Lucid Group, Inc. (NASDAQ:LCID), and Nikola Corporation (NASDAQ:NKLA) leaders outlined strategies to cut costs, expand ...
Rivian, Lucid and Nikola this week each detailed plans to reduce costs while attempting to grow operations and make their ...
Rivian plans to cut another 1% of its workforce as the automaker works ... This is the second round of layoffs from the EV startup this year. After releasing its fourth quarter and full-year ...
EV maker Rivian Automotive RIVN is reportedly cutting another 1% of its workforce, just days after ... positive by the end of the year.” The EV startup had 16,790 workers as of Dec. 31 ...
Lucid’s record deliveries come after cutting prices last year and shaving even more off in February. EV startup Rivian (RIVN) also beat expectations after delivering 13,588 vehicles in Q1.
The electric-vehicle startup ... Alpha. Lucid in February had cut prices of its flagship Air sedans by 1% to 10% to support demand at a time when consumers are rethinking EV purchases and turning ...
Lucid Group (NASDAQ: LCID) is among the several electric vehicle (EV) start-ups that have been compelled to cut prices of their cars and accept dwindling margins because of a global slowdown in ...
A year ago Lucid was in the midst of cost cutting measures, reducing prices for the Air sedan while also reducing its headcount. In fact, the luxury EV maker ... away from the start of Gravity ...
Lucid's deliveries remained resilient after the electric vehicle startup cut prices of its flagship Air ... more affordable hybrid alternatives. EV giant Tesla reported a quarterly decline in ...
The electric-vehicle startup ... Alpha. Lucid in February had cut prices of its flagship Air sedans by 1 per cent to 10 cent to support demand at a time when consumers are rethinking EV purchases ...