Lucid Motors

Ford Names Lawler Vice Chair With Expanded Ford+ Role; House Joins as Finance VP, to Transition Into CFO Role

Retrieved on: 
金曜日, 5月 10, 2024

John Lawler, Ford’s CFO since October 2020, will initially continue in that role while also becoming vice chair, a position in which he will lead the company in areas critical to its long-term success.

Key Points: 
  • John Lawler, Ford’s CFO since October 2020, will initially continue in that role while also becoming vice chair, a position in which he will lead the company in areas critical to its long-term success.
  • Additionally, Sherry House, who most recently was CFO at electric vehicle maker Lucid Motors, is joining Ford as vice president, Finance, part of a plan to succeed Lawler as CFO in early 2025.
  • In the meantime, she will oversee financial planning and analysis as well as the finance organizations for the company’s automotive businesses: Ford Blue, Ford Pro and Ford Model e.
    Both assignments are effective in early June.
  • “I’m delighted to join such an iconic company at this exciting and important time for Ford and the industry,” House said.

IperionX Partners With United Stars for U.S. Sourced Titanium Manufacturing

Retrieved on: 
月曜日, 4月 15, 2024

IperionX Limited (NASDAQ: IPX, ASX: IPX) has signed a framework agreement with United Stars Holdings, Inc. (United Stars) with terms that will underpin a definitive commercial supply agreement for IperionX’s titanium products.

Key Points: 
  • IperionX Limited (NASDAQ: IPX, ASX: IPX) has signed a framework agreement with United Stars Holdings, Inc. (United Stars) with terms that will underpin a definitive commercial supply agreement for IperionX’s titanium products.
  • United Stars expects to purchase up to 80 metric tons annually of IperionX’s high-performance, low cost and sustainable titanium products over a 10-year supply term.
  • An expanded list of United Stars customers can be found in the “About United Stars” section at the end of this announcement.
  • The Framework Agreement is effective from April 12, 2024 until the execution of the definitive titanium supply agreement, and can be cancelled by IperionX or United Stars with 60 days written notice.

The 2024 Lucid Air Grand Touring: The Longest-Range EV Gets Even Better

Retrieved on: 
水曜日, 4月 17, 2024

The 2024 Lucid Air Grand Touring features:

Key Points: 
  • The 2024 Lucid Air Grand Touring features:
    Range to Spare, Even in Cold Air: EPA electric range test procedures recently became more challenging, but the 2024 Air Grand Touring still delivers, with an EPA-estimated range of 516 milesii – the longest range of any EV in the U.S. market today.
  • The comprehensive 2024 Lucid Air model range consists of:
    The 2024 Lucid Air Pure, the starting point for the Air line, extraordinary value starting at $69,900.iii The unsurpassed leader in sustainability, Air Pure drives farther using less energy than any vehicle on the market today as measured by miles/kWh.
  • The 2024 Lucid Air Touring, the heart of the Lucid Air line with the perfect balance of range, performance, and space for people and cargo.
  • Air Grand Touring offers 819 horsepower and is priced from $109,900.iii
    The 2024 Lucid Air Sapphire is Lucid's acclaimed supersports sedan.

IDTechEx Summarizes Power Electronics Thermal Materials Trends

Retrieved on: 
火曜日, 4月 16, 2024

Addressing this challenge, IDTechEx has noted various emerging thermal management strategies, ranging from altering thermal architecture to utilizing different die-attach materials and thermal interface materials (TIM).

