The Lucid Motors is an American automotive company that specializes in electric vehicles (EVs). Lucid Motors was founded in 2007 under the name Atieva by Sam Weng and Bernard Tse, later rebranded as Lucid Motors. Lucid Auto’s company is headquartered in Newark, California. The Lucid Air, a luxury electric sedan is Lucid’s flagship model, It was unveiled in September 2020 and is designed to compete with other high-end EVs like Tesla’s Model S.
Lucid Motors is known for its advanced electric vehicle technology. The Lucid Air boasts impressive performance figures, with various versions offering different ranges and power outputs. Some versions are capable of over 500 miles of range on a single charge. Lucid Motors manufactures its EV cars in Casa Grande, Arizona. The factory is known as the Lucid AMP-1 (Advanced Manufacturing Plant 1).
Lucid Motors primarily competes with Tesla in the luxury electric vehicle market. The company received significant investments from Saudi Arabia’s Public Investment Fund and other investors to support its growth and development. Lucid Motors has plans to expand its product lineup beyond the Lucid Air, including the development of an electric SUV. The vehicle supported fast-charging capabilities, allowing for quicker recharge times when using compatible charging stations. Lucid Motors positioned itself as a luxury EV brand, and as such, the Lucid Air is priced at a premium compared to some other electric cars on the market.
Lucid Air: The Lucid Air was praised for its impressive performance, with multiple trim levels offering different levels of power and range. It was known for its quick acceleration and smooth ride. Lucid Motors aimed for a luxurious and high-tech interior with high-quality materials and a large touchscreen infotainment system. The cabin was spacious and well-designed, offering a comfortable driving experience. Lucid Air featured advanced driver-assistance systems (ADAS) and semi-autonomous driving capabilities, making it a contender in the growing field of EVs with self-driving features.
Lucid Gravity: Lucid Gravity is an all-electric sport utility vehicle from Lucid. TheLucid Gravity is expected to share most of its mechanical parts and interior design with the Air, so we’re looking at big horsepower, a big battery pack (up to 112 kWh), and a stylish model. The cabin is equipped with modern amenities. A growing number of competitors such as the Audi Q8 e-tron, Cadillac Lyriq, Jaguar I-Pace, and Tesla Model X have already started to lay claim to the luxury EV SUV space when Gravity arrives.
Manufacturer: Lucid Motors
Type: Luxury vehicles company
Headquarters: Newark, California, United States
Revenue: 608.2 million USD (2022)
Founders: Bernard Tse, Sam Weng, Sheaupyng Lin
Owner: Public Investment Fund (61.1%)
Number of employees: 7,200 (2022)
Production output: 7,180 (2022)