Corte Madera Grand Opening to take place on Saturday, March 18 , at 10:00 AM PDT NEWARK, Calif. , March 17, 2023 /PRNewswire/ -- Lucid Group , Inc. (NASDAQ: LCID), setting new standards with the longest range, fastest charging electric car on the market, today announced the official opening of its latest Studio location in... Read More

3,493 vehicles produced in Q4, up 53 percent sequentially 7,180 vehicles produced in 2022, exceeding annual production guidance of 6,000 to 7,000 vehicles Q4 revenue of over $257M and annual revenue of over $608M Ended the quarter with approximately $4.9B total liquidity 2023 production guidance of 10,000 to 14,000 vehicles... Read More

Limited time offer available for select configurations of Lucid Air Touring and Air Grand Touring ordered by March 31, 2023 NEWARK, Calif. , Feb. 9, 2023 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced that customers... Read More

Montreal Grand Opening to take place on Saturday, January 28 at 10:00 AM ET NEWARK, Calif. , Jan. 27, 2023 /PRNewswire/ -- Lucid Group , Inc. (NASDAQ: LCID), setting new standards with the longest range, fastest charging electric car on the market, today announced the official opening of its latest combination Studio,... Read More

NEWARK, Calif. , Jan. 25, 2023 /PRNewswire/ -- Lucid Group , Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today unveiled its groundbreaking new electric drive unit for motorsports, which can already be found on the race circuit as the standard front drive unit... Read More

3,493 Vehicles Produced in Q4, up 53 Percent Sequentially 7,180 Vehicles Produced in 2022, Exceeding Guidance of 6,000-7,000 Vehicles Set to Report Fourth Quarter Financial Results on Wednesday, February 22, 2023 NEWARK, Calif. , Jan. 12, 2023 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced production and delivery... Read More

Lucid Air arrives in Europe with first deliveries to customers in Germany and the Netherlands . The limited-run Lucid Air Dream Edition receives official Worldwide Harmonized Light Vehicles Test Procedure (WLTP) driving range of 883 km. 1 This makes the Lucid Air the longest-range electric vehicle in the European market.... Read More

NEWARK, Calif. , Dec. 19, 2022 /PRNewswire/ -- Lucid Group, Inc. (Nasdaq: LCID; "Lucid") announced today that it has completed its previously announced "at-the-market" equity offering program. Through the program, Lucid sold more than 56.2 million shares of its common stock for gross proceeds of approximately $600 million . The successful capital raise of approximately $1.515 billion , which includes approximately $915... Read More

AMSTERDAM , Dec. 15, 2022 /PRNewswire/ -- Lucid Group , Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced its third retail location in Europe – and first service, delivery and sales center – will open on 16 December in Hilversum, Netherlands , just... Read More

Global leader in lithium-ion batteries, Panasonic Energy, has agreed to supply batteries for Lucid's full vehicle line-up, including the Lucid Air and upcoming Gravity SUV OSAKA, Japan and NEWARK, Calif. , Dec. 13, 2022 /PRNewswire/ -- Panasonic Energy Co., Ltd., a Panasonic Group company, and Lucid Group, Inc (NASDAQ: LCID) today announced they have entered into multi-year agreements to supply batteries for Lucid's... Read More

Dallas Grand Opening to take place on Saturday, November 19 at 10:00 AM CT . NEWARK, Calif. , Nov. 18, 2022 /PRNewswire/ -- Lucid Group , Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced the official opening of its first Studio location in the state... Read More

The grand opening of Lucid Studio at Cours de Rive 10 to take place on 18th of November AMSTERDAM , Nov. 17, 2022 /PRNewswire/ -- Lucid Group (NASDAQ: LCID), which is setting new standards with its advanced luxury electric vehicles, today announced plans to open its first retail location in Switzerland – the Lucid Studio at... Read More

Lucid's next force of nature: A luxury electric SUV like none other. Supercar levels of performance, seating for up to seven, and more range than any other EV (except for those from Lucid). Gravity, the first Lucid SUV, joins the Air sedan as a flagship model in Lucid's lineup of luxury performance electric vehicles. Further... Read More

Lucid Air Touring begins customer deliveries, features 620-horsepower dual-motor all-wheel-drive powertrain, 0-60 mph in 3.4 seconds, and an EPA-estimated 425 miles of range. It is Lucid's most efficient model yet, delivering 4.62 miles per kilowatt hour. Lucid Air Pure all-wheel drive arrives this year, with 0-60 mph in 3.8... Read More

