logo
#

Latest news with #LucidGroup

Electric Vehicles Update - Racing Ahead Ultra-Fast Batteries Drive Future Growth
Electric Vehicles Update - Racing Ahead Ultra-Fast Batteries Drive Future Growth

Yahoo

time20 hours ago

  • Automotive
  • Yahoo

Electric Vehicles Update - Racing Ahead Ultra-Fast Batteries Drive Future Growth

The ultra-fast electric vehicle (EV) batteries market is projected to experience significant growth, with a compound annual growth rate (CAGR) of 11.27% from 2025 to 2030. This expansion is driven by technological advancements, supportive government policies, and the rising demand for electric vehicles. Solid-state batteries are gaining popularity for their higher energy capacity, quicker charging, and improved safety compared to traditional lithium-ion options. The development of high-voltage power systems and the expansion of ultra-fast charging stations are further enhancing charging speeds, while innovative production methods are reducing battery costs by utilizing advanced materials. These developments are supported by a surge in EV sales and government incentives aimed at promoting electric mobility, demonstrating a promising future for the ultra-fast EV batteries market across various global regions. In other market news, was trading firmly up 4% and finishing the session at $20.10. Two days ago, XPENG launched the MONA M03 Max, an affordable electric sedan featuring advanced AI driving capabilities. At the same time, lagged, down 8.4% to close at $2.41. Lucid Group's upcoming Gravity SUV launch could rapidly drive significant revenue growth. Click here to explore the full narrative on Lucid Group's growth potential and challenges. Don't miss our "Market Insights" article, "Automakers Caught in the Tariff Crossfire," where we explored electric vehicle challenges amid tariff tensions; read it before these insights get outdated! finished trading at $10.22 up 0.5%. finished trading at $358.43 up 0.4%. settled at HK$392.80 down 3.3%. Click here to unveil our expertly curated list of 53 EV Stocks including Sumitomo Electric Industries, LG Energy Solution and Ningbo Tuopu GroupLtd. Curious About Other Options? Uncover 19 companies that survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sources: Simply Wall St "Ultra-Fast EV Batteries Market Forecast Report (2025-2030), with Profiles of CATL, BYD, Nyobolt, Hitachi Industrial Products, SK Innovation, Samsung SDI, Farasis Energy, Tesla, CALB and Svolt Energy" from Research and Markets on GlobeNewswire (published 30 May 2025) Companies discussed in this article include NYSE:XPEV NYSE:F NasdaqGS:TSLA SEHK:1211 and NasdaqGS:LCID. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@

Electric Vehicles Update - Racing Ahead Ultra-Fast Batteries Drive Future Growth
Electric Vehicles Update - Racing Ahead Ultra-Fast Batteries Drive Future Growth

Yahoo

timea day ago

  • Automotive
  • Yahoo

Electric Vehicles Update - Racing Ahead Ultra-Fast Batteries Drive Future Growth

The ultra-fast electric vehicle (EV) batteries market is projected to experience significant growth, with a compound annual growth rate (CAGR) of 11.27% from 2025 to 2030. This expansion is driven by technological advancements, supportive government policies, and the rising demand for electric vehicles. Solid-state batteries are gaining popularity for their higher energy capacity, quicker charging, and improved safety compared to traditional lithium-ion options. The development of high-voltage power systems and the expansion of ultra-fast charging stations are further enhancing charging speeds, while innovative production methods are reducing battery costs by utilizing advanced materials. These developments are supported by a surge in EV sales and government incentives aimed at promoting electric mobility, demonstrating a promising future for the ultra-fast EV batteries market across various global regions. In other market news, was trading firmly up 4% and finishing the session at $20.10. Two days ago, XPENG launched the MONA M03 Max, an affordable electric sedan featuring advanced AI driving capabilities. At the same time, lagged, down 8.4% to close at $2.41. Lucid Group's upcoming Gravity SUV launch could rapidly drive significant revenue growth. Click here to explore the full narrative on Lucid Group's growth potential and challenges. Don't miss our "Market Insights" article, "Automakers Caught in the Tariff Crossfire," where we explored electric vehicle challenges amid tariff tensions; read it before these insights get outdated! finished trading at $10.22 up 0.5%. finished trading at $358.43 up 0.4%. settled at HK$392.80 down 3.3%. Click here to unveil our expertly curated list of 53 EV Stocks including Sumitomo Electric Industries, LG Energy Solution and Ningbo Tuopu GroupLtd. Curious About Other Options? Uncover 19 companies that survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sources: Simply Wall St "Ultra-Fast EV Batteries Market Forecast Report (2025-2030), with Profiles of CATL, BYD, Nyobolt, Hitachi Industrial Products, SK Innovation, Samsung SDI, Farasis Energy, Tesla, CALB and Svolt Energy" from Research and Markets on GlobeNewswire (published 30 May 2025) Companies discussed in this article include NYSE:XPEV NYSE:F NasdaqGS:TSLA SEHK:1211 and NasdaqGS:LCID. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Lucid Group (NasdaqGS:LCID) Opens 43rd Location in North America
Lucid Group (NasdaqGS:LCID) Opens 43rd Location in North America

