Bloomberg
Lucid Motors Sees Second-Half Production Start, Plant Expansion
(Bloomberg) — Lucid Motors Inc., the Saudi-backed electric-vehicle startup waiting to go public via a blank-check company, remains on schedule to start production and deliveries of its debut electric vehicles this year.The company has finished its preproduction phase after a series of delays, executives said on call with investors Tuesday, days ahead of a shareholder vote on its listing. Shares of the special purpose acquisition company that’s merging with Lucid, Churchill Capital Corp IV, rose
