EVsCarScoopsabout 2 hours ago
Lucid Delays Cosmos, Cuts Costs in Reset
4 min read
Lucid Motors delayed its sub-$50K Cosmos crossover until the second half of 2027, pushing back its first midsize model. The automaker's operational reset targets $1.4 billion in 2026 savings, including $500 million in capital expenditure cuts and layoffs of 18% of its US workforce.
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