Yahoo

time3 days ago

  • Automotive
  • Yahoo

Lucid Group (NasdaqGS:LCID) Opens 43rd Location in North America

Lucid Group experienced a 13% appreciation in its stock price over the last quarter. This upward movement aligns with a number of positive developments for the company, including the opening of a new facility in Rutherford, N.J., marking its 43rd location in North America. The strategic appointments of seasoned executives in marketing and operations may have enhanced investor confidence. Furthermore, improved financial results, demonstrated by an increase in sales and a reduced net loss, likely contributed to this performance. These factors helped Lucid counter broader market fluctuations, strengthening its position in the competitive electric vehicle landscape. We've identified 2 warning signs with Lucid Group (at least 1 which can't be ignored) and understanding the impact should be part of your investment process. These 17 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch. The recent developments at Lucid Group, such as the opening of a new facility and strategic executive hires, could positively influence its long-term growth narrative. Over the past year, however, the company's total shareholder return, including dividends, was a decline of 6.40%. This contrasts with the stock's recent quarterly appreciation of 13%. Within the same 12-month period, Lucid underperformed relative to the broader U.S. Auto industry, which saw a return of 70.5%, and the overall U.S. market, which returned 9.1%. These advancements may spur future revenue, particularly with the anticipated launch of the Lucid Gravity SUV, which is expected to bolster revenue growth and operational efficiency. Analysts forecast substantial revenue increases, although Lucid's forecasted profitability remains elusive over the next three years. The alignment of these positive indicators may enhance earnings forecasts over time, contingent upon successful execution and market conditions. Notably, the current share price of US$2.56 is slightly above the analyst consensus price target of US$2.53, suggesting that analysts on average consider the stock to be fairly priced at the moment. Given this, investors might weigh whether they see potential upside beyond the current market expectations. Gain insights into Lucid Group's future direction by reviewing our growth report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:LCID. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

‘Watch for These Catalysts,' Says Top Investor About Lucid Stock
‘Watch for These Catalysts,' Says Top Investor About Lucid Stock

Business Insider

time5 days ago

  • Automotive
  • Business Insider

‘Watch for These Catalysts,' Says Top Investor About Lucid Stock

One could be forgiven for having doubts about Lucid Group (NASDAQ:LCID), the electric vehicle maker whose share price has plunged 87% over the past 3 years. Confident Investing Starts Here: Yet, despite the steep decline, recent developments suggest there may be some light at the end of the tunnel. Lucid remains on track to manufacture 20,000 vehicles in 2025 – in line with its guidance – and its Q1 2025 net loss of $366 million marks a 46% year-over-year improvement. The company also ended the quarter with a strong liquidity position of $5.76 billion. Even so, Lucid is still operating at a loss, which means any bullish stance largely hinges on faith in the company's long-term potential rather than near-term profitability. That's where top investor Rick Orford – ranked in the very top 1% of TipRanks' stock pros – sees an opportunity. He points to two key catalysts on the horizon: Lucid's strategic partnership with Saudi Arabia and the upcoming launch of the Lucid Gravity SUV. According to Orford, these developments could help shift sentiment and lay the groundwork for future growth and profitability. 'Short-term prospects remain uncertain, but patient investors could benefit significantly if Lucid achieves profitability in the next 3–5 years,' Orford opined. The investor further highlights just how embedded Lucid is in Saudi Arabia's EV ambitions. The Kingdom's sovereign wealth fund holds a majority stake in the company and has committed to purchasing between 50,000 and 100,000 vehicles over the next decade. As Orford sees it, Saudi Arabia views Lucid not just as a financial investment, but as a cornerstone of its broader push to diversify its economy and establish a foothold in the global EV race. 'I'm speculating that they're using Lucid Motors at least in part to achieve their vision of moving away from oil dependency, which could translate to a huge growth runway for the company,' Orford noted. The investor is also intrigued by the company's Lucid's Gravity SUV, which he believes has the potential to help the company capture market share from Tesla when it becomes available next year. Not only does Gravity's 420-mile range compare favorably to Tesla's 244-mile estimates for the Model Y, but the Elon Musk-led company's reputation is in tatters due to his political activities. Summing up, the investor believes in the company's ability to deliver growth going forward – especially for those willing to look further down the road. 'I'm rating the stock a 'Buy' for its long-term potential,' concludes Orford. 'I think investors (buying) at today's prices will be very pleased.' (To watch Orford's track record, click here) Wall Street, however, isn't quite as enthusiastic. Most analysts are still in 'wait-and-see' mode. With 7 Holds outweighing just 1 Buy and 2 Sells, LCID claims a consensus Hold (i.e., Neutral) rating. Meanwhile, the average 12-month price target of $2.54 implies the stock is likely to stay range-bound for the foreseeable future. (See LCID stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.

