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Cciv lucid1/3/2023 ![]() Lucid’s EV technology suite was developed in-house, allowing Lucid Air to deliver outstanding efficiency with a projected range of over 500 miles on a single charge – ahead of all competitors on the market today. The company’s differentiated, proprietary EV technology, including its battery technology which is currently powering every vehicle in the world’s leading EV racing series, is underpinned by a rich portfolio of patents. The complaint also names as defendants Lucid Motors (well, actually, Atieva. Lucid is setting new standards in performance, range and efficiency, appealing both to customers and investors committed to a zero-emission future. Shares of Churchill Capital Corp IV (NYSE: CCIV) declined from 63. We are pleased to partner with Peter and the rest of Lucid’s leadership team as it delivers the highly anticipated Lucid Air to market later this year, promising significant disruption to the EV market and creating thousands of jobs across the U.S.” Sitting right on the 200ma on the daily, I have the 8ma pulled up and expect a ride up/continuation here. I think CCIV is almost done day dreaming and will see a rebound soon. Michael Klein, chairman and CEO of CCIV, said, “CCIV believes that Lucid’s superior and proven technology backed by clear demand for a sustainable EV make Lucid a highly attractive investment for Churchill Capital Corp IV shareholders, many of whom have an increased focus on sustainability. Last post I said it was lucid dreaming, following that post we saw around 50 drop. Lucid Lucid joins SECs growing watch list following its CCIV SPAC merger According to a report by Reuters, Lucid Group Inc. Lastly, this transaction further enables the realization of our vision to supply Lucid’s advanced EV technologies to third parties such as other automotive manufacturers as well as offer energy storage solutions in the residential, commercial and utility segments.” ![]() Scheduled to expand over three phases in the coming years, our Arizona facility is designed to be capable of producing approximately 365,000 units per year at scale. ![]() However, the question remains whether CCIV stock remains. Financing from the transaction will also be used to support expansion of our manufacturing facility in Arizona, which is the first greenfield purpose-built EV manufacturing facility in North America, and is already operational for pre-production builds of the Lucid Air. Indeed, Lucid’s product quality, design, and feel are among the key reasons investors and consumers are gravitating toward this play today. Lucid is going public to accelerate into the next phase of our growth as we work towards the launch of our new pure-electric luxury sedan, Lucid Air, in 2021 followed by our Gravity performance luxury SUV in 2023. Through a ground-up rethinking of how EVs are designed, our in-house-developed, race-proven technology and meticulous engineering have enabled industry-leading powertrain efficiency and new levels of performance. ![]() Peter Rawlinson, CEO and CTO of Lucid, said, “Lucid is proud to be leading a new era of high-technology, high efficiency zero-emission transportation. ![]()
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