Lucid Motors reports $200.6M Q2 2024 revenue, achieves 5.0 mi/kWh efficiency, and secures $1.5B from PIF to support future projects and the Lucid Gravity SUV.
Lucid is raising $1 billion from an affiliate of Saudi Arabia’s Public Investment Fund, bolstering its 2024 release of Gravity, the all-electric Lucid SUV.