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The Lucid display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC NEW YORK — Lucid Group expects to be cash flow positive late this decade as it plans to grow its vehicle lineup and significantly increase its software and technology offerings, the all-electric vehicle maker announced Thursday during its first investor day in nearly five years as a public company. The EV company aims to accomplish positive cash flow generation through market expansion into midsize vehicles and robotaxis, as well as international expansion in markets such as Europe and Saudi Arabia. It also expects to achieve efficiency gains and software revenue growth with the introduction of improved advanced driver assistance systems and a new Lucid artificial intelligence assistant, executives told dozens of investors and Wall Street analysts on Thursday. Shares of Lucid were off roughly 6% to 8% during much of the event despite the company giving its most detailed product and expansion plans to date, highlighting the tough market conditions for EV companies. Lucid’s cash flow target is challenging given the automaker’s current performance and waning demand for EVs in the U.S. While Lucid has been able to increase sales and narrow losses, the company lost $2.7 billion on revenue of $1.35 billion in 2025. It had negative free cash flow of $3.8 billion in 2025, a loss that was roughly 31% larger than a year earlier. Lucid interim CEO Marc Winterhoff — who unexpectedly took over for company founder Peter Rawlinson last year — said the company’s “north star” is “accelerating to profitability,” reiterating the investor event’s theme. He and other executives declined to disclose an exact year the company aims to be cash flow positive. The automaker has been trying to increase investor interest in the company as…

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Filed under: News - @ March 12, 2026 7:30 pm