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The Cadillac Celestiq, the brand’s halo EV set to debut during Monterey Car Week in August, will reportedly start around $300,000, pushing it well above the top variants from other luxury EVs, including the Lucid Air Dream Edition, Porsche Taycan Turbo S and Tesla Model X Plaid. While Cadillac woul…

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Want an EV? You may have to wait

Surging demand for this year’s most hotly anticipated EVs is smashing order books and lengthening waitlists. The $60,000 Cadillac Lyriq SUV is the latest model to close its 2023 order book. The automaker said it has shifted the Lyriq’s waitlist to the 2024 model, which is still open for orders. But…

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Lucid partners with Bank of America to launch Lucid Financial Services

Lucid Group, which makes long-range, fast-charging luxury EVs, said on Tuesday it is joining with Bank of America to provide customer financing as one way to stand out in the crowded segment.

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Lucid launches a faster, more expensive version of its flagship EV

Lucid Motors announced Tuesday a high-performance companion to its long-awaited Lucid Air luxury sedan: a 1,050-horsepower grand tourer with a 446-mile range. The $179,000 Lucid Air Grand Touring Performance Model will arrive in June, following customer deliveries of the automaker’s long-awaited fl…

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Lucid rolls back production goals even as demand for luxury EV rises

The company now expects to build 12,000 to 14,000 cars this year, down from a prior goal of 20,000

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First drive of the Lucid Air reveals power and panache

While cruising along Interstate 8 in the Lucid Air, it didn’t take long for the conversation to turn to spider graphs. Spider graphs offer a quick glimpse of how various factors like power, performance, weight and aerodynamics interact with one another. For the engineer sitting in the passeng…

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Lucid Air snags the longest range EV title, surpassing Tesla

Lucid Group, the all-electric automaker slated to go public this year, said Thursday that one variant of its upcoming luxury Air sedan has an EPA range of more than 520 miles. The official rating of the Lucid Air Dream Edition Range variant pushes Lucid past Tesla, a company that has long dominated…

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Lucid Motors reveals all the tech inside its all-electric Air sedan

Eight months after Lucid Motors showed off the final version of its all-electric Air sedan, the company has finally revealed the in-cabin tech — from the curved 34-inch display and second touchscreen to the underlying software, integrated apps and Amazon Alexa voice assistant — that drivers and pas…

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Lucid Motors taps Waymo, Intel veterans ahead of public listing

Lucid Motors is beefing up its executive and technical leadership team, hiring people from Waymo, Intel and Xperi as it prepares to become a publicly listed company. The automaker said Wednesday that Sherry House, who formerly worked at Waymo, will be its new chief financial officer. House was at W…

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Without a clear ask, your pitch deck is useless

Having a great "ask" slide can reassure investors: It shows a founder wants to raise an amount of money that unlocks the next stage of growth and knows what milestones they need to hit to get there.

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Equity crowdfunding appears immune to market volatility, on track for its best year yet

With the fundraising climate now showing cloudy skies, equity crowdfunding is getting ready for a field day.

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