BOSTON, MA, July 29, 2025 (GLOBE NEWSWIRE) -- The Digital Twin Consortium® (DTC™) today announced that Lucid Technologies Corporation (Lucid TC™), a pioneering technology company dedicated to advanced digital twin solutions, has joined the consortium. Lucid TC brings its expertise in building powerful developer-friendly technologies for creating highly customized, in-memory, graph-based digital twins to significantly contribute to the DTC's mission of accelerating digital twin adoption and advancing open st ...

Group 1 - Major declines were observed in several stocks, with American company Yabao down by 10.71%, Chilean chemical mining company SQM down by 5.35%, Lucid Group down by 4.45%, and Leap Motor down by 4.39% [1] - Porsche's P911 stock in Europe fell by 4.09% [1] Group 2 - NIO Inc. experienced a rise of 1.31%, while Panasonic Corporation's stock in Tokyo increased by 1.47% [1] - Tesla's stock rose by 3.02%, and MP Materials saw an increase of 3.27% [1]

Lucid's deal with Uber is promising. But a Rivian partnership looks superior. To help Lucid scale up enough to produce this many vehicles, Uber also agreed to invest $300 million into the business. Around the same time, Lucid announced a 1-for-10 reverse stock split, but it's not clear how connected these two events are. While all of this looks promising on paper, there are two obvious problems. First, Uber's robotaxi division remains in its infancy. Whether it can actually grow big enough to acquire 20,000 ...

Core Viewpoint - Rivian and Lucid, once popular EV stocks, have seen significant declines in their stock prices due to unmet production goals and rising interest rates, leading to questions about their future investment potential [2][4][12] Company Performance - Rivian's stock price has dropped to approximately $13 from a peak of $172.01, while Lucid's stock is now around $3, down from a high of $55.52 [1][2] - Rivian produced 24,337 vehicles in 2022, significantly below its target of 50,000, due to supply chain disruptions [4][8] - Lucid delivered only 4,369 vehicles in 2022, far short of its goal of 20,000, also facing supply chain issues [5][10] - In 2023, Rivian increased production to 57,232 vehicles but saw a decline to 49,476 in 2024 due to market conditions and competition [8][9] - Lucid's deliveries rose to 6,001 in 2023 and 10,241 in 2024, but these figures remain disappointing compared to initial projections [10][11] Market Valuation - At their peak, Rivian's market cap was $153.3 billion, equating to 92 times its 2022 revenue, while Lucid's market cap reached $91.4 billion, or 150 times its 2022 revenue [6] - Rivian and Lucid currently trade at 3.2 times and 6.9 times this year's sales, respectively, with neither expected to break even soon [12] Future Outlook - Analysts project Rivian's revenue to grow at a CAGR of 32% from 2024 to 2027, while Lucid's revenue is expected to rise at a CAGR of 85% [12] - Rivian's gross margins have turned positive, indicating improved financial health, whereas Lucid's gross margins remain negative [12][13] - Rivian's leadership stability and production capabilities position it as a stronger investment compared to Lucid, which faces challenges in meeting production expectations for its Gravity SUV [13]

Group 1 - The excitement around robotaxis has led to significant boosts in electric vehicle (EV) stocks, particularly for companies like Tesla and Lucid Group [1][3] - However, analysts express concerns about the financial challenges that EV makers will face starting in 2025 due to the expiration of federal tax credits for EV purchases, which will increase costs by $7,500 [4][6] - The anticipated decline in demand growth is compounded by the loss of value in federal automotive regulatory credits, which have previously generated over $200 million for Lucid [4][6] Group 2 - EV sales have already seen a year-over-year decline of 6.3% in the second quarter of 2025, with expectations that this trend may continue or worsen due to reduced incentives [6] - While Lucid's long-term robotaxi opportunity remains promising, analysts are concerned about the immediate future regarding reduced sales and profit growth [7]

