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Toyota ready to invest us$10 billion in the U.S.
According to WardsAuto, Japanese automaker Toyota is reportedly preparing to invest an additional US$10 billion in its U.S. operations over the next five years. This comes after the company began production at its US$13.9 billion battery plant in Liberty, Nort...
Toyota ready to invest us$10 billion in the U.S.
According to WardsAuto, Japanese automaker Toyota is re...
Lucid Slows Gravity Ramp-Up as Revenue Rises but Technical Challenges Persist
Lucid Group released its third-quarter 2025 results, sh...
Another Microprocessor War is Brewing
As if the industry didn’t already have enough challenge...
L'Automobile
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Lucid Slows Gravity Ramp-Up as Revenue Rises but Technical Challenges Persist
L'Automobile
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PersistLucid Group released its third-quarter 2025 results, showing strong revenue growth but continued production challenges. According to PR Newswire, the company generated $336.6 million, up 68% year-over-year. However, only 3,891 vehicles were produced, limiting Gravity SUV availability across retail networks.
As reported by TechCrunch, Lucid is still managing software issues—particularly with the head-up display—and delays in sourcing key components. These technical and supply-chain challenges slow the production ramp-up, reduce test-drive availability and extend customer delivery timelines. Lucid maintains that it prefers delaying shipments rather than releasing a product that doesn’t meet its quality standards.
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