Electric Vehicle Market Updates: Lucid Motors and Audi

Lucid Motors has surpassed Wall Street's Q2 revenue forecasts following a significant $1.5 billion investment from Saudi Arabia's Public Investment Fund (PIF) In other news, Audi is gearing up to launch a new series of electric cars tailored for the Chinese market These vehicles will notably omit Audi's traditional four-ring logo to align with specific brand image considerations and will utilize an automotive architecture co-developed for this purpose. Additionally, the Audi SQ8 e-tron, available in Europe, will feature a new Carbon Style pack, enhancing its aesthetic appeal.