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Lucid Group’s Canadian Market Expansion Boosts LCID Stock

Lucid Group’s Canadian Market Expansion Boosts LCID Stock

Author:

Global Cryptocurrency

Published:

2025-11-21 23:21:02

24

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BTCCSquare news:

Lucid Group's shares rose 4.14% to $12.20 as the EV Maker opened orders for its Gravity Touring SUV in Canada. The luxury electric vehicle, priced from $113,500 CAD, promises 542 km of range and seven-seat functionality, with deliveries slated for early 2026.

The announcement marks Lucid's strategic push into the competitive luxury SUV segment. Interim CEO Marc Winterhoff positioned the MOVE as expanding Lucid's market reach, though the company withheld specific earnings guidance in today's release.

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