Produced 1,805 vehicles in Q3; on track for annual production of approximately 9,000 vehiclesDelivered 2,781 vehicles in Q3; up 90.9% compared to Q3 2023Q3 revenue of $200.0 millionGAAP net loss per share of $(0.41); non-GAAP net loss per share of $(0.28)Ended the quarter with approximately $5.16 billion in total liquiditySubsequent to the third quarter, completed a capital raise of approximately $1.75 billion in October 2024NEWARK, Calif., Nov. 7, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced financial results for its third quarter ended September 30, 2024. The earnings presentation is available on its investor re

Lucid Gravity Grand Touring starts at $94,900* and is available to order now, while Lucid Gravity Touring will start at $79,900*, with production scheduled for late 2025.Lucid Gravity delivers an expansive interior that comfortably seats up to seven adults and offers up to 120 cubic feet of cargo capacity.Grand Touring is projected to have more than 440 miles of range.1All standard and optional packages for Lucid Gravity Grand Touring can be found now on the "Design Yours" configurator at LucidMotors.com.NEWARK, Calif., Nov. 7, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced the availability of the Lucid Gravity Gran

Lucid Gravity Touring priced from $79,900, with Grand Touring trim priced from $94,900 and scheduled to start production in late 2024 NEWARK, Calif., Oct. 29, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced customer orders for the Lucid Gravity will open on November 7, 2024, at 9:00 am Pacific Time. Orders will initially be taken for the Grand Touring trim, priced from $94,900 and offering more than 800 horsepower and a projected range surpassing 440 miles.1  The Lucid Gravity Grand Touring is scheduled to begin production in late 2024 and the Lucid Gravity Touring is planned for late 2025, with pricing starting at $

NEWARK, Calif., Oct. 28, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced the Lucid Air has earned five stars, the highest possible overall safety rating, from the National Highway Traffic Safety Administration's New Car Assessment Program for 2025. The Lucid Air Pure, Touring, Grand Touring, and Sapphire received the maximum five-star scores for overall safety in frontal crash, side crash, and rollover testing. NHTSA's New Car Assessment Program, the U.S. government's premier consumer information progr

NEWARK, Calif., Oct. 17, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID, ", Lucid", ))) announced today that it priced its underwritten public offering of 262,446,931 shares of its common stock. The underwriter may offer the shares of common stock from time to time for sale in one or more transactions to purchasers directly, through agents or through brokers in brokerage transactions on Nasdaq, in the over-the-counter market, through negotiated transactions or in a combination of such methods, or otherwise at a fixed price or prices, which may be changed, at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. The public of

NEWARK, Calif., Oct. 16, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID, ", Lucid", ))) announced today the commencement of a public offering of 262,446,931 shares of its common stock. The underwriter may offer the shares of common stock from time to time for sale in one or more transactions to purchasers directly, through agents or through brokers in brokerage transactions on Nasdaq, in the over-the-counter market, through negotiated transactions or in a combination of such methods, or otherwise at a fixed price or prices, which may be changed, at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices.

Advanced electric car company to provide complimentary cars for guest use at participating Four Seasons hotels and resorts beginning this month TORONTO and NEWARK, Calif., Oct. 14, 2024 /PRNewswire/ -- Global luxury hospitality leader Four Seasons and Lucid Group, Inc., maker of the world's most advanced electric vehicles, announce a new partnership grounded in a shared vision of an exceptional, sustainable lifestyle. The collaboration underscores both companies' commitment to environmental stewardship and responds to a growing guest desire for added flexibility and unique, eco-friendly experiences during their stay.

NEWARK, Calif., Oct. 7, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced production and delivery totals for the quarter ended September 30, 2024. During this period, Lucid produced 1,805 vehicles and delivered 2,781 vehicles, of which approximately 8% were subject to operating lease accounting.1 Lucid will host a conference call to discuss its third quarter 2024 financial results on Thursday, November 7, 2024, at 2:30 pm PT / 5:30 pm ET. Prior to the conference call, the company will issue an earnings p

CASA GRANDE, Ariz., Sept. 10, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, showcased the forthcoming Lucid Gravity SUV, its enabling technologies, and presented an independent third party analysis of the cost effectiveness of manufacturing these innovations at its Technology & Manufacturing Day, held today at the company's Arizona factory. Additionally, Lucid announced that through August 31, 2024, the company has already delivered more cars in 2024 than in all of 2023. "Today demonstrates how the Lucid Gravity is

