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Tesla rival Lucid is forced to layoff hundreds amid EV shift : 2025 was a rough year for electric vehicle sales in the U.S.
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Industry: Investors Call for a Clear Commitment to the Energy Transition: The German government is using the “Invest in Germany” summit to attract the trust and ...
handelsblatt.com/unternehmen/industrie/industrie-investoren-fordern-klares-bekenntnis-zur-energiewende/100261824.html

Key FactsInvestors Criticize Germany’s Energy and Pharmaceutical Policies
Oct 19, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: handelsblatt.com
Summary created with AI assistance · Source: handelsblatt.com
- Only Sanofi CEO Belén Garijo is reportedly set to attend, among the 36 international pharmaceutical companies in the BCR delegation.
- In June, Eli Lilly announced halving a planned €2.3 billion investment in Rhineland-Palatinate; Boehringer stopped investments exceeding €900 million.
- Germany’s Federal Network Agency wants to require a final investment decision by 2026 for exemptions lasting until August 2029.
- No company bid in Germany’s last offshore wind auction, held in August 2025, because its conditions were unattractive.
There is an entire department in the federal government that is supposed to attract foreign investments. Ironically, in the same week as the investment withdrawal, that department sent me an email asking if I would speak at their conference this fall. The left hand doesn't know what the right hand is doing.— Dave Ricks, CEO of Eli Lilly, to Handelsblatt; commenting on healthcare-savings plans and the government’s coordination
Lucid’s smaller Cosmos SUV, slated for 2026, has been pushed back to 2027: Lucid won't rush its smaller "Cosmos" SUV, and has pushed back its ...
electrek.co/2026/08/04/lucids-smaller-cosmos-suv-slated-for-2026-has-been-pushed-back-to-2027/

Down 99%, Lucid stock is a ripe bankruptcy candidate : Electric vehicles were supposed to be the future of the auto industry.
miamiherald.com/news/business/article316657163.html
13 carmakers sign up for California EV rebate initiative: Thirteen automakers have agreed to participate in California’s new electric vehicle rebate program that ...
pressdemocrat.com/2026/07/20/13-carmakers-sign-up-for-california-ev-rebate-initiative/

Lucid Names New CFO in Overhaul as EV Deliveries Miss Estimates: Lucid Group Inc. replaced its finance chief in a sweeping management overhaul as the maker of ...
bloomberg.com/news/articles/2026-07-02/lucid-names-new-cfo-in-overhaul-as-ev-deliveries-miss-estimates

Paid articlePaywallTicking EV time bomb set to smash Aus: Second-hand EVs are already relatively cheap — but experts are predicting screaming bargains when leases under a ...
news.com.au/finance/economy/australian-economy/exact-date-ev-prices-set-to-implode-as-novated-leases-end-triggering-bargains-for-secondhand-buyers/news-story/931e6a32a042c5e3aca55a6b54b414da
Lucid Is Cutting 18% of Its U.S. Workforce. Why the EV Stock Is Struggling.: Lucid is cutting jobs for the second time this year as the electric-vehicle maker ...
barrons.com/articles/lucid-cuts-workforce-stock-price-9abb4cf8
Paid articlePaywallWall Street expects Tesla rival to surge 90% | LCID: The EV-maker's shares are down sharply, but Wall Street analysts see a major rebound ahead.
thestreet.com/investing/stocks/lcid-lucid-stock-wall-street-expects-tesla-rival-stock-surge

BMW iX Discontinued For U.S. As Brand Preps Neue Klasse Models: BMW has officially confirmed that it will be discontinuing the all-electric iX SUV for the United ...
thetruthaboutcars.com/cars/news-blog/bmw-ix-discontinued-for-u-s-as-brand-preps-neue-klasse-models-45134938

EV maker Lucid names Silvio Napoli as CEO: Lucid on Tuesday named Silvio Napoli as the company's next chief executive officer, as it looks to ramp up production ...
ara.tv/ymaqb
Rivian and Lucid can operate like Tesla after new legislative win: Rivian spent millions to achieve this legislative victory in Washington state.
thestreet.com/automotive/rivian-and-lucid-can-operate-like-tesla-after-new-legislative-win

Washington opens Tesla’s direct EV sales loophole to Rivian and Lucid: Washington state legislators just voted overwhelmingly to allow Rivian and Lucid to sell ...
electrek.co/2026/03/18/washington-rivian-lucid-direct-ev-sales-tesla-loophole/

Sony Has ‘No Information’ on the Fate of the Afeela Project After Honda’s EV Pullback
thedrive.com/news/sony-has-no-information-on-the-fate-of-the-afeela-project-after-hondas-ev-pullback

Lucid Confirms $50K Cosmos and Earth Mid-Sized SUVs: Third mid-sized model is still unnamed, but targeting the rugged end of the market ...
autoguide.com/auto/auto-news/lucid-confirms-50k-cosmos-and-earth-mid-sized-suvs-44630890

For Rivian and Lucid, path finally emerges for direct-to-consumer car sales in WA
columbian.com/news/2026/mar/02/for-rivian-and-lucid-path-finally-emerges-for-direct-to-consumer-car-sales-in-wa/

Lucid slashes hundreds of East Bay jobs as electric car maker fights red ink: Lucid Group has revealed its decision to slash hundreds of Bay Area jobs ...
mercurynews.com/2026/02/25/jobs-economy-lucid-car-drive-electric-green-work-layoff-newark-vehicle/

Lucid's big SUV arrives with high expectations, and big risks: Lucid Motors says its Gravity SUV will sell far better than its Air sedan. But Lucid is losing ...
cnbc.com/2025/12/20/lucids-gravity-suv-arrives-with-high-expectations-and-big-risks.html

Lucid and KACST partner for electric vehicle innovation center in Riyadh: RIYADH: A new center to carry out high-level research into electric vehicle technology ...
arabnews.com/node/2626238/saudi-arabia

Rivian: How the new political wind is affecting the US electric car manufacturer: Car manufacturer Rivian warns that it expects headwinds due to changing ...
businessinsider.de/wirtschaft/rivian-so-trifft-der-neue-politische-wind-den-e-autobauer-aus-den-usa/

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