The Lucid CEO said the company remains committed to expanding globally despite cutting headcounts.
American EV maker Lucid Group Inc (NASDAQ: LCID) has revealed plans to reduce headcounts, dismissing about 18% of its workforce. The company announced the job cut in an SEC filing on the 27th of March. According to HeadcountsLucidPartPlanPlansReduceRestructuring Read More
EV makers Lucid, Nikola, and Lordstown saw their stock decline mostly owing to disappointing failures regarding their production figures.
Three electric vehicle (EV) startups that went public via special purpose acquisition companies (SPAC) recently fell short of their projected 2022 goals. According to reports, EV companies Lucid Group Inc (NASDAQ: constraintsLordstownLucidMacroeconomicMotorsNikolaNumbersProductionSufferUnderwhelming Read More
Lucid Motors has recently announced an intent of the company to alter merge with a blank-check dedicated company Churchill Capital IV Corp in an agreement to trade and operate publicly.Formerly known as Atieva, Lucid Motors Inc is a famous auto firm specifically dedicated in producing electric cars. As per recent BlankcheckCompanyEVLucidMassiveMergerMotorsPublic Read More