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EV Makers Launch Own Discounts Amid Delays in UK Government Incentive Scheme

Carmakers in the UK have initiated substantial price cuts on electric vehicles to leverage a surge in consumer interest, even as confusion persists over a newly announced government grant program that has yet to fully launch. This move highlights growing frustration among manufacturers with bureaucratic hurdles, prompting them to offer discounts matching or approaching the…

Lucid

Uber Partners with Lucid and Nuro to Launch Electric Robotaxis in 2026

Uber has re-entered the autonomous vehicle arena by investing $300 million in Lucid Motors, partnering with the EV maker and self-driving tech firm Nuro to build a fleet of robotaxis based on the Lucid Gravity electric SUV. 12 This move positions Uber to compete in the growing robotaxi market, with launches planned for a major…

Lucid Motors Smashes Delivery Records in Q3 2024, Faces Production Hurdles
Lucid

Lucid CEO Warns Trump’s Tariffs Will Increase EV Prices Despite US Manufacturing

Lucid Group Inc.‘s interim CEO Marc Winterhoff has cautioned that proposed tariffs under President Donald Trump will elevate automobile production costs, affecting even vehicles assembled in the United States. This development stems from the automotive industry’s reliance on a global supply chain, which requires importing essential raw materials and components. In a Bloomberg Television interview,

Morgan Stanley Downgrades Lucid, Rivian to Sell, Warns of 'EV Winter' Into 2026
Lucid

Lucid Motors Eyes Production Ramp-Up After Q2 Delivery Shortfall

Lucid Motors delivered fewer vehicles than expected in the second quarter of 2025, but analysts at Benchmark maintain a positive outlook on the company’s growth trajectory. This confidence stems from a recent meeting with Lucid’s CFO and strong production figures, signaling potential for scaled operations ahead. Q2 Production and Delivery Performance Lucid produced 3,863 vehicles…

Lucid

Lucid Air Grand Touring Sets New Guinness World Record for Longest Single-Charge EV Drive

The electric vehicle (EV) industry celebrates a milestone as the Lucid Air Grand Touring shatters the Guinness World Record for the longest drive on a single charge. Covering 749 miles (1,205 kilometers) from St. Moritz to Munich without recharging, this achievement highlights the impressive range and efficiency of modern EVs. Posted by Sawyer Merritt on…

F-150 Lightning

Trump’s “Big Beautiful Bill” Overhauls EV Incentives and ZEV Credits: Impacts for Owners and Industry

President Trump’s “Big Beautiful Bill,” slated for signing in the coming days, delivers a seismic shift to electric vehicle (EV) incentives, Zero-Emission Vehicle (ZEV) credit systems, and clean energy policies. This legislation, detailed by EV industry analyst Sawyer Merritt, reshapes the landscape for EV owners, automakers, and enthusiasts, balancing new opportunities with significant challenges

Lucid Motors Smashes Delivery Records in Q3 2024, Faces Production Hurdles
Lucid

Rivian, Lucid Poised to Gain as Trump Tax Bill Ends EV Credits

On July 3, 2025, shares of Rivian Automotive Inc. and Lucid Group Inc. surged by up to 4.6% and 8.8%, respectively, following a BNP Paribas analysis suggesting that the electric vehicle (EV) manufacturers could benefit from President Donald Trump’s tax bill, which eliminates the $7,500 EV tax credit after September 30, 2025. Bloomberg reports that…

Morgan Stanley Downgrades Lucid, Rivian to Sell, Warns of 'EV Winter' Into 2026
Lucid

Lucid’s Q2 2025 Deliveries Climb 38% but Fall Short of Expectations Amid EV Market Shifts

On July 2, 2025, Lucid Group, Inc. reported a 38% increase in second-quarter vehicle deliveries, reaching 3,309 electric vehicles (EVs), up from 2,394 in Q2 2024. However, the figures missed Wall Street’s expectations of 3,611 units, reflecting challenges in the luxury EV market as economic pressures push consumers toward cheaper hybrids and gas-powered cars, according…

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