Lucid Group Reaches Agreement With Gravity Inc. On "Lucid Gravity" Trademark; Allows Use Without Trademark Dispute; Lucid To Proceed With Launch Of Lucid Gravity All-Electric SUV
Portfolio Pulse from Benzinga Newsdesk
Lucid Group has reached an agreement with Gravity Inc. regarding the 'Lucid Gravity' trademark, allowing Lucid to use the name without a trademark dispute. This clears the way for Lucid to proceed with the launch of its Lucid Gravity all-electric SUV.
June 28, 2024 | 8:08 pm
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Lucid Group has resolved a trademark dispute with Gravity Inc., allowing it to proceed with the launch of its Lucid Gravity all-electric SUV. This is a positive development for Lucid as it removes a legal hurdle and enables the company to move forward with its product plans.
The resolution of the trademark dispute removes a significant legal barrier, allowing Lucid to proceed with its product launch. This is likely to be viewed positively by investors as it demonstrates progress in the company's product development and reduces legal risks.
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