All posts tagged: Lucid

AI lucid dreaming inducer Morpheus-1 headband by Prophetic AI

AI lucid dreaming inducer Morpheus-1 headband by Prophetic AI

Lucid dreaming is a phenomenon where a person becomes aware that they are dreaming while still within the dream. This awareness can range from a faint recognition of the fact to a profound acknowledgment of the environment and control over the dream’s events. The concept hinges on the understanding of the dream state and the waking state. In a typical dream, the dreamer is not aware that they are dreaming; the experiences feel real and uncontrolled. In contrast, lucid dreaming introduces a level of consciousness into the dreaming state. This phenomenon has been studied for its potential psychological and therapeutic benefits. For example, lucid dreaming can be utilized for overcoming nightmares, as the dreamer can recognize the nature of the dream and potentially alter its course. Furthermore, it’s an area of interest for researchers studying consciousness and brain activity during different states of awareness. The world’s first multi-modal generative ultrasonic transformer Imagine a world where you can dive into your dreams and control the narrative, where the line between reality and the subconscious blurs, allowing …

Could James Bond’s next car be powered by Lucid Motors?

Could James Bond’s next car be powered by Lucid Motors?

The public may not yet know who the next actor will be to fill the polished, often knife-equipped, shoes of M16’s top 00 agent – James Bond, but we do have a better idea of what type of vehicle he may be driving to evade the baddies when he makes his on-screen debut. Following an existing supply agreement with Aston Martin, Lucid Motors’ CEO and CTO Peter Rawlinson hinted that James Bond’s next vehicle could be 100% electric. Ian Fleming’s James Bond franchise has long outlived the UK writer and become one of the most successful franchises of all time. Since the first film adaption of Fleming’s 1958 novel, Dr. No, we’ve seen five different actors (and George Lazenby) portray 007. The most recent chapters in the Bond saga were a lot grittier and action-packed, led by Daniel Craig, whose 15-year tenure as the British spy ended with a literal bang. While Eon Productions, responsible for a large majority of the Bond films, and distributor MGM have not yet publicly revealed who the next James …

An up-close look at Gravity with Lucid Motors’ SVP of design

An up-close look at Gravity with Lucid Motors’ SVP of design

This week, Lucid Motors invited Electrek to an exclusive ribbon-cutting ceremony celebrating the opening of Phase 2 of its AMP-1 facility in Casa Grande, Arizona. Part of the festivities included a factory tour, an interview with CEO and CTO Peter Rawlinson, and our best look at Lucid’s upcoming Gravity SUV to date. Senior Vice President of Design and Brand Derek Jenkins walked me around Gravity and shared some insights into what went into this unique electric SUV. Yesterday’s visit to AMP-1 was filled with excitement as local politicians joined CEO and CTO Peter Rawlinson on stage to cut the ribbon on Phase 2 – a 3 million-square-foot expansion that moves all of Lucid’s production and storage into one facility, adds a stamping machine, and includes a second body shop where Gravity – the American automaker’s second flagship model will be built. Gravity has been a long time coming, as we first caught wind of the SUV in 2020 during the premiere of the Air sedan when Lucid briefly teased it. Not different from CEO Peter …

Lucid cuts ribbon at AMP-1, teases mid-size Tesla competitor

Lucid cuts ribbon at AMP-1, teases mid-size Tesla competitor

During a ribbon-cutting ceremony celebrating the opening of Phase 2 at its AMP-1 production facility in Arizona, Lucid Motors CEO Peter Rawlinson briefly teased the automaker’s third model in the works – a mid-size EV that will arrive as a direct competitor to the Tesla Model 3 and Model Y. Electrek was on location this morning in Casa Grande, AZ, home to Lucid Motor’s AMP-1 production facility, which now houses Phase 2 of the American automaker’s four-phase expansion plan. Since we last visited during the start of Air production two years ago, AMP-1 has expanded from approximately 800,000 square feet in size to over 3.8 million sq. ft. Phase 2, which will be home to production of Lucid’s second flagship EV – the Gravity SUV, also includes a stamping machine and a second body shop and provides enough room to bring supply chain storage and powertrains in-house rather than building them up the road and trucking the parts over. To celebrate the massive (on schedule) expansion, Lucid Motors held a ribbon-cutting ceremony mere feet away …

Lucid poaches Polestar exec to spearhead European EV offensive

Lucid poaches Polestar exec to spearhead European EV offensive

California-based Lucid Motors (LCID) is expanding globally. With a new European boss who brings extensive experience from Polestar, Maserati, and Audi, Lucid aims to build its brand in new markets. Lucid hires former Polestar exec to expand in Europe Lucid hired Alexander Lutz, who spent the past four and a half years with Polestar, as its new managing director for Europe. Lutz started the first of the year. Before Polestar, Lutz worked for Audi before joining Maserati for four years. With experience in brand building, sales, and marketing, Lucid believes Lutz can help expand its reach into Europe. After opening its second studio in Germany in the heart of Düsseldorf in September, Lucid confirmed, “German customers are ready for Lucid.” The EV maker currently sells one model in the country – the Lucid Air. Lucid’s electric sedan starts at 109,000 euros ($120,300) in Germany. Despite the Air featuring up to 516 miles (830 km) EPA range (enough to get from Amsterdam to Berlin), Lucid has struggled to gain traction. Lucid’s stock is sitting at all-time …

