Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.


home / news releases / LCID - Rivian: Trends Forecasts And Challenges For The EV Industry Weigh Heavily On Its Prospects

LCID - Rivian: Trends Forecasts And Challenges For The EV Industry Weigh Heavily On Its Prospects

Lucid Group Inc.
  • Recent trends indicate a slowdown in vehicle sales across the board. Model forecasts for RIVN's addressable markets are positive but competition is legion and ferocious.
  • Aiming for "luxury brand" and "fleet vehicle" status could create branding problems for the company.
  • RIVN's financials will be negative for some years, which is par for the course in this industry.
  • Externalities limit growth of BEV market nationwide, which is a concern for RIVN in light of the high interest in it.

For further details see:

Rivian: Trends, Forecasts And Challenges For The EV Industry Weigh Heavily On Its Prospects
Stock Information
Company Name: Lucid Group Inc.
Stock Symbol: LCID
Market: NASDAQ
Website: lucidmotors.com
Menu
LCID LCID Quote LCID Short LCID News LCID Articles LCID Message Board
Get LCID Alerts

News, Short Squeeze, Breakout and More Instantly...