Lucid Group, Inc.

Lucid Group, Inc. is a technology and automotive company focused on developing electric vehicle (EV) technologies. Founded in 2007 and headquartered in Newark, California, the company works to design, engineer, and build capital efficient electric vehicles, EV powertrains, and battery systems. As of December 31, 2021, Lucid Group Inc. operates twenty retail studios in the United States.

The company encompasses a wide array of capabilities that span from concept-stage design and engineering to production and after-sale service. Lucid Group Inc. has a strong focus on the customer experience, with their retail studios providing a personalized approach to purchasing and servicing their electric vehicles. This customer-centric focus is evident in the design of their vehicles, which prioritize comfort, luxury, and state-of-the-art technologies.

Lucid Group Inc. has invested heavily in research and development, with a focus on continuously improving their vehicles through the use of cutting-edge technologies. Their team consists of world-renowned engineers, designers, and technologists, whose expertise helps them stay ahead of the competition. This has enabled them to develop an extensive portfolio of EV technologies, including battery cells, drives, and energy storage systems.

The company is also able to provide customers with a comprehensive service package, ranging from installation, maintenance, and repair to energy storage and charging infrastructure services. As of December 31, 2021, Lucid Group Inc. had installed over 6,000 charging stations throughout the United States, providing customers with a wide range of charging options.

In 2020, Lucid Group Inc. announced the launch of their first production vehicle, the Lucid Air. The vehicle features a range of up to 405 miles, a luxurious interior, and a 0-60 mph time of 2.5 seconds. The company continues to expand their electric vehicle portfolio, with the most recent addition being the Lucid GT, which is set to launch in 2021.

Lucid Group Inc. is dedicated to providing their customers with innovative and efficient electric vehicles and technologies. With their team of world-renowned engineers, their comprehensive service package, and their cutting-edge EV technologies, Lucid Group Inc. is well positioned to continue leading the way in the electric vehicle market.