Key Points: 
  • Addressing this challenge, IDTechEx has noted various emerging thermal management strategies, ranging from altering thermal architecture to utilizing different die-attach materials and thermal interface materials (TIM).
  • IDTechEx's latest research, "Thermal Management for EV Power Electronics 2024-2034: Forecasts, Technologies, Markets, and Trends", provides a comprehensive overview of properties such as TC, density, etc., of TIMs used in EV power electronics.
  • Advanced Thermal Management in EV Power Electronics: Thermal Materials and Thermal Architecture Trends
    Yulin Wang, Senior Technology Analyst at IDTechEx and author of this article, will be presenting a free-to-attend webinar on the topic on Wednesday 8 May 2024 - Advanced Thermal Management in EV Power Electronics: Thermal Materials and Thermal Architecture Trends .
  • In this webinar, IDTechEx will conduct an analysis of the traditional thermal structure of power modules and identify the trends and changes in thermal structure and materials employed.

IDTechEx Summarizes Power Electronics Thermal Materials Trends

Retrieved on: 
火曜日, 4月 16, 2024

Addressing this challenge, IDTechEx has noted various emerging thermal management strategies, ranging from altering thermal architecture to utilizing different die-attach materials and thermal interface materials (TIM).

Key Points: 
  • Addressing this challenge, IDTechEx has noted various emerging thermal management strategies, ranging from altering thermal architecture to utilizing different die-attach materials and thermal interface materials (TIM).
  • IDTechEx's latest research, "Thermal Management for EV Power Electronics 2024-2034: Forecasts, Technologies, Markets, and Trends", provides a comprehensive overview of properties such as TC, density, etc., of TIMs used in EV power electronics.
  • Advanced Thermal Management in EV Power Electronics: Thermal Materials and Thermal Architecture Trends
    Yulin Wang, Senior Technology Analyst at IDTechEx and author of this article, will be presenting a free-to-attend webinar on the topic on Wednesday 8 May 2024 - Advanced Thermal Management in EV Power Electronics: Thermal Materials and Thermal Architecture Trends .
  • In this webinar, IDTechEx will conduct an analysis of the traditional thermal structure of power modules and identify the trends and changes in thermal structure and materials employed.

Lucid Announces Q1 Production & Deliveries, Sets Date for First Quarter 2024 Results

Retrieved on: 
火曜日, 4月 9, 2024

NEWARK, Calif., April 9, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), setting new standards for luxury electric experience with the Lucid Air, America's most awarded new luxury vehicle1, today announced production and delivery totals for the quarter ended March 31, 2024.

Key Points: 
  • NEWARK, Calif., April 9, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), setting new standards for luxury electric experience with the Lucid Air, America's most awarded new luxury vehicle1, today announced production and delivery totals for the quarter ended March 31, 2024.
  • Lucid produced 1,728 vehicles and delivered 1,967 vehicles during this period.
  • *
    Lucid will host a conference call to discuss its first quarter 2024 financial results on Monday, May 6, 2024, at 2:30 pm PT / 5:30 pm ET.
  • Starting on April 22, 2024, at 2:30 pm PT / 5:30 pm ET, shareholders can submit questions by visiting: https://app.saytechnologies.com/lucid-group-2024-q1/ .

Richard Petretti joins Schimenti as Director of Estimating to Lead Firmwide Cost & Estimating Strategies

Retrieved on: 
木曜日, 4月 4, 2024

NEW YORK, April 4, 2024 /PRNewswire/ -- Richard Petretti, a recognized estimating and cost analysis leader in the construction industry, has joined Schimenti as Director of Estimating.

Key Points: 
  • NEW YORK, April 4, 2024 /PRNewswire/ -- Richard Petretti, a recognized estimating and cost analysis leader in the construction industry, has joined Schimenti as Director of Estimating.
  • Richard Petretti joins Schimenti Construction as Director of Estimating to lead firmwide cost & estimating strategies.
  • I will focus on enhancing preconstruction and cost management strategies, aligning with the company's commitment to growth and excellence.
  • I'm committed to leading the estimating department's success, ensuring we consistently deliver outstanding value to our clients."

IDTechEx Release New Global Thermal Management for EV Power Electronics Market Report

Retrieved on: 
木曜日, 4月 4, 2024

BOSTON, April 4, 2024 /PRNewswire/ -- IDTechEx Research, a trusted provider of independent market intelligence, announces the availability of a new report, " Thermal Management for EV Power Electronics 2024-2034: Forecasts, Technologies, Markets, and Trends ".

