Lucid's Record Deliveries, Figure AI's Breakthrough, Tesla's Hiring Spree And More: This Week In Mobility

Wow, what a week it's been in the mobility world! Lucid Motors just announced record deliveries for 2024, Figure AI made a groundbreaking breakthrough in robot AI, and Tesla is on a hiring spree. Let's dive into these exciting developments and more.

Lucid Motors Delivers Record Deliveries in 2024

Lucid Motors delivered a whopping 10,241 vehicles in 2024, a 71% increase from the previous year. The company also produced 9,029 vehicles, a 7% bump over 2023. This impressive performance comes as Lucid expands its product portfolio with the introduction of the Gravity SUV, which has helped attract more customers. The company's aggressive pricing strategy and incentives have also contributed to its growth. Lucid will host a conference call on February 25, 2025, to discuss its fourth quarter 2024 financial results.

Figure AI's Major Breakthrough in Robot AI

Robotics company Figure AI announced a significant breakthrough in its in-house robot AI development. The company has departed from a collaboration agreement with OpenAI and is set to reveal a new innovation in the next 30 days. This achievement demonstrates the potential for advanced, in-house robot AI development and could attract investments, foster collaborations, and drive innovation in the robotics industry.

Tesla's Potential Shift in Model Y Exports

Tesla is considering shipping Model Ys from its Berlin gigafactory to Canada to circumvent high tariffs on imports from the U.S. and Shanghai. This move could help the company maintain its competitive edge in the Canadian market. Tesla is also on a hiring spree as it prepares to ramp up production of its humanoid robot, Optimus. The company has listed several openings for production managers, manufacturing quality technicians, and manufacturing engineers.



Other Notable Developments

* Rivian Automotive announced plans to build a new battery plant in Georgia, which will create 7,500 jobs and support the production of its electric trucks and SUVs.
* NIO (NYSE: NIO) and NIO USA announced a strategic partnership to bring the NIO ET7 electric SUV to the U.S. market, with deliveries expected to begin in the second half of 2025.
* Lucid Motors and the Saudi Public Investment Fund (PIF) announced a strategic partnership to expand Lucid's production capacity and accelerate its growth in the Middle East and North Africa.

In conclusion, this week has been filled with exciting developments in the mobility world, from record deliveries by Lucid Motors to Figure AI's breakthrough in robot AI. As the industry continues to evolve, we can expect more innovative technologies and strategic partnerships to shape the future of transportation. Stay tuned for more updates!