

The Battery Technology in the Mercedes EQS Sedan Will Rival Tesla's Flagship Model S​

The Battery Technology in the Mercedes EQS Sedan Will Rival Tesla's Flagship Model S​

Last week at Daimler’s annual company meeting, the Mercedes-Benz parent shared new details about its upcoming EQS fully-electric sedan. The automaker confirmed that the EQS will come with a 108 kWh battery pack that will offer roughly 479 miles (770 km) of driving range. The range estimate easily beats the 412 mile range of the Long Range Tesla Model S.

Manish Kharinta2021-04-05 09:15 PT

Lucid Motors Shares a New Video of the Vehicle Production Process at its EV Factory in Arizona

Lucid Motors Shares a New Video of the Vehicle Production Process at its EV Factory in Arizona

California luxury electric vehicle startup Lucid Motors shared a new video showing the vehicle production process inside its state of the art Arizona factory. Lucid’s factory is dubbed the Advanced Manufacturing Plant 1 or AMP-1. The site was transformed from a greenfield to a dedicated EV factory in just one year.

Eric Walz2021-03-31 09:00 PT

The Lucid Air Sedan Will be the World’s First Vehicle to Feature Dolby Atmos Audio Technology

The Lucid Air Sedan Will be the World’s First Vehicle to Feature Dolby Atmos Audio Technology

The upcoming Lucid Air sedan will be the world’s first vehicle to offer a state-of-the-art surround sound audio systems featuring Dolby Atmos technology from Dolby Laboratories, the company announced on Wednesday. Lucid Motors calls its Dolby Atmos-powered audio system “Surreal Sound” and it raises the bar for the in-cabin audio experience.

Eric Walz2021-03-17 12:00 PT

Tesla Challenger Lucid Motors to go Public in a $24 Billion SPAC Deal

Tesla Challenger Lucid Motors to go Public in a $24 Billion SPAC Deal

California luxury electric vehicle startup Lucid Motors will become the latest startup to merging with a special purpose acquisition company (SPAC) Churchill Capital IV (NYSE: CCIV) to become a publicly traded company. Lucid Motors is one of the most promising EV startups to go public since Tesla in 2010. The company's pending IPO is already attracting the attention of investors looking for the next big thing in the EV sector.

Eric Walz2021-02-23 08:15 PT

Lucid Motors Closer to Launching its IPO in a SPAC Deal with Churchill Capital at a $12 Billion Valuation

Lucid Motors Closer to Launching its IPO in a SPAC Deal with Churchill Capital at a $12 Billion Valuation

Rumors of a potential deal that would result in California luxury electric vehicle startup Lucid Motors launching its U.S. IPO have been swirling around for the past several months. Now sources have told Reuters that a deal could be just weeks away. According to the sources, Lucid Motors is close to a SPAC deal with blank check company Churchill Capital to go public at a $12-billion valuation.

Eric Walz2021-02-17 12:05 PT

Tesla Challenger Lucid Motors to Open its First East Coast Design Studio This Week in Miami

Tesla Challenger Lucid Motors to Open its First East Coast Design Studio This Week in Miami

California luxury electric vehicle startup Lucid Motors announced on Thursday that will open its first East Coast Lucid Studio retail location in Miami, Florida this week. The design Studio will open at the Brickell City Centre, an upscale retail and residential mixed use development on Saturday, Dec 19. The Lucid Studio in Miami is the first of a network of Lucid Studios that will open on the East Coast of the U.S. in 2021, the company said.

Eric Walz2020-12-17 12:45 PT

Tesla Challenger Lucid Motors Completes Phase 1 Construction of its ‘Future Ready’ EV Factory in Arizona

Tesla Challenger Lucid Motors Completes Phase 1 Construction of its ‘Future Ready’ EV Factory in Arizona

​California electric vehicle startup Lucid Motors has completed the first phase of construction of its advanced factory in Casa Grande, Arizona, the company announced on Tuesday. The company calls the new facility “Lucid AMP-1”, which stands for Advanced Manufacturing Plant. Lucid says its Arizona factory is the first dedicated solely to electric vehicle production in North America.

Eric Walz2020-12-01 11:55 PT

Tesla Challenger Lucid Motors Announces the More Affordable Version of its Air Sedan

Tesla Challenger Lucid Motors Announces the More Affordable Version of its Air Sedan

After electric automaker Tesla slashed the price of its Model S sedan in the U.S., the company’s newest rival Lucid Motors announced a lower priced version of its luxury-electric Air sedan, as well as prices for the entire model lineup of the Air sedan. The entry level Lucid Air costs $77,400 or $69,900 after the U.S. Federal EV Tax Credit of $7,500. This price point makes it a closer competitor to the Tesla Model S and new Porsche Taycan.