NEWARK, Calif. , Nov. 8, 2022 /PRNewswire/ -- Lucid Group, Inc. (Nasdaq: LCID; "Lucid") announced today that it has entered into an "at-the-market" program pursuant to an equity distribution agreement, dated November 8, 2022 , between the Company and BofA Securities, Inc., Barclays Capital Inc. and Citigroup Global Markets Inc. as managers. Under the at-the-market program, Lucid may sell up to $600 million of shares of its... Read More

Record quarterly production of 2,282 vehicles, more than triple Q2 On track for annual production guidance of 6,000 to 7,000 vehicles Q3 revenue of $195.5M driven by customer deliveries of 1,398 vehicles in the quarter Strong demand with over 34,000 reservations, representing potential sales of over $3.2B Announced plans to... Read More

'In the Air and Beyond – A Lucid Launch Event' to highlight new models that round out the full Air lineup, latest developments for Air Sapphire, and Lucid's reimagining of the luxury SUV segment Lucid Air Pure and Air Touring to debut in an online global launch event on Tuesday, November 15 , alongside announcements about the... Read More

All new and existing Lucid owners will get access to SiriusXM's comprehensive audio entertainment offering, along with a free 3-month trial subscription Beta version of SiriusXM to launch in Lucid vehicles soon, with full implementation planned for 2023 SiriusXM (NASDAQ: SIRI) and Lucid Group, Inc. (NASDAQ: LCID) announced... Read More

Designed and engineered by the same teams that developed Lucid Air, new accessories serve as practical and stylish complements to the vehicle. New accessories include Lucid's first at-home charging station, expanded storage solutions, and all-weather products Lucid's Connected Home Charging Station enables industry-leading... Read More

$50 million USD plus in training and salary support assistance 1,000 plus employees trained across USA , Europe , and Saudi Arabia Training to concentrate on manufacturing, sales, marketing, and engineering Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced the signing of a Memorandum of Understanding (MoU) with the Human Resources... Read More

New Riyadh Studio set to open at 9:00 AST on Tuesday, October 25th at I Mall, Riyadh Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced the opening of its first Studio in the Middle East , located in Riyadh, Saudi Arabia . The luxury... Read More

Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market with the award-winning Lucid Air, today announced the promotion of Faisal Sultan to Vice President and Managing Director of Lucid Middle East, reporting directly to Peter Rawlinson , Lucid's CEO and CTO.... Read More

Lucid Air is designed as a true software-defined vehicle, with future-ready hardware to allow it to evolve over time to best meet customer needs long after they take delivery. Lucid's newest over-the-air (OTA) software update is the most extensive to date, with significant advancements and improvements across the vehicle. New... Read More

2,282 Vehicles Produced in Q3, More Than Triple Q2 Production Set to Report Third Quarter Financial Results on Tuesday, November 8, 2022 Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced preliminary production and delivery totals for the quarter ended September 30, 2022 . The company produced 2,282 vehicles during Q3 at its... Read More

Lucid Group, Inc. (NASDAQ:LCID), setting new standards with the award-winning Lucid Air, today announced that it has filed a "universal shelf" registration statement on Form S-3 with the Securities and Exchange Commission (the "SEC"). The registration statement would allow Lucid to raise up to an aggregate of $8 billion in primary capital in one or more offerings over the three years after the registration statement is... Read More

Newly created position will lead software engineering for the award-winning Lucid Air including ADAS, Audio, Infotainment, Embedded Software and Systems Architecture Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market with the award-winning Lucid Air,... Read More

Introducing the Sapphire brand from Lucid, with the Lucid Air Sapphire, the world's first luxury electric super-sports sedan Lucid Air Sapphire features three motors, carbon-ceramic brakes, aerodynamic package, new sport seats, and track-tuned suspension for a sublime driver-focused sporting experience Sub-two seconds 0-60... Read More

The Stealth Look for Lucid Air makes its public debut during Monterey Car Week at Motorlux on Wednesday, August 17 Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market with the award-winning Lucid Air, today announced Stealth Look, a new optional exterior... Read More

Newly created position will lead operations, including supply chain, logistics, manufacturing, and quality Lucid Group, Inc . (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market with the award-winning Lucid Air, today announced the appointment of Steven David as Senior Vice President of Operations, reporting directly to Peter Rawlinson , Lucid's CEO and CTO. In this newly... Read More

Q2 revenue of $97.3M driven by customer deliveries of 679 vehicles in the quarter Strong demand with over 37,000 reservations, representing potential sales of approximately $3.5B Production volume outlook for 2022 revised to a range of 6,000 to 7,000 vehicles Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced financial results for its... Read More

