Lucid Group's all-electric SUV, the Lucid Gravity, has won the 2026 World Luxury Car of the Year award from the World Car Awards program, judged by over 100 global automotive journalists. This marks Lucid's second win in this category, following the Lucid Air sedan's 2023 award. The Gravity stands out by combining full-size SUV practicality with a midsize footprint, seating seven adults comfortably, and offering advanced features like all-wheel drive, adjustable air suspension, and ultra-fast charging with up to 450 miles of range. The vehicle will be showcased at the 2026 New York International Auto Show, where attendees can experience its performance firsthand. This award highlights Lucid's leadership in luxury electric vehicles and innovation in automotive design.
The stock market saw significant gains driven by corporate announcements and high trading volumes, particularly in battery technology, electric vehicles, and green energy sectors. Electrovaya surged 49.05% after announcing a commercial deal with Amaz...
RBC Capital lowered Lucid Group's price target from $8 to $7, citing high fuel prices that may shift U.S. consumers toward smaller, fuel-efficient vehicles instead of EVs. Despite macroeconomic uncertainties, U.S. vehicle demand stayed strong in earl...
Payments company Stripe and private equity firm Advent International jointly offered to acquire PayPal for $60.50 per share, valuing the company at over $53 billion, a 28% premium to its recent closing price. The offer, backed by about $50 billion in...
GraniteShares announced the delisting of its 2x Long LCID Daily ETF (LCDL) from NASDAQ after the fund's net asset value (NAV) turned negative following a complete liquidation of its Lucid Group Inc. (LCID) position at a loss. This negative NAV result...
Lucid, the luxury electric vehicle maker, saw its stock drop over 50% intraday amid reports it was considering bankruptcy, restructuring, or going private. The company quickly denied these rumors, calling them completely false, which helped the stock...
