buyers

“Lucid Motors Breaks Delivery Records and Expands Search for Electric Vehicle Customers”

Tc Backlight
Lucid Motors delivered more EVs in the first quarter of 2024 than it has in any other quarter, though it set the record by a very slim margin. The Saudi-backed, California-based electric vehicle company said Tuesday morning that it shipped 1,967 luxury sedans in the quarter. That’s just a few more than it shipped in the fourth quarter of 2022, when it set its previous record of 1,932 deliveries. Lucid’s new delivery record comes as the company is struggling to find consistent demand for its pricey luxury sedan, the Air. But it has not specified how many Air sedans have made it to the Kingdom to date.

“Saudi Arabia Pledges Additional $1 Billion to Lucid Motors in Quest for Affluent Electric Vehicle Customers”

Img 2580
Lucid Motors is raising another $1 billion from its biggest financial backer, Saudi Arabia, as it looks to blunt the high costs associated with building and selling its luxury electric sedan. The fresh funding comes just a few weeks after Lucid told investors that it only plans to build around 9,000 of its Air electric vehicles this year, a slight bump over last year’s output. It lost $2.8 billion in 2023 and finished the year with just shy of $1.4 billion in cash and equivalents. Lucid also plans to start building its electric Gravity SUV at the end of this year. Lucid announced the investment less than three weeks after CEO Peter Rawlinson told the Financial Times that he was wary of relying too heavily on Saudi Arabia to keep shoveling money into its proverbial furnace.

Tech Issue Results in Persistent Payment Delays for Depop Vendors, Confirms Corporation

Depop
A streetwear seller, whose shop is @fentoozler791, told TechCrunch that they had a payment of $200 for multiple packages pushed back by over a week. It seemed like they didn’t care until they realized they’d be losing my money from all the fees they’ve charged me,” @fentoozler791 told TechCrunch. After further requests for comment, Depop told TechCrunch on Wednesday that it had uncovered an issue that caused these delayed payments. We identified an issue in our automated payouts system that has now been fixed, and all pending payments have been sent out to affected sellers,” Depop said. Depop told TechCrunch that it gained 5 million registered users last year, bringing its userbase up to 35 million.

Maximize Buyer Engagement: The Importance of Establishing Online Sales Spaces for Startups

Gettyimages 1404269031
I founded Mindtickle, a sales readiness platform, in 2011 to address this issue and help companies prepare their sales teams to tackle any challenge. Digital sales rooms offer a new way to achieve just that. Winning sales organizations have now started using digital sales rooms (DSRs) to introduce buyer enablement to the sales enablement ecosystem to create a more interactive and engaging experience for buyers. Combining DSRs with sales enablement toolsBuyers are scrutinizing purchases more and sellers are under pressure to provide value in every buyer interaction. Digital sales rooms are online microsites where sellers can customize and share contracts, mutual action plans, sales content, and more with buyers.

Prevu Anticipates Boost in Online Home Sales with Cash-Back Incentives

Gettyimages 147062618
The traditional role of the real estate agent has long been challenged as the internet has made it easier for people to search for, and tour, homes. The buyers’ agent commission varies from transaction to transaction depending on what is offered by the seller. In a scenario where the buyer’s agent commission is 3%, for example, the home buyer would receive up to 1.5% as a rebate and Prevu as a company would retain the other 1.5%. Buyers receive the commission rebate via check after closing. Making home buying “more attainable”So besides rebates, what is Prevu doing that’s different from its competitors?

Trending now

Baby wearables, texts from dogs, and E-Ink cars • TechCrunch
The Future of Babies: Wearables, Text Messages from Furry Friends, and E-Ink Automobiles
Airmyne Prototype
AirMyne Harnesses Geothermal Energy for Direct Air Carbon Capture Expansion
Instagram now lets you bookmark posts with friends and store them in a dedicated space
Create and Explore a Saved Space with Instagrams New Bookmarking Feature
Atomos tows a $16M load of funding to create tugboats in space • TechCrunch
Atomos Takes Off With $16M For Tugboats in Space