Lucid Details Upcoming Midsize Platform and Announces New Recurring Revenue Streams, Outlining a Disciplined Path to Profitable Scale

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Multifaceted strategy to achieve profitability includes: expanded software and mobility revenue streams, manufacturing scale, rigorous capital allocation, and material cost reductionsRevealed key technical and strategic details of its upcoming Midsize platform, which delivers segment leading features with improved manufacturing efficiency and costPlatform includes three models, the first two are Lucid Cosmos and Lucid EarthHighlighted advanced discussions with Uber to finalize an agreement to deploy Lucid Midsize platform vehicles at a scale similar to the Gravity robotaxi program, with intention to increase over time Introduced Lunar, a purpose-built robotaxi concept based on the Midsize platformNew Atlas drive unit extends Lucid's efficiency leadership while lowering cost View original content:https://www.prnewswire.co.uk/news-releases/lucid-details-upcoming-midsize-platform-and-announces-new-recurring-revenue-streams-outlining-a-disciplined-path-to-profitable-scale-302712371.html