Eric Walz2020-10-14 11:00 PT

Luxury Electric Automaker Lucid Motors Opens its Studio & Service Center in Southern California

Luxury Electric Automaker Lucid Motors Opens its Studio & Service Center in Southern California

Luxury electric vehicle startup and Tesla challenger Lucid Motors has officially opened its Lucid Studio and service center in Beverly Hills, California. The Lucid Motors Design Studios will support the company’s “direct to customer sales strategy.”

Eric Walz2020-10-02 16:00 PT

Lucid Motors Officially Launches its High-Performance Air Sedan

Lucid Motors Officially Launches its High-Performance Air Sedan

California luxury electric vehicle startup Lucid Motors has officially revealed its Lucid Air high-performance sedan in a global web broadcast from the company’s headquarters in Newark, California. Lucid says its ultra-luxurious Air sedan is the "world's most advanced electric car" and it will define Lucid as a company.

FutureCar Staff 2020-09-09 17:00 PT

Lucid Motors Shares New Details of the Air Sedan’s Advanced Electric Powertrain Ahead of its Sept 9 Reveal

Lucid Motors Shares New Details of the Air Sedan’s Advanced Electric Powertrain Ahead of its Sept 9 Reveal

The Lucid Motors Air is designed to be one of the world’s most advanced electric vehicles, offering a range of over 500 miles. That long range is made possible by a highly efficient electric powertrain and battery that Lucid designed entirely in house. It’s designed to be the smallest yet most efficient battery-powered propulsion system.

Eric Walz2020-09-02 06:30 PT

 Tesla Challenger Lucid Motors Shares New Details of the Air Sedan’s Design, Including its 113 kWh Battery

Tesla Challenger Lucid Motors Shares New Details of the Air Sedan’s Design, Including its 113 kWh Battery

Tesla Rival Lucid Motors is set to reveal its ultra-luxury Air sedan on Sept 9. In the meantime, the automaker has shared some new details on how the Air was engineered, including using a miniaturized electric powertrain that allowed for Lucid’s engineering team to create a big luxurious interior space.

Eric Walz2020-08-26 06:00 PT

The Lucid Motors Air Sedan’s 900-Volt Architecture Allows for Rapid Charging, Adding 300 Miles of Range in Just 20 Minutes

The Lucid Motors Air Sedan’s 900-Volt Architecture Allows for Rapid Charging, Adding 300 Miles of Range in Just 20 Minutes

Today, electric automaker Lucid Motors announced that its upcoming Air sedan will be the quickest charging electric vehicle, with the capability to charge at rates that will add up to 20 miles per minute. This translates into 300 miles of driving range with just a 20 minute charge in real-world conditions, the company said.

Eric Walz2020-08-19 11:15 PT

Lucid Motors Raises the Bar for EV Range With 517 Miles on a Single Charge for its Air Sedan

Lucid Motors Raises the Bar for EV Range With 517 Miles on a Single Charge for its Air Sedan

Luxury electric vehicle startup Lucid Motors can now claim the longest range for a production vehicle using an EPA approved test procedure. The company's first electric vehicle, the ultra-luxurious Lucid Air sedan, achieved an equivalent of 517 miles on a single charge, something that Tesla, or any other automaker, has yet to achieve.

Eric Walz2020-08-11 06:15 PT

Lucid Motors Unveils its ‘DreamDrive’ Advanced Driver Assist System for the Upcoming Air Sedan

Lucid Motors Unveils its ‘DreamDrive’ Advanced Driver Assist System for the Upcoming Air Sedan

California-based electric vehicle startup Lucid Motors said its ultra-luxurious and fully-electric Air sedan will feature an advanced driver assist system (ADAS) called “DreamDrive”, which the company says sets a new benchmark for vehicle ADAS in the auto industry.

Eric Walz2020-07-28 06:00 PT

Lucid Motors Plans to Open 20 Design Studios & Service Locations Throughout the U.S.

Lucid Motors Plans to Open 20 Design Studios & Service Locations Throughout the U.S.

​As California-based luxury electric vehicle startup Lucid Motors prepares to unveil its first vehicle the Lucid Air sedan in September, the company is building a network of 20 design studios and service centers in the U.S. Most of these locations will be in major cities, such as Los Angeles, Miami, New York and the Washington DC metro area. The new Lucid Studios will support Lucid’s “direct to customer sales strategy.”

Eric Walz2020-07-08 10:00 PT

Luxury Electric Car Startup Lucid Motors Shares its Direct to Customer Sales Strategy

Luxury Electric Car Startup Lucid Motors Shares its Direct to Customer Sales Strategy

California electric luxury car startup Lucid Motors continues its plans to take on Tesla with its high tech and luxurious Lucid Air sedan. The company is preparing its retail sales and service network, which will consist of “Lucid Studio” showrooms where customers can experience the Air sedan in virtual reality and have questions answered by Lucid product experts.

FutureCar Staff 2020-03-05 11:00 PT

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