LCID News & Events

At Lucid's (LCID) investor day in New York, the company says it "outlined key technical and strategic elements of its upcoming Midsize platform and revealed its next-generation Atlas electric drive unit." Lucid also introduced Lunar, a purpose built two-seat robotaxi concept based on the Midsize platform, that it says is "designed to maximize efficiency, utilization, and lifetime operating economics." While still in the concept phase, Lunar "highlights the potential of the company's Midsize platform to support future autonomous and commercial applications," Lucid stated. In addition, Lucid notes it highlighted advanced discussions with Uber (UBER) to finalize an agreement to deploy Lucid Midsize platform vehicles at a scale similar to the Gravity robotaxi program, with intention to increase over time. "We view Lucid as a key strategic partner as we continue to rapidly deploy autonomous vehicles around the world. Lucid's unmatched efficiency, autonomy-ready vehicle architectures, and customer-centric approach give us confidence in our ability to deliver autonomous mobility together at global scale," said Dara Khosrowshahi, CEO at Uber.

At Lucid's investor day in New York, the company says it "outlined key technical and strategic elements of its upcoming Midsize platform and revealed its next-generation Atlas electric drive unit." Lucid also previewed planned software and technology updates, including an in-vehicle AI assistant and its autonomy roadmap, and "reinforced its strategy to monetize software and services as it scales," the company stated in a press release. The company added: "Lucid's new Midsize platform has been engineered from the ground up to deliver segment-leading vehicles at a more accessible price point, starting below $50,000, while continuing the range, efficiency, performance, and driving pleasure that define the Lucid brand. Lucid Cosmos is an SUV designed for customers seeking exceptional efficiency, space, and performance. Lucid Earth is an SUV that extends the company's signature driving dynamics and efficiency into a product to appeal to those with an even more adventurous spirit. Lucid will share additional details on a third Midsize consumer model later."

Lucid Group (LCID) announced it will start rolling out Apple (AAPL) CarPlay and Android Auto via an Over the Air software update to Lucid Gravity owners in North America beginning March 12th. The update, contained in the latest version of Lucid UX 3.5, is scheduled to be deployed to Gravity customers in the Middle East and Europe in late March.