Electric vehicle company based in Newark, California, United States
This article is about an electric car company. For the race car company, see Lucidi Motors.
Lucid Group, Inc.
Lucid Studio at Miami Worldcenter, Miami in 2023
Formerly
Atieva, Inc.
Company type
Public
Traded as
Nasdaq: LCID (Class A)
Russell 1000 component
ISIN
US5494981039
Industry
Automotive
Founded
2007; 17 years ago (2007)
Founders
Bernard Tse
Sam Weng
Sheaupyng Lin
Headquarters
Newark, California, U.S.
Key people
Peter Rawlinson (CEO, CTO)
Andrew Liveris (Chairman)
Sam Weng (COO)
Production output
8,428 (2023)
Revenue
US$595 million (2023)
Operating income
−US$3.1 billion (2023)
Net income
−US$2.8 billion (2023)
Total assets
US$8.51 billion (2023)
Total equity
US$4.85 billion (2023)
Owner
Public Investment Fund (61.1%)
Number of employees
c. 6,500 (2023)
Website
www.lucidmotors.com
Footnotes / references [1][2][3][4]
Lucid Group, Inc. is an American manufacturer of luxury electric vehicles, headquartered in Newark, California.[5] Lucid vehicles are designed in California and manufactured at Lucid's factory in Arizona. The company was founded in 2007.[6] Since April 2019, Lucid has been majority-owned by Public Investment Fund, the sovereign wealth fund of Saudi Arabia.[7]
The first Lucid vehicle, the Lucid Air, is offered in several trim levels, including the Lucid Air Pure. Other Lucid Air trim levels include the Lucid Air Touring and Grand Touring models, the latter available in Performance equipment level as well. The company's second model, the Lucid Gravity SUV EV is scheduled to be commercially available in 2024.
^"Lucid Group, Inc. 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 27, 2024.
^"Lucid Group, Inc. 2022 Proxy Statement (Form DEF 14A)". U.S. Securities and Exchange Commission. April 28, 2022.
^Rosevear, John (January 12, 2023). "Electric luxury-car maker Lucid produced more vehicles in 2022 than expected". CNBC.
^"Atieva will launch its Tesla competitor by December". Recode. October 20, 2016. Retrieved October 21, 2016. the factory will be built in Casa Grande, which happens to be one of the locations [for] Gigafactory to produce battery packs for Tesla vehicles. That facility ended up in Nevada. "Arizona is not going to want to lose out a second time"
^"On the Move: Lucid's New California Headquarters". Lucid. Lucid Motors Inc. Archived from the original on January 3, 2018. Retrieved January 3, 2018.
^Eric C. Evarts. "Lucid Motors gets real as Saudi funding comes through". Green Car Reports. Retrieved October 7, 2019.
the Lucid Gravity SUV EV is scheduled to be commercially available in 2024. Lucid was founded in 2007 under the name Atieva by former Tesla Motors Vice...
The Lucid Air is a battery electric 4-door luxury sedan made by LucidMotors. Announced in December 2016 and sold starting in 2021, it is designed to compete...
Florida in 2009 as Mainstream Motors by Robert "RJ" Scaringe. After being renamed as Avera Automotive or Avera Motors, and finally Rivian Automotive...
a lucid dream is a type of dream wherein a person that is dreaming realizes that they are dreaming during their dream. The capacity to have lucid dreams...
involvement with LucidMotors started in 2014, when LeEco, along with other investors, invested $100 million into Atieva (LucidMotors's former name). In...
General Motors Corporation. United States Government Printing Office. Lassa, Todd (September 15, 2008). "Happy 100th Birthday, General Motors". Motor Trend...
exported to other continents. See LucidMotors for a more for a more detailed description American car company Lucid based in Newark, California manufactures...
30,000 units in the region, falling far short of General Motors' 88,852 units and Nissan Motors' 75,000 units. In South America, Ford's primary operations...
design and brand at LucidMotors. He is known for his contribution to the design of the Mazda MX-5 (fourth generation) as well as the Lucid Air. Jenkins was...
software development company Lucid Games, a British videogame company Lucid Records, an American independent record label LucidMotors, an electric car company...
performance-based, as well as Hyundai Motor Group having its two mainstream brands, Kia Motors and Hyundai Motor Company focusing on performance and mid-luxury...
General Motors brand diversification and hierarchy strategy that he had become familiar with when he worked in the Buick division at General Motors. He then...
Local Motors was an American motor vehicle manufacturing company focused on low-volume manufacturing of open-source motor vehicle designs using multiple...
Cadillac Motor Car Division, or simply Cadillac, (/ˈkædɪlæk/) is a division of the American automobile manufacturer General Motors (GM) that designs and...
of the manufacturer General Motors (GM). Louis Chevrolet (1878–1941), Arthur Chevrolet (1884–1946) and ousted General Motors founder William C. Durant (1861–1947)...
Alpha Motor Corporation (commonly known as Alpha) is an American electric vehicle company headquartered in Irvine, California. Established in 2020 by...
Rezvani Motors is an American automotive designer and manufacturer of high-performance sports cars based in Irvine, California. Rezvani Motors was founded...
and was the company that established General Motors in 1908. Before the establishment of General Motors, GM founder William C. Durant had served as Buick's...
served as executive chairman of DowDuPont. He is chairman of the board of LucidMotors. Liveris was born in Darwin, Australia. He is the grandson of Greek immigrants...
General Motors (GM) as the General Motors Acceptance Corporation (GMAC) to provide financing to automotive customers. In 1939, the company founded Motors Insurance...
Global Information
US$595 million (2023)
US$8.51 billion (2023)