Additions of Evelyn Chiang , VP of Process Transformation, and Walter Ludwig , VP of Global Logistics, bring decades of global expertise and operational excellence to Lucid Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market with the award-winning Lucid Air, today announced the appointments of Evelyn Chiang , VP of Process Transformation, and Walter... Read More

Lucid Group , Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest charging electric car on the market, today announced it will host a conference call to discuss its second quarter 2022 financial results on Wednesday, August 3, 2022 , at 2:30 pm PT / 5:30 pm ET . Prior to the conference call, the company will issue an earnings press release with a link to the live webcast on its investor relations... Read More

Tech Talks video series offers an unprecedented look at how Lucid Air achieves industry-leading efficiency, unmatched power density, and the longest EPA-estimated range for any EV New episode, released today, explores the groundbreaking EV charging technology in Lucid Air Lucid Group (NASDAQ: LCID), setting new standards with... Read More

A testament to Lucid's breakthrough engineering, the 1,050-hp luxury EV sedan driven by Ben Collins was 100-percent stock, down to the standard low-rolling-resistance tires Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced that Lucid Air... Read More

Grand Opening to take place on Saturday, June 25 , at 10 a.m. PDT Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest range, fastest charging electric car on the market, today announced the official opening of its first retail location in the Pacific Northwest at University Village in Seattle, WA. This... Read More

Denver Grand Opening to take place on Saturday, June 18 at 10 a.m. MDT . Lucid Group , Inc . (NASDAQ: LCID), setting new standards with the longest range, fastest charging electric car on the market, today announced the official opening of its first Studio location in Denver, CO at the Cherry Creek Shopping Center. This Studio... Read More

Lucid Group, Inc. (NASDAQ: LCID) ("Lucid"), setting new standards with the longest-range, fastest-charging electric car on the market, today announced entry into a Credit Agreement (the "Credit Agreement") on June 9, 2022 . Bank of America, N.A. is the administrative agent and swingline lender on the transaction. Other lenders in the initial bank syndicate include Citigroup; Barclays Bank PLC; Goldman Sachs Bank USA ;... Read More

All-New Digital Platform Offers Flexible, Fast and Easy Online Financing, including Lease and Loan Purchase Options to Lucid Air Customers Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today unveiled Lucid Financial Services, an all-new digital... Read More

Lucid's new factory to bring advanced electric vehicle manufacturing to Saudi Arabia for the first time with a local capacity of 155,000 units New Saudi factory expected to address growing global demand for Lucid electric vehicles by increasing Lucid's global production capacity mid-decade to 500,000 EVs per year Helps... Read More

Q1 revenue of $57.7M driven by customer deliveries of 360 vehicles in the quarter Strong demand with more than 30,000 customer reservations as of today, reflecting potential sales of $2.9B Production volume outlook for 2022 remains on track at 12,000 to 14,000 vehicles Announces new pricing effective June 1 while honoring... Read More

Purchase commitment by the Government of Saudi Arabia by the Ministry of Finance to include award-winning Lucid Air and future Lucid models Among one of the largest-ever purchase commitments of its kind for sustainable electric vehicles Ten-year deal is part of Saudi Vision 2030 and Saudi Green Initiative to transform the... Read More

Lucid Group , Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced it will host a conference call to discuss its first quarter 2022 financial results on Thursday, May 5, 2022 , at 2:30 pm PT / 5:30 pm ET . Prior to the conference call, the company will... Read More

Boston Grand Opening to take place on Saturday, April 16 at 11 a.m. EDT . Manhasset location set to open this Spring. Lucid Group (NASDAQ: LCID), setting new standards with the longest range, fastest charging electric car on the market, today announced the official opening of its newest Studio location in the Seaport District... Read More

Lucid Air Grand Touring customer deliveries already in progress; deliveries of new Grand Touring Performance model begin June 2022 New Lucid Air Grand Touring Performance delivers 1,050 horsepower, accelerates from 0-60 mph in 2.6 seconds Lucid Air Grand Touring rated at 819 horsepower, surpassing an earlier estimate of 800,... Read More

Lucid Studio Toronto Grand Opening to take place on Saturday, March 26 at 10 a.m. EDT . Lucid Group (NASDAQ: LCID), setting new standards with the longest range, fastest charging electric car on the market, today announced the official opening of its newest Studio location at the Yorkdale Shopping Centre in Toronto, Ontario.... Read More

