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Aston Martin tech deal is just the beginning, says Lucid (LCID) CEO
June 28, 2023 9:06 AM EDTU.S. luxury electric vehicle firm, Lucid Group (NASDAQ: LCID) revealed Wednesday that the automaker will pursue more deals to sell its equipment as the company looks to expand its growing technology supply business, CEO Peter Rawlinson said on Wednesday, adding its recent deal with Aston Martin is just the start.
On Monday, Lucid made an announcement stating that they have entered into an agreement to supply Aston Martin with advanced technology. This includes a rear drive... More
Lucid (LCID) gains as Saudi fund boosts investment
June 27, 2023 9:21 AM EDTShares of Lucid Group (NASDAQ: LCID) climbed as high as 7.6% in pre-market trading Tuesday morning after the luxury electric automaker revealed that Saudi Arabias sovereign wealth fund, The Public Investment Fund (PIF), acquired approximately 265.7 million shares of the EV manufacturer through a private... More