Prediction: Lucid Group Stock Is a Buy Before Aug. 4
Prediction: Lucid Group Stock Is a Buy Before Aug. 4

Yahoo

time5 days ago

  • Automotive
  • Yahoo

Prediction: Lucid Group Stock Is a Buy Before Aug. 4

Shares of the electric vehicle maker have been volatile so far in 2025. However, there are three good reasons to buy Lucid stock right now. 10 stocks we like better than Lucid Group › Lucid Group (NASDAQ: LCID) stock has been volatile so far in 2025, with shares gyrating between $2 and $3.50. And while shares look expensive according to some metrics, sales growth is expected to explode higher in both 2025 and 2026. In fact, there are three compelling reasons to consider buying more Lucid shares before the company's next earnings call, which is expected to occur sometime around Aug. 4. In general, investing in electric car stocks can be tricky. But the upside potential is clearly gigantic. Just take a look at Tesla's historic rise. Since 2010, Tesla shares have risen in value by more than 26,000%. Yet over that time period, more than a dozen EV start-ups have gone bankrupt. What determines whether an EV start-up becomes the next Tesla rather than go bankrupt? As Tesla has proven, one of the keys is to release new vehicles, especially affordable ones like the Model Y and Model 3. That's exactly what Lucid is hoping to replicate in the coming years. Earlier this year, Lucid released its Gravity SUV platform. While still priced at $70,000 and above, this luxury vehicle is expected to boost sales significantly. Analysts projects 73% sales growth in 2025, with another 96% growth in 2026. The biggest sales growth for Lucid, however, might occur in 2027 and 2028 after the release of its new "mass-market" vehicles. These new models will have price tags under $50,000, unlocking millions of new potential buyers. The launch of new models should help Lucid not only boost sales dramatically, but also achieve better margins due to scale. Tesla has posted positive gross profit margins for over a decade. Competitor Rivian Automotive, meanwhile, achieved positive gross profit margins last quarter. Lucid, however, is still losing tens of thousands of dollars on every car it sells. How did Tesla and Rivian achieve positive gross margins? It wasn't through ruthless cost-cutting. The key was much simpler: scale. As sales increased due to the introduction of new models, the company was able to achieve operating leverage, spreading out its fixed costs across higher volumes of sales. As Lucid scales its sales base, expect profitability to improve in response. Lucid's Gravity sales numbers may surprise analysts this quarter. If that happens, we could also see gross profit margins improve faster than expected. Finally, investors might be willing to look forward and appreciate to the massive sales potential of Lucid's mass-market vehicle launches. With a current market capitalization of under $10 billion, it's clear that Lucid stock has plenty of upside at current levels, especially compared to Tesla's $1 trillion valuation. What could go wrong? As with any early-stage EV start-up, Lucid isn't flush with cash. As it grows, expect management to tap equity and debt markets further to raise capital for growth. These efforts will keep the company afloat until net profitability is achieved, but current shareholders will be diluted in the process. Plus, there's no guarantee that consumers will like Lucid's new models as much as they loved Tesla's Model X, Model 3, and Model Y vehicles. All in, Lucid is an attractive buy for aggressive growth investors looking to swing for the fences in order to find the next Tesla. But expect plenty of volatility, with 100% downside possible should the company fail. Before you buy stock in Lucid Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Lucid Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $639,271!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $804,688!* Now, it's worth noting Stock Advisor's total average return is 957% — a market-crushing outperformance compared to 167% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Ryan Vanzo has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Prediction: Lucid Group Stock Is a Buy Before Aug. 4 was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store