Lucid's deliveries remained resilient after the electric vehicle startup cut prices of its flagship Air sedans by 1% to 10% in February. However, demand for EVs overall has been slowing in the U.S. owing to high interest rates and relatively elevated ownership costs, compelling buyers to turn towards more affordable hybrid alternatives. EV giant Tesla reported a quarterly decline in deliveries for the first time in nearly four years earlier this month and missed Wall Street estimates.
Luxury EV maker Lucid scores order from Saudi government for up to 100,000 vehicles : Rashtra News #Luxury #maker #Lucid #scores #order #Saudi #government #vehicles With 1,050 horsepower, the new Grand Touring Performance edition becomes the most powerful version of Lucid's electric Air sedan.Lucid MotorsLucid Group said that the government of Saudi Arabia has agreed to