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.
With the aim of identifying criminal suspects, U.S. police departments are increasingly relying on a controversial surveillance practice to demand large amounts of users’ data from tech companies.
So-called “reverse” searches allow law enforcement and federal agencies to force big tech companies, like Google, to turn over information from their vast stores of user data.
Reverse searches effectively cast a digital dragnet over a tech company’s store of user data to catch the information that police are looking for.
Microsoft, Snap, Uber and Yahoo (which owns TechCrunch) have all received reverse orders for user data.
Some companies choose not to store user data and others scramble the data so it can’t be accessed by anyone other than the user.
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.
Google is introducing improvements to search suggestions in Chrome, the company announced today.
As part of the changes, users will start to get more helpful search suggestions in Chrome based on what others are searching for, see more images for suggested searches and find search suggestions even with a poor connection.
Search suggestions are the drop-down list of suggested completions that appear before you finish typing out your query in Google.
With these new updates, Google is expanding the availability of search suggestions and using them to boost inspiration.
For example, if you start typing out “bohemian table,” Google will display an image of a bohemian table, bohemian tablecloth, bohemian table runner and bohemian table lamp.
Strava is after a new CEO to replace Michael Horvath, who is stepping down for the second time. Horvath made the announcement on his blog yesterday, stating that he doesn’t…
