March 28 (Reuters) - Electric-vehicle maker Lucid Group Inc said on Tuesday it would lay off about 18% of its workforce, or around 1,300 employees, to cut costs ... of cheaper EV models from ...
Lucid Group, the US-based luxury EV start-up, is set to enter the Chinese car market ... Earlier this year, Lucid axed around a fifth of its US workforce to cut costs as volume plans have fallen short ...
It cut about 900 employees in February, or about 6% of its workforce. It's also working ... of the most attractive among the universe of start-up EV automakers because it has class leading ...
The Swedish EV maker said its net loss narrowed dramatically compared with a year ago. Polestar also said it will cut about 10% of its workforce ... Polestar 3 will now start in the first quarter ...
Earlier this week, Fisker and Lucid cut their production outlooks for the ... months serve as a reminder that the story of any EV startup, with Tesla Inc. TSLA, +4.72% being the “only confirmed ...
Startup electric car brands fronted by flashy ... The company burned though one CEO, cut its workforce here in the US, and—as we discovered on a recent test drive in Encinitas, California ...
SAN FRANCISCO, Feb 1 (Reuters) - Rivian Automotive is laying off 6% of its workforce in ... are expected to hurt EV upstarts such as Rivian, Lucid Group and British startup Arrival, which Monday ...
The Model Y from Tesla retails for at least $54,990 after recent price cuts, Rivian's R1S SUV is priced around $78,000 and Lucid sells its Air Pure sedans for about $87,400.
(Reuters) -Electric-vehicle maker Lucid Group Inc said on Tuesday it would lay off about 18% of its workforce, or around 1,300 employees, to cut costs as ... of cheaper EV models from traditional ...
