Bloomberg Lucid Motors Starts Second-Half Production and Expands Plant Bloomberg (Bloomberg) — Lucid Motors Inc., a Saudi-backed electric-vehicle startup awaiting a blank-check IPO, is on track to begin production and deliveries of its first electric vehicles this year. After a series of setbacks, the company has completed its preproduction phase, officials announced on a conference call with investors Tuesday, just days before a shareholder vote on its IPO. Churchill Capital Corp IV, a special purpose acquisition firm that is merging with Lucid, saw its stock rise./n
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