Lucid's DreamDrive Pro advanced driver-assistance system features 32 sensors on the vehicle and has been designed to grow in capability over time with software delivered to vehicles over-the-air Lucid's in-house DreamDrive software stack runs on the NVIDIA DRIVE platform, delivering incredible computing power for advanced... Read More

Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest range, fastest charging electric car on the market, today announced the signing of agreements with the Ministry of Investment of Saudi Arabia ("MISA"), the Saudi Industrial Development Fund ("SIDF"), and the Economic City at King Abdullah Economic City... Read More

Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest range, fastest charging electric car on the market, today announced financial results for its fourth quarter and full year ending December 31, 2021. The Company's Q4 revenue was $26.4 million , including $21.3 million from initial deliveries of its innovative Lucid Air Dream Edition, which began in October. Lucid delivered 125 cars to customers in the... Read More

Lucid Group (NASDAQ: LCID), which is setting new standards for its advanced luxury electric vehicles (EVs), today announced the official opening of its newest Studio location at The Mall at Short Hills in Short Hills, New Jersey . This location serves as the 22nd in the company's growing North American retail network. "Our new... Read More

Lucid Group, Inc. (NASDAQ: LCID) will host a conference call to discuss its fourth quarter and fiscal year 2021 financial results on Monday, February 28, 2022 , at 2:30 pm PT / 5:30 pm ET . Prior to the conference call, the company will issue an earnings press release with a link to the live webcast on its investor relations website, ir.lucidmotors.com . To enhance engagement with the company's shareholder base and... Read More

Nielsen's (NYSE: NLSN) Gracenote, and Lucid Group (NYSE: LCID) have collaborated to bring innovative and intuitive audio features to the ground-breaking Lucid Air luxury electric vehicle. By integrating Gracenote's Smart Radio data and technology solutions, Lucid's elegant entertainment interface will seamlessly connect... Read More

Lucid Group (NASDAQ: LCID), which is setting new standards with its advanced luxury electric vehicles (EVs), today announced the appointment of Gagan Dhingra as Vice President of Accounting and Principal Accounting Officer, and Mustally Hussain as Managing Director, Global Treasurer and Head of Financial Services. Together, they bring decades of strategic leadership experience in building accounting and financial functions... Read More

Lucid Group ("Lucid") (Nasdaq: LCID), which is setting new standards with its advanced luxury EVs, today announced the full exercise of the 15% "greenshoe" option under the convertible senior notes offering announced on December 8, 2021 , raising an additional $262,500,000 for Lucid's business under this offering and bringing the total gross proceeds to $2,012,500,000 . Comprised of green bonds, this offering means that... Read More

Lucid Group, Inc. (Nasdaq: LCID), which is setting new standards with its advanced luxury EVs, today announced that the company has been added to the Nasdaq-100 Index ® , effective prior to market open on Monday, December 20, 2021 . "We are proud to join the prestigious Nasdaq-100 Index, a recognition of our progress establishing Lucid in the EV market and our future growth strategy," said Sherry House , CFO, Lucid Group.... Read More

Nasdaq (Nasdaq: NDAQ) today announced the results of the annual reconstitution of the Nasdaq-100 Index ® (Nasdaq: NDX), which will become effective prior to market open on Monday, December 20, 2021. The following six companies will be added to the Index: Airbnb, Inc. (Nasdaq: ABNB), Fortinet, Inc. (Nasdaq: FTNT), Palo Alto Networks, Inc. (Nasdaq: PANW), Lucid Group, Inc. (Nasdaq: LCID), Zscaler, Inc. (Nasdaq: ZS), Datadog,... Read More

Lucid Group, Inc. ("Lucid")(Nasdaq: LCID) today announced the pricing of its offering of $1,750,000,000 aggregate principal amount of 1.25% convertible senior notes due 2026 (the "notes") in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The issuance and sale of the notes are scheduled to settle... Read More

Lucid Group, Inc. ("Lucid")(Nasdaq: LCID) today announced its intention to offer, subject to market and other conditions, $1,750,000,000 aggregate principal amount of convertible senior notes due 2026 (the "notes") in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Lucid also expects to grant the... Read More

Lucid Group (NASDAQ: LCID), which is setting new standards with its advanced luxury electric vehicles (EVs), today announced it has selected Bank of America as its preferred lending partner. Lucid customers can apply for financing online at Bank of America or work with concierge agents for a seamless financing experience. Lucid began deliveries of the Lucid Air in October and has more than 17,000 reservations across all... Read More

