Lucid Group, Inc. Common Stock
LCIDLucid Group, Inc. is an American electric vehicle manufacturer known for its luxury electric cars with a focus on high performance, advanced technology, and long-range capabilities. Founded with the goal of transforming sustainable transportation, Lucid produces premium electric sedans aimed at competing with established luxury automobile brands. The company emphasizes innovative battery technology and cutting-edge design to deliver a premium driving experience.
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Rivian is positioned as a promising EV startup following Tesla's business model, with plans to launch a mass-market truck in 2026 and strong financial backing from investors like Amazon and Volkswagen.
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NVIDIA partners with Uber to develop a global level 4 autonomous vehicle network, leveraging DRIVE AGX Hyperion 10 platform and collaborating with automakers like Stellantis, Lucid, and Mercedes-Benz to accelerate autonomous driving technology.
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Lucid Group has recalled thousands of its Air luxury sedans due to software and coolant heater issues, while Fisker Inc has recalled all of its Ocean electric SUVs to address a water pump problem that could cause a loss of power.
