Ayar Third Investment Co., a subsidiary of the Public Investment Fund (PIF), intends to buy new shares from US automaker ...

Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital." ...

Good morning! It’s Friday, October 18, 2024, and this is The Morning Shift, your daily roundup of the top automotive ...

Lucid Group announced that it priced its underwritten public offering of 262,446,931 shares of its common stock. The public ...

Electric vehicle manufacturer Lucid Motors has said it plans to raise about USD 1.67 billion through a combination of a ...

Cash-strapped electric luxury sedan maker Lucid (LCID.O) said on Thursday a combined public offering and private placement of ...