Lucid Group Inc is an innovative automotive company that specializes in the design, manufacturing, and marketing of electric vehicles (EVs)
With a focus on luxury and sustainability, Lucid aims to revolutionize the EV market by offering high-performance vehicles that combine cutting-edge technology, elegant design, and an emphasis on energy efficiency. The company's flagship model, the Lucid Air, showcases advanced features such as impressive range capabilities, fast charging, and a spacious, high-tech interior, positioning Lucid as a significant player in the growing electric vehicle industry. Additionally, Lucid Group is committed to expanding its production capabilities and enhancing the EV ecosystem, contributing to a more sustainable future in transportation.
NEW YORK, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Lucid Group (NASDAQLCID) on behalf of long-term stockholders following a class action complaint that was filed against Lucid on April 1, 2022 with a Class Period from November 15, 2021 to August 3, 2022. Our investigation concerns whether the board of directors of Lucid have breached their fiduciary duties to the company.
Shares of electric vehicle (EV) stocks, including Rivian Automotive and Lucid Group, are trading lower amid continued weakness following significant policy changes announced by President Donald Trump.
