Shares of Lucid Group, Inc. (LCID) are up more than 6% in the pre-market trade on Wednesday after the electric vehicle maker announced commencement of production of its luxury electric sedan Lucid Air at the company's Arizona factory on Tuesday.
Lucid expects customers can take delivery of its high-end Lucid Air Dream Edition in late October, followed by less expensive models including Grand Touring, Touring, and Air Pure.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.