Lucid Motors
Lucid Motors is an American luxury battery electric vehicle manufacturer founded in 2007 and headquartered in California. The company entered the premium electric sedan market with its flagship model, the Lucid Air, which holds an EPA-certified range record among production electric vehicles. Its principal shareholder is the Saudi Arabian sovereign wealth fund (PIF).
Timeline (last 90 days)
Lucid Motors has reached a letter of intent with European mobility platform Bolt to explore autonomous ride-hailing services in the European market.
The cooperation between Lucid and Bolt has not yet resulted in any concrete vehicle orders.
Lucid Motors was founded in 2007 and is headquartered in California, USA.
Lucid entered the premium pure-electric sedan market with its flagship model, the Lucid Air, whose EPA range once broke the record for production electric vehicles.
Saudi Arabia's sovereign wealth fund (PIF) is Lucid's major shareholder, holding more than 60% of its shares.
Lucid's current annual sales volume remains small, with a significant gap compared to mainstream competitors such as Tesla and BMW.
Tesla tends to build its own Robotaxi network, while Lucid has chosen to partner with platform operators to reduce the risks and costs of early market entry.
All Facts (6)
Lucid Motors was founded in 2007 and is headquartered in California, USA.
50%UnverifiedLucid entered the premium pure-electric sedan market with its flagship model, the Lucid Air, whose EPA range once broke the record for production electric vehicles.
50%UnverifiedSaudi Arabia's sovereign wealth fund (PIF) is Lucid's major shareholder, holding more than 60% of its shares.
50%UnverifiedLucid's current annual sales volume remains small, with a significant gap compared to mainstream competitors such as Tesla and BMW.
50%UnverifiedTesla tends to build its own Robotaxi network, while Lucid has chosen to partner with platform operators to reduce the risks and costs of early market entry.
50%UnverifiedLucid Motors has reached a letter of intent with European mobility platform Bolt to explore autonomous ride-hailing services in the European market.
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