Lucid Expands EV Lineup, Targets Positive Cash Flow Late This Decade
AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Markets LCID Lucid Expands EV Lineup, Targets Positive Cash Flow Late This Decade March 13, 2026 — 06:21 pm EDT Written by RTTNews.com for RTTNews -> (RTTNews) - Lucid Group [LCID] outlined its long-term strategy during its first investor day since becoming a public company. The electric vehicle maker aims to achieve positive cash flow later this decade by expanding into midsize vehicles, robotaxis, and software-based revenue streams. Future growth will come from new midsize models, international expansion into markets like Saudi Arabia and Europe, and recurring software subscriptions as well as advanced driver-assistance services. Lucid reported a $2.7 billion loss on $1.35 billion in revenue in 2025 and negative free cash flow of $3.8 billion. The company expects to generate around $1 billion in annual non-vehicle revenue later this decade through software subscriptions priced between $69 and $199 per month, with expanded autonomous driving features planned by early 2027. Lucid also previewed a two-seat robotaxi concept and said autonomous capability could reach limited self-driving functionality by 2029. Lucid announced three midsize vehicles under development, starting with the Cosmos later this year, followed by Earth roughly a year later, and a third unnamed model. The Cosmos is expected to start near $50,000, competing with offerings from Rivian Automotive and others. Executives believe the new midsize platform and autonomy strategy could expand Lucid's addressable market from $40 billion to $700 billion. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Tags Markets RTTNews Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges. More articles by this source -> Stocks mentioned LCID More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.