Lucid Motors to Use NVIDIA’s DRIVE Hyperion Platform to Power its ‘DreamDrive Pro’ Advanced Driver Assist System

Nvidia Corp is now at the center of a growing market for advanced AI-powered processors in the auto industry, which are powerful enough to support such features as autonomous driving along with a host of other vehicle safety systems. Luxury electric vehicle startup Lucid Motors is the latest automaker to turn to Nvidia for the compute platform to power its DreamDrive Pro advanced driver assist system.

Eric Walz2022-10-18 10:00 PT

Lucid Group Reports its Q1 Earnings and Deliveries, the Company is Also Hiking Prices on June 1

​Luxury electric car maker Lucid Group, Inc. announced financial results for its first quarter ended March 31, 2022. The results suggest that Lucid will face an uphill battle to reach its delivery goals in 2022 as the company deals with supply chain issues and the rising costs of raw materials. Lucid reported Q1 revenue of $57.7 million and deliveries of just 360 vehicles to customers in the first quarter.

Eric Walz2022-06-11 15:15 PT

Automaker Daimler AG to Formally be Rebranded as Mercedes-Benz Group on Feb 1

Germany's Daimler AG, which is the parent company of luxury brand Mercedes-Benz, is renaming itself after its luxury nameplate after almost 100 years. On Tuesday, Feb 1, the company will officially be named “Mercedes Benz Group AG”. The automaker believes that the name change will help it to unlock shareholder value for the premium carmaker as the auto industry moves towards electrification.

FutureCar Staff 2022-03-06 14:00 PT

The Upcoming Lucid Air Sedan Will Ride on High-Tech Pirelli Tires Designed for EVs

The forthcoming Lucid Air sedan from luxury electric vehicle startup Lucid Motors will be one of the world’s most advanced electric vehicles, right down to the tires its will ride on. The Air sedan will come with a set of high-tech tires developed by Italian tire manufacturer Pirelli. The Pirelli P ZERO tires are made specifically for electric and hybrid vehicles, with extra load capacity to support the additional weight of the vehicle’s battery pack.

Eric Walz2021-08-26 12:30 PT

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 Walz2021-07-02 10:05 PT

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 Walz2021-04-23 12:00 PT

Tesla, Lucid Motors & Rivian Join a New Lobbying Group Called 'ZETA' to Promote Electric Vehicle Adoption in the U.S.

Electric vehicle pioneer Tesla and two of its newest rivals Lucid Motors and Rivian have joined a new lobbying group called the “Zero Emission Transportation Association” (ZETA). The organization will focus on advocating for national policies to promote the use of zero-emissions electric vehicles. ZETA aims to bring together those who support meeting the goal of 100% electric vehicle sales in the U.S. by 2030.

FutureCar Staff 2020-12-25 17:15 PT

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 Walz2020-11-08 15:00 PT

Luxury Electric Automaker Lucid Motors Opens Up Reservations for its Air Sedan

Lucid Motors announced today that customers can now reserve a Lucid Air sedan with a $1,000 deposit. The fully-electric Air sedan is the first model from Lucid and is scheduled to enter production in late 2020. The Air will offer around 400 miles range and can hit 0-60 mph in under 2.5 seconds, producing over 1,000 horsepower from its electric powertrain.

FutureCar Staff 2020-01-25 14:45 PT

Saudi Arabia’s Public Investment Fund Hedges its Stake in Tesla

Saudi Arabia’s Public Investment Fund (PIF) has cut its exposure to electric carmaker Tesla Inc. The move is a sign that the PIF is concerned about Tesla’s long-term profitability.

Eric Walz2019-03-06 11:32 PT

Another Top Executive Departs Tesla, Joining Dozens of Others Who Left the Automaker in 2018

​Another key executive at electric automaker Tesla is stepping down, according to people with familiar with the matter. It’s another setback for Tesla’s CEO Elon Musk since tweeting on August 7 about taking the company private.

FutureCar Staff 2018-10-28 18:31 PT

Baidu Working on China’s Future Self-Driving Cars From Silicon Valley

Baidu, China's leading Internet search company, is set to announce the first vehicle manufacturing partners for its self-driving software in Beijing, the result of work that is happening 6,000 miles away in Silicon Valley, where other Chinese companies are busy developing and funding software and hardware to power internet-connected, autonomous vehicles.

Eric Walz2017-08-06 13:25 PT

Lucid displays its 217 mph Air Alpha Speed Car at the New York Auto Show

Lucid Motors displays two versions of its new Air sedan, incuding a 217 mph version, at the New York Auto Show

Eric Walz2017-05-28 17:05 PT