Lucid (US:LCID) The Motley Fool·2025-05-01 13:30Core Viewpoint - The future of transportation is increasingly leaning towards electric vehicles (EVs), with global sales on the rise, presenting investment opportunities in companies well-positioned in this sector [1] Company Summaries QuantumScape - QuantumScape is focused on developing solid-state battery technology, which promises to enhance charging time, range, safety, and energy density while reducing costs [2] - The company is ahead of schedule in its production goals, particularly with the Cobra separator process expected to enter baseline production in Q2 2025 [3] - QuantumScape has formed a partnership with Murata Manufacturing to explore ceramics production, which could accelerate the commercialization of its battery technology [4] - The company has substantial liquidity, ending Q1 with over $860 million, which is expected to last into the second half of 2028, providing a runway for its technology development [5] Lucid Group - Lucid Group has shown significant growth, delivering 3,109 vehicles in Q1, marking a 28% increase year-over-year and achieving five consecutive record quarters [7] - The company is benefiting from a shift in Tesla owners seeking alternatives, with 50% of current orders coming from former Tesla customers [8] - The upcoming launch of the Gravity SUV is anticipated to further boost deliveries, as it targets a larger market compared to the Air sedan [9]