Lucid Group, Inc.

Lucid is a technology company that designs, engineers, and manufactures electric vehicles (EVs), EV powertrains, and battery systems. The company aims to advance EV technology through its innovations, advanced technology, and software-defined vehicle platforms. Lucid's product lineup includes the Lucid Air sedan, with customer deliveries starting in late 2021, and the Lucid Gravity SUV, which arrived in late 2024. Both vehicles are designed to offer a combination of performance, range, space, and efficiency. Lucid develops proprietary software for its vehicles in-house, which is continuously updated through over-the-air (OTA) software updates. The company's approach to vehicle design incorporates highly efficient miniaturized drivetrain components, enabling the Lucid Space Concept, which merges a smaller exterior footprint with leading interior space. Lucid plans to expand its vehicle lineup with Midsize platform vehicles, scheduled to start production in late 2026. Lucid offers an elevated customer experience through geographically distributed retail and service locations and direct-to-consumer online sales. The company also forms strategic partnerships to accelerate growth and expand into new markets, such as robotaxis. Additionally, Lucid leverages its advanced software and hardware architecture to power advanced driver assistance systems (ADAS) and Level 4 autonomous mobility systems for consumer and ride-hailing applications.