Posts in Tag

Lucid Motors is going public in a major SPAC merger – The Vergeclockmenumore-arrownoyesFollow The Verge on FacebookFollow The Verge on TwitterRSS feed (all stories on The Verge)Vox Media

Lucid Motors is going to become a publicly-traded company on the New York Stock Exchange in a deal that will leave the electric vehicle startup with $4.4 billion in cash. The California startup, which is majority-owned by Saudi Arabia’s sovereign wealth fund, plans to start shipping its first luxury electric vehicle — the 500-mile range Air sedan — later this year. An electric SUV is slated to follow in 2023. Much like many other startups in the automotive space have done over the past year, Lucid Motors is skipping the

Latest Stories

Search stories by typing keyword and hit enter to begin searching.