From:Internet Info Agency 2026-07-15 02:55:02
Electric vehicle maker Lucid has hired consulting firm AlixPartners to conduct a comprehensive review of its operations. The move aims to optimize the business, reduce costs, and ensure the successful launch of a new midsize vehicle. Following the news, Lucid's stock plunged 57% in a single day—the largest drop in its history. The company subsequently issued a statement confirming its collaboration with the advisor and denying media reports suggesting it might file for bankruptcy, calling such rumors "completely false."

Volkswagen's China NEV Deliveries Exceed 28,000 Units in October 2026
Dongfeng Nissan NV200 PHEV to Debut on November 13, NX7 Pre-sales to Begin Simultaneously
Japanese Teardown Team Completes Full Disassembly of Leapmotor Lafa5
New Porsche Panamera Expected in 2027, to Launch as 2028 Model
Jaguar Land Rover Confirms Range Rover Velar and Evoque to End Production in Mid-2027