Lucid Air

Lucid Appoints Steven David as Senior Vice President of Operations

Retrieved on: 
Wednesday, August 3, 2022

NEWARK, Calif., Aug. 3, 2022 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market with the award-winning Lucid Air, today announced the appointment of Steven David as Senior Vice President of Operations, reporting directly to Peter Rawlinson, Lucid's CEO and CTO. In this newly created role, Steven will lead operations encompassing supply chain, logistics, manufacturing, and quality. Mr. David brings decades of global experience and operational excellence from companies such as Stellantis and Chrysler, as he joins Lucid to build more efficient and scalable systems enabling the company to ramp production of its award-winning vehicles and expand its business worldwide.

Key Points: 
  • In this newly created role, Steven will lead operations encompassing supply chain, logistics, manufacturing, and quality.
  • "I am delighted to announce that Steven David has joined Lucid as Senior Vice President of Operations," said Peter Rawlinson, Lucid's CEO and CTO.
  • Mr. David will lead operations, including oversight for the expansion of AMP1, as well as future global operations locations.
  • The following leaders will report directly to Mr. David: Peter Hasenkamp, Vice President of Supply Chain; Peter Hochholdinger, Vice President of Manufacturing; Walter Ludwig, Vice President of Global Logistics; and Nic Minbiole, Vice President of Global Quality.

Lucid Announces Key Leadership to Bolster Operations and Logistics Experience Ahead of Global Expansion

Retrieved on: 
Thursday, July 21, 2022

NEWARK, Calif., July 21, 2022 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market with the award-winning Lucid Air, today announced the appointments of Evelyn Chiang, VP of Process Transformation, and Walter Ludwig, VP of Global Logistics. Together, they bring a wealth of global expertise and decades of operational excellence from companies such as Mercedes, Tesla, and SAP, as Lucid prepares to expand its business worldwide.

Key Points: 
  • "I'm delighted to have Evelyn and Walter join the Lucid leadership team," said Peter Rawlinson, Lucid's CEO and CTO.
  • "Together, they bring decades of global expertise and operational excellence to the company."
  • Ms. Chiang brings over 30 years of experience in a variety of industries transforming businesses, managing mass-scale programs, developing global supply chains, and deploying enterprise-wide automation solutions.
  • She has held executive leadership roles at SAP, Tesla, and other global technology companies and was most recently COO at Siteimprove.

Lucid Motors Releases New Episode of Tech Talks Video Series, Revealing the Innovative Tech Powering Lucid Air's Ultra-Fast, Ultra-Flexible "Wunderbox" EV Charging System

Retrieved on: 
Tuesday, July 12, 2022

The episode is hosted by Eric Bach, Lucid's Senior Vice President of Product and Chief Engineer.

Key Points: 
  • The episode is hosted by Eric Bach, Lucid's Senior Vice President of Product and Chief Engineer.
  • They'll also learn about the bi-direction charging features coming soon to Lucid Air, which are enabled by the Wunderbox system, and how they are potential game-changers for renewable energy.
  • The "Wunderbox" episode released today is the third installment in the 10-episode Tech Talks series.
  • New episodes will be published regularly to the Lucid Motors YouTube channel on an ongoing basis.

Lucid Motors Opens First Retail Location in the Pacific Northwest at University Village in Seattle

Retrieved on: 
Friday, June 24, 2022

NEWARK, Calif., June 24, 2022 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest range, fastest charging electric car on the market, today announced the official opening of its first retail location in the Pacific Northwest at University Village in Seattle, WA. This Lucid Studio opening marks 28 Studio and service center locations open in North America. Lucid Studio University Village will be open to the public starting on Saturday, June 25.

Key Points: 
  • Lucid Studio University Village will be open to the public starting on Saturday, June 25.
  • "We have a growing number of Lucid Air owners in the market, and the new Lucid Studio in University Village will provide the perfect opportunity for EV enthusiasts to engage with and learn about the groundbreaking Lucid Air."
  • Lucid Studio University Village will join the Lucid service center at 3412 Airport Way S, Seattle, providing comprehensive support for Lucid owners in the area.
  • In addition, Lucid Studios augment the physical experience of seeing and touching a Lucid Air with an elevated digital experience.

Lucid Motors Opens First Retail Studio in the State of Colorado, the Denver Studio at Cherry Creek Shopping Center

Retrieved on: 
Friday, June 17, 2022

NEWARK, Calif., June 17, 2022 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest range, fastest charging electric car on the market, today announced the official opening of its first Studio location in Denver, CO at the Cherry Creek Shopping Center. This Studio opening marks 27 Studio and service center locations open in North America. The Lucid Studio in Cherry Creek will be open to the public starting on Saturday, June 18.

