Lucid Group secured a significant contract with ride-hailing app Bolt to supply at least 25,000 autonomous vehicles, boosting its shares by 6%. Despite this, Lucid's current delivery volume remains low, with only 3,953 units delivered in Q2 and a negative gross profit margin of -105%, indicating ongoing operational challenges. The company benefits from strategic partnerships with Bolt, Uber, and support from the Saudi Public Investment Fund, which provide essential liquidity and growth potential. The outlook remains high-risk but promising, contingent on Lucid scaling up deliveries and improving profitability.
Lucid Group's shares fell 2.10% to USD 4.19 on Pluang as of Sep 18, 2026 20:41 WIB, contrasting with the 6% rise noted in the news following the Bolt deal announcement. Despite the positive contract news, the stock's market cap remains modest at $1.69 billion, and most Pluang investors hold their positions for about 44 days. Buy orders dominate at 81%, indicating continued investor interest despite recent volatility.
Lucid Group's shares rose 9% following a deal with European ride-hailing platform Bolt to deploy at least 25,000 autonomous robotaxis across major European cities. The vehicles will use Lucid's midsize platform combined with Nvidia's Hyperion autonom...
Lucid's stock surged 10% after announcing a partnership with Bolt to deploy at least 25,000 autonomous vehicles across European cities. This deal positions Lucid as a potential supplier of autonomous platforms, not just a luxury EV maker, and lifts r...
Lucid Motors has partnered with European mobility platform Bolt to potentially deploy 25,000 fully autonomous robotaxis built on Lucid's upcoming mid-size electric vehicle platform. This move follows Lucid's restructuring and delays under new CEO Sil...
Lucid Group and Bolt have formed a strategic partnership to deploy at least 25,000 autonomous Lucid vehicles across major European cities, aiming to scale autonomous mobility services. The vehicles will be based on Lucid's upcoming Midsize platform a...
