Lucid Motors Completes Arizona Factory

Lucid Motors building

Phase one of four for Lucid’s manufacturing plant. We all know that 2020 will go down as the year when everything changed. Most notably, a pandemic raged across the world, taking lives and shutting down economies. Many of the best-laid plans of individuals and businesses came to a screeching halt … Read more

Saudi Backing Bolsters EV-Maker Lucid Motors

Lucid Motors building

EV-Maker Lucid Motors boasts a powerful backer in the form of Saudi Arabia. The Middle Eastern country holds a 61-percent stake in Lucid through the kingdom’s Public Investment Fund (PIF). As such, that government has a vested interest in Lucid, something it recently deepened by ordering 50,000 Lucid Air Sedans … Read more

Lucid Raising Prices by Up to $15,000

Lucid Motors dealer

Electric vehicle manufacturer Lucid Motors is raising prices across the board, effective June 1, 2022. The increases are as much as $15,000 or approximately the cost of a base Mitsubishi Mirage. The changes follow Thursday’s earnings reports that show significant losses for the first quarter of 2022. Rising Materials Costs … Read more