Key Points: 
  • BOSTON, April 4, 2024 /PRNewswire/ -- IDTechEx Research, a trusted provider of independent market intelligence, announces the availability of a new report, " Thermal Management for EV Power Electronics 2024-2034: Forecasts, Technologies, Markets, and Trends ".
  • The report forecasts that the combined market size of die-attach materials, substrate-attach materials, and TIM2 for EV power electronics will reach approximately US$900 million by 2034, presenting significant market opportunities.
  • As thermal power continues to rise, it is expected that more advanced thermal management strategies will be adopted, thereby accelerating market growth at a double-digit Compound Annual Growth Rate (CAGR) from 2024 to 2034.
  • Thermal Management for EV Power Electronics 2024-2034: Forecasts, Technologies, Markets, and Trends " provides critical market intelligence about the area, volume, weight, and market value of die-attached solders, substrates, and TIM2s for electric vehicle power electronics, in particular, Si IGBT, SiC MOSFET, and GaN.

IDTechEx Release New Global Thermal Management for EV Power Electronics Market Report

Retrieved on: 
木曜日, 4月 4, 2024

BOSTON, April 4, 2024 /PRNewswire/ -- IDTechEx Research, a trusted provider of independent market intelligence, announces the availability of a new report, " Thermal Management for EV Power Electronics 2024-2034: Forecasts, Technologies, Markets, and Trends ".

Key Points: 
  • BOSTON, April 4, 2024 /PRNewswire/ -- IDTechEx Research, a trusted provider of independent market intelligence, announces the availability of a new report, " Thermal Management for EV Power Electronics 2024-2034: Forecasts, Technologies, Markets, and Trends ".
  • The report forecasts that the combined market size of die-attach materials, substrate-attach materials, and TIM2 for EV power electronics will reach approximately US$900 million by 2034, presenting significant market opportunities.
  • As thermal power continues to rise, it is expected that more advanced thermal management strategies will be adopted, thereby accelerating market growth at a double-digit Compound Annual Growth Rate (CAGR) from 2024 to 2034.
  • Thermal Management for EV Power Electronics 2024-2034: Forecasts, Technologies, Markets, and Trends " provides critical market intelligence about the area, volume, weight, and market value of die-attached solders, substrates, and TIM2s for electric vehicle power electronics, in particular, Si IGBT, SiC MOSFET, and GaN.

Lucid Group, Inc. Announces Investment of $1.0 Billion by an Affiliate of PIF

Retrieved on: 
月曜日, 3月 25, 2024

NEWARK, Calif., March 25, 2024 /PRNewswire/ -- Lucid Group, Inc. (Nasdaq: LCID; "Lucid") announced today that it has entered into an agreement with its majority stockholder, Ayar Third Investment Company ("Ayar"), an affiliate of the Public Investment Fund ("PIF"), to purchase $1.0 billion of newly created series of convertible preferred stock via private placement, subject to customary closing conditions.

Key Points: 
  • NEWARK, Calif., March 25, 2024 /PRNewswire/ -- Lucid Group, Inc. (Nasdaq: LCID; "Lucid") announced today that it has entered into an agreement with its majority stockholder, Ayar Third Investment Company ("Ayar"), an affiliate of the Public Investment Fund ("PIF"), to purchase $1.0 billion of newly created series of convertible preferred stock via private placement, subject to customary closing conditions.
  • "We are extremely pleased to receive this strong, continued support from the PIF, as we work to solidify our place as the world's leading EV technology company," said Peter Rawlinson, CEO and CTO, Lucid Group.
  • "We continue to invest for the long term in both our technology and our vertically integrated manufacturing capabilities, with PIF's support a key differentiator.
  • Lucid intends to use the net proceeds from the private placement for general corporate purposes, which may include, among other things, capital expenditures and working capital.