Lucid Motors
An American automotive and technology company specializing in luxury electric vehicles and advanced powertrain systems.
WikipediaFounded in 2007 as Atieva, Lucid Motors is based in Newark, California. The company manufactures electric vehicles, including the luxury Lucid Air sedan and the Lucid Gravity SUV, and supplies electric powertrain technology to other automakers such as Aston Martin.
Lucid operates manufacturing facilities in Casa Grande, Arizona, and an international plant (AMP-2) in Saudi Arabia. The company is majority-owned by Saudi Arabia's Public Investment Fund (PIF), which holds a stake of approximately 60% following a 2021 public listing on the Nasdaq under the ticker LCID.
In 2024, the company delivered 10,241 vehicles and has set a 2025 production guidance of approximately 20,000 vehicles. Recent developments include a commercial agreement with Uber to supply at least 35,000 vehicles for a planned global robotaxi network.