Key Points: 
  • The Lucid Studio in Cherry Creek will be open to the public starting on Saturday, June 18.
  • "The new Lucid Studio in Cherry Creek will provide excellent exposure to the Lucid Air in an area quickly growing in electric vehicle sales."
  • Visitors who explore a Lucid Studio will get a vision of how the company draws inspiration from the beauty, innovation, and diversity of its home state of California.
  • In addition, Lucid Studios augment the physical experience of seeing and touching a Lucid Air with an elevated digital experience.

Lucid Unveils Lucid Financial Services with Bank of America

Retrieved on: 
Tuesday, June 7, 2022

NEWARK, Calif., June 7, 2022 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today unveiled Lucid Financial Services, an all-new digital platform offering a flexible, fast and easy financing process, including lease1 and loan2 purchase options to Lucid Air customers. The program is accessible to U.S. customers now taking deliveries of Lucid Air Grand Touring models and will also be available to customers taking delivery of Touring and Pure models later this year. Lucid Financial Services is offered to Lucid Air customers as part of a seamless online experience through a strategic relationship with Bank of America. 

Key Points: 
  • Lucid Financial Services is offered to Lucid Air customers as part of a seamless online experience through a strategic relationship with Bank of America.
  • The service mark "LUCID FINANCIAL SERVICES", and the trademarked LUCID stylized logo and AIR stylized logo are owned by Lucid and are licensed to Bank of America, N.A.
  • Bank of America and the Bank of America logo are registered trademarks of Bank of America Corporation.
  • Lease and loan servicing is conducted by Bank of America or its subcontractors under the Lucid Financial Services name.

LCID CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against Lucid Group, Inc.

Retrieved on: 
Wednesday, June 1, 2022

Glancy Prongay & Murray LLP (GPM), announces that it has filed a class action lawsuit in the United States District Court for the Northern District of California captioned Goel v. Lucid Group, Inc., et al., Case No.

Key Points: 
  • Glancy Prongay & Murray LLP (GPM), announces that it has filed a class action lawsuit in the United States District Court for the Northern District of California captioned Goel v. Lucid Group, Inc., et al., Case No.
  • Plaintiff pursues claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the Exchange Act).
  • Lucid investors have until May 31, 2022 to file a lead plaintiff motion.
  • Throughout the Class Period, Defendants repeatedly assured investors that Lucids production capacity was rapidly increasing and that Lucid would reach its production targets.

Megatrends: LCID, NEXCF, OGGFF, WRBY; Visionary CEOs Advancing Next Wave of Billion Dollar Market Opportunities in Web3.0, Electric Vehicles, and Next Gen Retail

Retrieved on: 
Thursday, May 26, 2022

Todays emerging technologies and lifestyle megatrends are creating billion dollar opportunities for disruptive innovation in how we live, work and play.

Key Points: 
  • Todays emerging technologies and lifestyle megatrends are creating billion dollar opportunities for disruptive innovation in how we live, work and play.
  • This AR shopping experience bridges the gap between the physical world, and what was once a flat 2D online e-commerce experience.
  • Most importantly, over 72% of e-commerce is now done by mobile phone - a native platform for Augemented Reality apps like NEXCF.
  • Global blue chip brands utilizing NexTech AR, include: Ford Mach EV, Kohls, CB2, Crate & Barrel, Pier 1, and Segway.

Lucid Advances Global Sustainability Vision, Announcing New Details for First Overseas Manufacturing Facility with Partners in Saudi Arabia

Retrieved on: 
Wednesday, May 18, 2022

"I am truly delighted to partner with PIF, our signing partners, and the Government of Saudi Arabia in advancing our shared vision of global sustainability."

Key Points: 
  • "I am truly delighted to partner with PIF, our signing partners, and the Government of Saudi Arabia in advancing our shared vision of global sustainability."
  • He added: "We look forward to working with Lucid and other leading companies, while continuing to build our global expertise."
  • This is a great opportunity for Lucid and for Saudi Arabia and captures the spirit of Vision 2030.
  • Vehicles will be initially slated for the Saudi Arabian market, but Lucid plans to export finished vehicles to other global markets.

Lucid Advances Global Sustainability Vision, Announcing New Details for First Overseas Manufacturing Facility with Partners in Saudi Arabia

Retrieved on: 
Wednesday, May 18, 2022

"I am truly delighted to partner with PIF, our signing partners, and the Government of Saudi Arabia in advancing our shared vision of global sustainability."

Key Points: 
  • "I am truly delighted to partner with PIF, our signing partners, and the Government of Saudi Arabia in advancing our shared vision of global sustainability."
  • He added: "We look forward to working with Lucid and other leading companies, while continuing to build our global expertise."
  • This is a great opportunity for Lucid and for Saudi Arabia and captures the spirit of Vision 2030.
  • Vehicles will be initially slated for the Saudi Arabian market, but Lucid plans to export finished vehicles to other global markets.