Lucid CFO bounces after Gravity SUV debut

Lucid CFO bounces after Gravity SUV debut

Lucid’s chief financial officer Sherry House is leaving the company to “pursue other opportunities,” the automaker told investors on Monday. The news comes less than a month after Lucid debuted its luxury Gravity SUV, and mere days after Nasdaq bumped the firm from the Nasdaq-100 index (alongside eBay and Zoom). Lucid’s stock ended regular trading down by about 2.5%, at $4.61 per share. The stock sank by more than 3% during after-hours trading, to around $4.47 per share. House’s departure is “effective immediately,” Lucid wrote in a filing with the Securities and Exchange Commission. The company didn’t say much else regarding the cause for the leadership change, except that the decision was apparently “not the result of any disagreement.” Lucid added that accounting executive Gagan Dhingra will step up as interim CFO.  For their trouble, the outgoing and rising execs will receive the kind of money you’d need to afford a Lucid SUV — given its expected $80,000 price tag.  House joined Lucid in May 2021, after spending close to four years at Waymo, per LinkedIn. …

The all-electric Lucid Gravity SUV finally makes its debut with 440 miles of range

The all-electric Lucid Gravity SUV finally makes its debut with 440 miles of range

EV maker Lucid took the long-awaited wraps off the Gravity, an all-electric three-row SUV with a range that could hypothetically leave a Tesla Model X, Fisker Ocean or Rivian R1S stuck behind at a charging station. The importance of the Lucid Gravity — and more aptly the reception it receives — is existential for the EV maker. The Lucid Air sedan, the company’s first EV, has received positive reviews. However, demand has softened this year, forcing the automaker to slash prices and lower its production guidance for the year. The Gravity could help Lucid regain a foothold in the increasingly competitive EV industry.  Of course, Lucid has to actually launch the vehicle. Lucid delayed its sedan, and its SUV is no different in this regard. The company originally aimed to start making Gravity SUVs in late 2023, but in August, moved the production date to late 2024. Lucid Gravity basics Image Credits: Lucid Lucid wrote bombastically that the EV “heralds the dawn of a new era for electric SUVs.” There’s an explanation for this tone; …

Lucid revises 2023 production amid softening demand for luxury EVs

Lucid revises 2023 production amid softening demand for luxury EVs

Lucid has revised its 2023 production outlook amid softening demand for luxury electric vehicles, the company said Tuesday in its third quarter earnings report. The EV maker said it will produce 8,000 to 8,500 vehicles by the end of the year, down from previous guidance of more than 10,000, to “prudently align with deliveries.” In the third quarter, Lucid delivered 1,457 of its luxury electric Air sedans, missing Wall Street expectations by about 500 vehicles. Year-over-year and quarter-over-quarter, Lucid’s delivery numbers were more or less flat. The revised production guidance and weak delivery numbers come as consumers are unwilling to spend big on EVs, preferring instead to go for more budget-friendly hybrids. To keep up demand, companies around the world have been looking for ways to offer EVs at a lower price point. Tesla has been consistently slashing its prices across the board to boost sales. And automakers like Ford and Rivian are working to come to market with cheaper models. In August, Lucid started cutting prices across the full Air lineup. Last week, the …

Lucid adopts Tesla’s charging standard

Lucid adopts Tesla’s charging standard

Lucid has reached an agreement that will give owners of its luxury EVs access to Tesla’s network of superchargers — following the path of Ford, GM and the majority of automakers that sell EVs in North America have taken in recent months. Ford kicked off the trend in May 2023 when it announced its EV owners would soon have access to about 12,000 Tesla chargers initially via an adapter; Ford added that its next generation of EVs would be integrated with Tesla’s charge port called the North American Charging Standard (NACS) starting in 2025. GM, Rivian, Honda, Mercedes, Hyundai, Kia, Toyota and most recently Subaru followed with their own announcements to adopt Tesla’s charging standard. Lucid was one of the last remaining holdouts. Like previous announcements, Lucid will begin by providing owners of its EVs, which are built with the Combined Charging System (CCS), with an adapter that will give it access to thousands of Tesla chargers, known as Superchargers. Lucid will incorporate Tesla’s NACS charging port into its EVs starting in 2025. “Adopting NACS …

Luxury EV maker Lucid misses the mark on deliveries

Luxury EV maker Lucid misses the mark on deliveries

Lucid said Tuesday it delivered 1,457 of its luxury all-electric Air sedans in the third quarter, missing Wall Street expectations by about 500 vehicles. Perhaps more troubling is the year-over-year comparison. Lucid delivered 1,398 vehicles in the third quarter of 2022, meaning growth over the past year is nearly flat. It was the same story on a quarter-over-quarter basis. Lucid’s third-quarter deliveries were just slightly higher than the 1,404 vehicles it delivered to consumers in the second quarter. The results sent shares down about 3.6% as investors grew concerned that demand for the company’s only EV has softened. Lucid also reported Tuesday it produced 1,550 Airs in the third quarter with more than 700 additional vehicles in transit to Saudi Arabia for final assembly. Lucid produced 2,282 vehicles in the third quarter of 2022. Lucid has had a roller coaster year that included hitting a production milestone in January, missing Wall Street’s delivery expectations in February, recalling hundreds of vehicles and downsizing its workforce in March, posting weaker-than-expected revenue and earnings in May, landing a deal with Aston Martin …