Tag: Lucid Group Inc

Alabama Mercedes-Benz workers reject unionization effort

The United Auto Workers (UAW) suffered a setback as workers at the Mercedes-Benz plant in Alabama voted against union representation, according to the National Labor Relations Board. This outcome comes as a blow to the UAW, following their recent success in organizing Volkswagen plant workers in Tennessee. The vote saw 56% of the workers, totaling […]

Former Lucid Motors Executive Appointed as CFO of Ford, Current Chief Promoted

Ford recently announced a major executive shakeup, with the appointment of the former chief financial officer of electric-vehicle startup Lucid to replace its current CFO. The ex-Lucid executive, Sherry House, will join Ford as finance vice president in early June and will transition into the CFO role by early 2025. Current CFO John Lawler will […]

EV Startups Rivian, Lucid, and Nikola Seek Ways to Increase Funding

Electric vehicle startups, once the darlings of investors and the automotive industry, are now facing tough market conditions as they struggle to survive and prove their viability. Companies like Rivian Automotive, Lucid Group, and Nikola Corp. are all focusing on conserving cash, reducing costs, and improving operations to weather the storm. Rivian, with its strong […]

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