In the news release, Lucid Announces Third Quarter 2021 Financial Results and Lucid Air Wins 2022 MotorTrend Car of the Year, issued 15-Nov-2021 by Lucid Motors over PR Newswire, we are advised by the company that the tables at the end have been added to the release. The complete, corrected release follows: Lucid Announces Third Quarter 2021 Financial Results and Lucid Air Wins 2022 MotorTrend Car of the Year - Lucid Air... Read More

Lucid Group, Inc. (Nasdaq: LCID) ("Lucid" or the "Company"), which is setting new standards with its advanced technologies and luxury electric vehicles ("EVs"), today announced financial results for the third quarter ending September 30 , 2021. Peter Rawlinson , CEO & CTO of Lucid, said, "We are tremendously excited by our accomplishments in our first quarter as a publicly traded company. We successfully began production of... Read More

MotorTrend announced today that the Lucid Air has won the 2022 MotorTrend Car of the Year, the first instance in which the initial product from a new automotive brand has been awarded the "Golden Calipers." MotorTrend's Car of the Year award is considered one of the most prestigious in the automotive industry. The win affirms... Read More

Lucid Group (NASDAQ:LCID), which is setting new standards with its advanced luxury EVs, announced its newest retail location – the Lucid Studio at Tysons Corner Center in the Washington, DC , Metro Area. The new Studio will open its doors to the public on Saturday, November 6 . This location, the 11th in a growing network of... Read More

Lucid Group (NASDAQ: LCID) will host a conference call to discuss its third quarter 2021 results on Monday, November 15, 2021 at 2:00 pm PT / 5:00 pm ET . The company will issue an earnings press release with the dial-in number and a link to the live webcast on its investor relations website at ir.lucidmotors.com prior to the... Read More

Lucid Group, Inc. (NASDAQ: LCID) will host a conference call to discuss its third quarter 2021 results on Monday, November 15, 2021 at 2:00 pm PT / 5:00 pm ET. The company will issue an earnings press release with the dial-in number and a link to the live webcast on its investor relations website at ir.lucidmotors.com prior to the conference call. A replay of the webcast will be available at the same website after completion... Read More

Lucid Group (NASDAQ:LCID), which is setting new standards with its advanced luxury EVs, today announced initial customer deliveries of the Dream Edition launch versions of Lucid Air, which sets new benchmarks in range and efficiency for electric vehicles. The first group of Dream Edition reservation holders are invited to take... Read More

Lucid Group , which is setting new standards with its advanced luxury EVs, today unveiled pricing details of the full Lucid Air lineup for Canadian customers, which starts at $105,000 for Lucid Air Pure. Customers can now reserve all Lucid Air models online from $400 CAD at lucidmotors.com/en-ca/air/reserve . This is the first... Read More

Lucid Group, Inc. (the "Company"), which is setting new standards with its advanced luxury EVs, today announced that all of its public warrants (the "Public Warrants"), which have been listed and traded on The Nasdaq Stock Market ("Nasdaq") under the symbol "LCIDW," will be delisted from Nasdaq effective before market opens on October 13, 2021 . The Company previously announced the redemption (the "Redemption") of all Public... Read More

Lucid Group , which is setting new standards with its advanced luxury EVs, kicked off its Production Preview Week, a series of events during which Lucid opened the doors of its Advanced Manufacturing Plant (AMP-1) and Lucid Powertrain Manufacturing (LPM-1) factories in Casa Grande, Arizona , to members of the media and... Read More

Lucid Group , which is setting new standards with its advanced luxury EVs, today announced that the Lucid Air Dream Edition Range has received an official EPA rating of 520 miles of range. ¹ It is the longest-range electric vehicle ever rated by the EPA – delivering at least 100+ miles of additional range over its closest... Read More

Lucid Group , which is setting new standards with its advanced luxury EVs, today announced that the Company will redeem all of its outstanding public warrants (the "Public Warrants") to purchase shares of the Company's Class A common stock that were issued under the Warrant Agreement dated July 29, 2020 by and between the... Read More

Lucid Group , which is setting new standards with its advanced luxury EVs, today announced Production Preview Week at AMP-1 , a series of events the week of September 27, 2021 , during which Lucid will open the doors of its Advanced Manufacturing Plant (AMP-1) factory in Casa Grande to members of the media and financial... Read More

Lucid Group , which is setting new standards with its advanced luxury EVs, today announced that the limited-run Lucid Air Dream Edition will be produced in two distinct versions – the Dream Edition Performance and the Dream Edition Range – each highlighting a different facet of this exceptional electric luxury sedan. Dream... Read More