Lucid (LCID) Shares Jump 13.4% on Expanded Manufacturing Deal With Rockwell Automation

Lucid (NASDAQ: LCID) shares surged 13.4% on January 21, 2026, following an announcement of an expanded collaboration with Rockwell Automation to enhance production capabilities at its manufacturing facility in Saudi Arabia. The partnership aims to scale manufacturing output as part of Lucid’s broader international growth strategy. The move signals progress in Lucid’s efforts to overcome recent operational and financial challenges. The company reported over $950 million in cash outflows last quarter and has operated with negative gross margins. Despite these pressures, the strengthened automation partnership is seen as a vote of confidence in its production roadmap. LCID is up 53% from its 52-week low but remains down 68.2% from its February 2025 peak of $34.80. At $11.07, the stock is flat year-to-date. Over the past year, LCID has recorded 53 daily moves exceeding 5%, underscoring its extreme volatility.