Lucid

Infiniti Dealers Ranked Highest in Auto Industry Study Measuring Responsiveness to Website Customers

Retrieved on: 
Monday, March 4, 2024

Infiniti dealerships were ranked highest according to the 2024 Pied Piper PSI® Internet Lead Effectiveness® (ILE®) Study, which measured responsiveness to customer internet leads coming though dealership websites.

Key Points: 
  • Infiniti dealerships were ranked highest according to the 2024 Pied Piper PSI® Internet Lead Effectiveness® (ILE®) Study, which measured responsiveness to customer internet leads coming though dealership websites.
  • Pied Piper then evaluated how the dealerships responded by email, telephone, and text message over the next 24 hours.
  • In this year’s study, 34% of automotive dealerships scored above 80 (providing a quick and thorough personal response), while 21% scored below 40 (failing to personally respond to their website customers).
  • Brands with the greatest improvement were Dodge, Genesis, Honda, Kia, and Infiniti, all of whom improved their scores more than six points since last year’s study.

Faraday Future Announces Updated Master Plan 1.1 to Strategically Position Itself for Growth in 2024

Retrieved on: 
Monday, February 26, 2024

Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today released an open letter from Matthias Aydt, Global CEO of FF, to share an updated master plan 1.1 for the growth of Faraday Future in 2024.

Key Points: 
  • Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today released an open letter from Matthias Aydt, Global CEO of FF, to share an updated master plan 1.1 for the growth of Faraday Future in 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240225201526/en/
    Faraday Future Announces Updated Master Plan 1.1 to Strategically Position Itself for Growth in 2024.
  • 10,000 capacity - future potential annual production capacity at FF's self-operated manufacturing facility in Hanford, California with $200+ million invested.
  • Phase Two of the Company's Three-Phase Delivery Plan for the Company’s FF 91 2.0 Futurist Alliance launched in the third quarter 2023.

Take 5 Car Wash announces appointment of Tim Austin as President

Retrieved on: 
Tuesday, February 27, 2024

CHARLOTTE, N.C., Feb. 27, 2024 /PRNewswire-PRWeb/ -- Tim Austin joins Take 5 Car Wash as President from the retail hearing healthcare company, Lucid Hearing, where he served as President and COO, helping grow the company to over 500 worldwide locations, operating in 5 countries.

Key Points: 
  • Tim Austin joins Driven Brands as President of Take 5 Car Wash.
    CHARLOTTE, N.C., Feb. 27, 2024 /PRNewswire-PRWeb/ -- Tim Austin joins Take 5 Car Wash as President from the retail hearing healthcare company, Lucid Hearing, where he served as President and COO, helping grow the company to over 500 worldwide locations, operating in 5 countries.
  • "His track record of delivering results by focusing on people, execution, and growth will help position Take 5 Car Wash for future success."
  • "I'm excited to join the Driven Brands team and help realize the full potential of the Take 5 Car Wash business," said Austin.
  • Driven Brands first entered the car wash business in 2020 and operates more than 1,100 locations in the U.S., Europe, UK, and Australia.

Lucid drives ahead: In Geneva, the American manufacturer presents new electric cars and expansion plans for Europe

Retrieved on: 
Monday, February 26, 2024

What unites all Lucid cars is a proprietary technology that allows the automotive technology of tomorrow to be experienced today.

Key Points: 
  • What unites all Lucid cars is a proprietary technology that allows the automotive technology of tomorrow to be experienced today.
  • Based in prime locations, the studios deliver an immersive and informative experience around the brand and the flagship model Lucid Air.
  • In addition, the brand plans to significantly expand the European Lucid service network, both with permanent locations and mobile solutions.
  • Lucid is expanding the opportunity for European electric vehicle enthusiasts and potential buyers to experience the Air up close.

2024 CHICAGO AUTO SHOW CONTINUED STRONG PRESENCE FOR 116TH EDITION

Retrieved on: 
Thursday, February 22, 2024

CHICAGO, Feb. 22, 2024 /PRNewswire/ -- The 2024 Chicago Auto Show came to a successful close on Monday, Feb. 19, after a 10-day run at McCormick Place.

Key Points: 
  • CHICAGO, Feb. 22, 2024 /PRNewswire/ -- The 2024 Chicago Auto Show came to a successful close on Monday, Feb. 19, after a 10-day run at McCormick Place.
  • The 116th edition of the show welcomed nearly 260,000 guests to experience the latest cars, trucks and SUVs, automotive technology and electric vehicles.
  • Lucid and Tesla both made a first-time Chicago Auto Show debut and Mazda returned, courtesy of Napleton Auto Group.
  • "We're hopeful this was a one-year decision, and that Stellantis brands will return to the 2025 Chicago Auto Show," said 2024 Chicago Auto Show Chairman JC Phelan.

"CHICAGO DRIVES ELECTRIC" INDOOR TEST TRACK, POWERED BY COMED, RETURNS TO THE CHICAGO AUTO SHOW FLOOR

Retrieved on: 
Wednesday, February 7, 2024

CHICAGO , Feb. 7, 2024 /PRNewswire/ -- The 2024 Chicago Auto Show welcomes new and returning brands to its indoor electric vehicle (EV) test track, Chicago Drives Electric, powered by ComEd. This expanded EV hub will be a one-stop destination for attendees to experience the latest brands and to learn about all aspects of EV mobility and lifestyle, including at-home charging, range anxiety, maintenance and associated EV ownership costs.

