Lucid (LCID) begins Air sedan deliveries in Saudi Arabia

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California DMV conditionally approves Mercedes-Benz's automated driving tech - Reuters

June 8, 2023 1:55 PM EDT

California DMV conditionally approves Mercedes-Benz's automated driving tech - Reuters

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China launches nationwide car purchasing initiative following May sales report

June 8, 2023 9:50 AM EDT

In a significant effort to bolster demand in the world's largest automobile market, China unveiled Thursday a comprehensive nationwide initiative aimed at promoting car purchases, signaling a strong commitment to supporting the automotive industry.

The announcement from the Ministry of Commerce follows the release of data indicating a 7.3%... More

Lucid (LCID) to bring their luxury EVs to China

June 8, 2023 8:44 AM EDT

On Thursday, Zhu Jiang, the head of Lucid Group's operations in China, announced that the U.S. luxury electric vehicle (EV) manufacturer, Lucid Group (NASDAQ: LCID), is preparing to enter the global automotive industry's biggest market.

The US EV startup currently sells its Air luxury sedans in the United States,... More

GameStop, Meta Platforms fall premarket; Designer Brands, Lucid rise

June 8, 2023 8:21 AM EDT

Investing.com -- Stocks in focus in premarket trade on Thursday, June 8th. Please refresh for updates.

GameStop (NYSE: GME) stock fell 21% after the troubled video game retailer announced that it had "terminated" chief executive officer Matt Furlong and... More

US luxury EV maker Lucid set to enter China market

June 8, 2023 12:01 AM EDT

SHANGHAI (Reuters) - U.S. luxury electric vehicle (EV) maker Lucid Group is preparing to enter the world's largest auto market, its head of China operations Zhu Jiang said on Thursday.

Lucid will sell imported cars in China while also considering local production in the country, according to a person familiar with the matter who was not authorised to speak with media.

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