Core Viewpoint - Archer Aviation is positioned to have a more promising future compared to Lucid Motors, which has struggled to meet its production and delivery targets since going public [1][6]. Company Performance - Lucid initially aimed to deliver 20,000 vehicles in 2022, 49,000 in 2023, and 90,000 in 2024, but actual deliveries were significantly lower at 4,369 in 2022, 6,001 in 2023, and 10,241 in 2024 [2][4]. - Lucid's revenue grew from $608 million in 2022 to $808 million in 2024, reflecting a CAGR of 15%, while its net loss increased from $2.56 billion to $3.06 billion [5]. - Lucid's stock has declined nearly 90% since its first post-merger trade, yet it maintains a market cap of $8.6 billion, which is 11 times last year's sales [5]. Market Position and Future Outlook - Archer Aviation's Midnight eVTOL aircraft offers advantages such as carrying a pilot and four passengers, traveling up to 100 miles, and reaching speeds of 150 miles per hour, making it suitable for urban air taxi services [8]. - Archer has a backlog of approximately $6 billion, with significant orders from major companies and organizations, including United Airlines and the U.S. Air Force [9]. - Archer plans to commence air taxi flights in Abu Dhabi and is awaiting FAA approval for U.S. operations, with production goals of 10 aircraft in 2025, 48 in 2026, 252 in 2027, and 650 in 2028 [10]. - Analysts project Archer's revenue to grow from $13 million in 2025 to $437 million in 2027, supported by a growing backlog and an expanding eVTOL market, which is expected to grow at a CAGR of 35.3% from 2024 to 2030 [11]. Competitive Landscape - Archer benefits from an early mover advantage in the eVTOL market, while Lucid entered the saturated EV market later and has seen a decline in its reservation backlog [12]. - Archer's market cap is currently $7.5 billion, trading at 17 times its projected sales for 2027, while Lucid trades at less than two times its estimated sales for the same year [13]. - If Archer successfully launches its commercial air taxi services and gains FAA approval, it could achieve a market cap of $13.1 billion, surpassing Lucid's current valuation [14][15].

Core Perspective - Uber Technologies is making a significant commitment to autonomous vehicles through a multi-year partnership with Lucid and Nuro, which could reshape its future in the ride-hailing market [1][9]. Investment Details - Uber will invest $300 million in Lucid and a separate "multi-hundred-million-dollar" investment in Nuro, aiming to deploy at least 20,000 robotaxis over the next six years [2]. Strategic Shift - This partnership marks a major shift in Uber's strategy, as it will own and operate the vehicles rather than just providing a user-facing platform, indicating a desire for more control in the evolving ride-hailing market [4][13]. Vehicle Specifications - The robotaxi fleet will utilize Lucid's Gravity SUV, which features a long 450-mile range and hardware redundancies, making it suitable for autonomous operations [6]. Competitive Landscape - The move is crucial as robotaxis are becoming a reality, with competitors like Waymo and Tesla already offering autonomous rides [7]. Control Over Future - By investing directly in Nuro and Lucid, Uber aims to secure its position in the market and avoid being sidelined by competitors who may choose to offer driverless rides through their own platforms [9][10]. Platform Advantages - Uber possesses strong brand recognition, extensive routing and pricing data, and expertise in fleet management, which may provide an edge over competitors in the autonomous vehicle space [11]. Current Business Performance - Uber's core business is performing well, with a 14% revenue increase to $11.5 billion in Q1 2025, and strong free cash flow generation, allowing time for the robotaxi fleet development [14][15]. Future Challenges - Building a robotaxi fleet is capital-intensive and requires effective execution, with production of vehicles not expected to begin until late 2026, amidst increasing competition [16]. Market Positioning - Uber is proactively making multiple investments in the robotaxi space to ensure it remains competitive as the market evolves, with the potential for significant returns if it becomes a leader in this sector [17].

Lucid (LCID -3.08%) attracts significant attention from investors because the company makes impressive electric vehicles (EVs). Its Air sedan has the longest battery range of any EV currently on the market, and it recently won a Guinness World Record for the longest distance traveled on a single charge. Meanwhile, its Gravity SUV has the fastest-charging time of any EV outside of China.But, at the risk of raining on Lucid's parade, I don't think any of this is reason to buy up Lucid stock at the moment with ...

Group 1 - The revolution of robotaxi services is gaining momentum, with Tesla aiming to cover half of the U.S. population by the end of 2025 [1] - Currently, Tesla's robotaxi fleet operates in a limited area in Austin, Texas, requiring the presence of employees or safety drivers in the vehicles [1] - Uber has partnered with Lucid Group and Nuro to launch a next-generation robotaxi service that combines high-end electric vehicles, mature autonomous driving technology, and Uber's global ride-hailing platform [1] Group 2 - Uber plans to deploy 20,000 or more Lucid vehicles equipped with Nuro's autonomous driving system within six years, making it one of the largest announced robotaxi collaborations to date [2] - The base model of these vehicles will have a range of approximately 450 miles per charge, and the Nuro Driver system will support Level 4 autonomous driving capabilities [2] - The robotaxi service is set to launch in a major U.S. city in 2026, with plans to expand to dozens of markets globally over the following six years [2]

Product Promotion - Lucid Motors Air Grand Touring 使用体验分享 [1] - Lucid Air 和 Gravity 将在 San Mateo County Event Center 展出 [1] - 活动门票购买链接：https://t.co/T5sY3Za0RW [1]