Key Points: 
  • The Chicago Auto Show serves as the perfect backdrop to offer hands-on experience and education by industry experts."
  • Last year, brands that participated on the Chicago Drives Electric track tallied a total of 20,000 ride-alongs.
  • "Powering Chicago is proud to be a premier sponsor of the Chicago Auto Show and, as Chicagoland's No.
  • 1 resource for EV charger installations, we're thrilled to support the Chicago Drives Electric EV indoor test track," said Executive Director Elbert Walters III.

Lucid Insurance Group to Take on Tools from Convr's Underwriting Workbench

Retrieved on: 
Saturday, February 3, 2024

CHICAGO, Feb. 3, 2024 /PRNewswire-PRWeb/ -- Convr AI®, the leading Artificial Intelligence (AI) company serving commercial insurance organizations is pleased to announce Lucid Insurance Group will utilize Convr's Intake AI and Risk 360 AI products to gain greater speed, accuracy and efficiency in their underwriting operations starting in 2024.

Key Points: 
  • Convr is pleased to announce Lucid Insurance Group will utilize its workbench to gain greater speed, accuracy and efficiency in their underwriting operations.
  • "Together, we're going to continue to transform commercial insurance with frictionless underwriting.
  • Lucid Insurance is an innovative and fast-growing Managing General Agent (MGA) and specialty wholesale producer specializing in middle market, commercial insurance.
  • "Our team is passionate about reshaping the insurance landscape and providing tailored solutions for our brokers, and their clients," said Charles Smith, Head of Innovation and Strategy at Lucid Insurance Group.

Premier Sponsor Powering Chicago Showcases EV Charging Expertise at Chicago Auto Show

Retrieved on: 
Thursday, February 1, 2024

CHICAGO, Feb. 1, 2024 /PRNewswire/ -- Powering Chicago, the labor-management partnership between the International Brotherhood of Electrical Workers (IBEW) Local 134 and the Electrical Contractors' Association of Chicago and Cook County (ECA), will return as a premier sponsor of the Chicago Auto Show, Exclusive EV Installer, and official sponsor of the Chicago Drives Electric EV indoor test track.

Key Points: 
  • "We look forward to sharing our expertise on charging infrastructure, built on more than a decade of installing EV chargers in the region, with Chicago Auto Show attendees and answering their questions at our EV Charging Resource Center."
  • Following a record-breaking year for EV sales in the U.S.,* Powering Chicago is committed to educating attendees on all aspects of charging infrastructure at its EV Charging Resource Center.
  • For the third consecutive year, Powering Chicago will sponsor the show's indoor EV test track, Chicago Drives Electric.
  • Visit Powering Chicago at booth SH11 at the Chicago Auto Show for the latest resources on EV charging infrastructure, speak with qualified electrical experts about residential and workplace needs, and learn how to find highly qualified Powering Chicago contractors in the Chicagoland region.

Lucid Appoints Matt Everitt as General Counsel

Retrieved on: 
Tuesday, January 30, 2024

NEWARK, Calif., Jan. 30, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), setting new standards for luxury electric experience with the Lucid Air, selected to Car and Driver's 10Best list for 2024, is pleased to announce the appointment of Matt Everitt as General Counsel.

Key Points: 
  • Experienced international automotive leader to guide Company's overarching legal strategy, as Lucid enters its next phase of growth
    NEWARK, Calif., Jan. 30, 2024 /PRNewswire/ -- Lucid Group , Inc. (NASDAQ: LCID), setting new standards for luxury electric experience with the Lucid Air, selected to Car and Driver's 10Best list for 2024, is pleased to announce the appointment of Matt Everitt as General Counsel.
  • In this role, Mr. Everitt is responsible for overseeing Lucid Group's legal affairs globally and for providing strategic legal guidance to support the Company's ambitious growth plans.
  • "We are delighted to welcome Matt to Lucid and to California," said Peter Rawlinson, CEO and CTO, Lucid Group.
  • Mr. Everitt joins Lucid after 12 years at Mercedes-Benz, where he held several leadership roles in both the U.S. and Germany, most recently as General Counsel of Mercedes-Benz North America.

Lucid Announces Q4 Production & Deliveries, Sets Date for Fourth Quarter 2023 Results

Retrieved on: 
Thursday, January 11, 2024

Lucid produced 2,391 vehicles during Q4 and delivered 1,734 vehicles during the same period.

Key Points: 
  • Lucid produced 2,391 vehicles during Q4 and delivered 1,734 vehicles during the same period.
  • *
    On a full year basis in 2023, the company produced 8,428 vehicles and delivered 6,001 vehicles.
  • Lucid will host a conference call to discuss its fourth quarter 2023 financial results on Wednesday, February 21, 2024, at 2:30 pm PT / 5:30 pm ET.
  • Starting on February 7, 2024, at 2:30 pm PT / 5:30 pm ET, shareholders can submit questions by visiting: https://app.saytechnologies.com/lucid-group-2023-q4/ .