DreamDrive™ Pro, Lucid's optional Advanced Driver Assistance System (ADAS), is augmented with Lane Change Assist, 3D lane visualization, and curve control.A new Lucid Assistant voice control system allows easier voice control of navigation and audio systems, climate control, heated seats, and more.Updated software includes more than a dozen other updates, enhancements, and fine tuning requested by Lucid Air owners.NEWARK, Calif., Sept. 9, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today launched Lucid UX 2.4, a major software update for the Lucid Air. It introduces an enhanced version of DreamDrive Pro, Lucid's optional Advance

4 - Lucid Group, Inc. (0001811210) (Issuer)

NEWARK, Calif., June 25, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, announced the appointment of Nick Twork as Head of Global Communications. Twork will oversee Lucid's global communications team, which includes worldwide product, corporate, financial and internal communications; media relations; and social media. Twork will help Lucid's world-class executive team support and amplify the company's mission, working closely across all divisions internationally. He will report directly to Lucid CEO and CTO Peter Raw

Former Intel, National Grid Executive Brings Technology and Sustainability Leadership to the Company NEWARK, Calif., June 4, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced the election of Lisa M. Lambert to its board of directors effective immediately. Lambert was elected at Lucid's 2024 Annual Meeting of Stockholders and will bring extensive technology experience to Lucid after having led sustainability, infrastructure and technology projects at companies ranging from Intel to National Grid.  "Lucid'

Experienced international automotive leader to guide Company's overarching legal strategy, as Lucid enters its next phase of growth NEWARK, Calif., Jan. 30, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards for luxury electric experience with the Lucid Air, selected to Car and Driver's 10Best list for 2024, is pleased to announce the appointment of Matt Everitt as General Counsel. In this role, Mr. Everitt is responsible for overseeing Lucid Group's legal affairs globally and for providing strategic legal guidance to support the Company's ambitious gr

Sporty and stylish, the Lucid Air Pure RWD boasts an exceptional combination of range, driver-oriented performance, and innovative design.The Lucid Air Pure RWD is available for order immediately at a starting price of $77,400*.Lucid's ultra-efficient EV technology delivers greater range and performance without the cost and weight of ever-larger battery packs.NEWARK, Calif., Dec. 5, 2023 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), pioneering a new era of luxury electric experience with the Lucid Air, today revealed that after a rigorous evaluation process Car and Driver has selected the Lucid Air Pure to join its esteemed 10Best List for 2024, which recognizes vehicles that have impress

Newly created position will lead software engineering for the award-winning Lucid Air including ADAS, Audio, Infotainment, Embedded Software and Systems Architecture NEWARK, Calif., Aug. 25, 2022 /PRNewswire/ -- 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 Derrick Carty as Vice President of Platform Software Engineering, reporting directly to Michael Bell, Lucid's Senior Vice President of Digital. In this newly created role, Mr. Carty will lead Platform Software Engineering encompassing ADAS, Audio, CoreOS/Android Framework, Embedded Software, Con

Newly created position will lead operations, including supply chain, logistics, manufacturing, and quality NEWARK, Calif., Aug. 3, 2022 /PRNewswire/ -- 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 created role, Steven will lead operations encompassing supply chain, logistics, manufacturing, and quality. Mr. David brings decades of global experience and operational excellence from companies such as Stellantis and Chrysler,

NEWARK, Calif., Dec. 23, 2021 /PRNewswire/ -- 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 at various multi-national organizations. LCID) today announced the appointment of Gagan Dhingra as Vice President of Accounting and Principal Accounting Office

Produced 1,805 vehicles in Q3; on track for annual production of approximately 9,000 vehiclesDelivered 2,781 vehicles in Q3; up 90.9% compared to Q3 2023Q3 revenue of $200.0 millionGAAP net loss per share of $(0.41); non-GAAP net loss per share of $(0.28)Ended the quarter with approximately $5.16 billion in total liquiditySubsequent to the third quarter, completed a capital raise of approximately $1.75 billion in October 2024NEWARK, Calif., Nov. 7, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced financial results for its third quarter ended September 30, 2024. The earnings presentation is available on its investor re

NEWARK, Calif., Oct. 7, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced production and delivery totals for the quarter ended September 30, 2024. During this period, Lucid produced 1,805 vehicles and delivered 2,781 vehicles, of which approximately 8% were subject to operating lease accounting.1 Lucid will host a conference call to discuss its third quarter 2024 financial results on Thursday, November 7, 2024, at 2:30 pm PT / 5:30 pm ET. Prior to the conference call, the company will issue an earnings p

Produced 2,110 vehicles in Q2; on track for annual production of approximately 9,000 vehiclesDelivered 2,394 vehicles in Q2; up 70.5% compared to Q2 2023Q2 revenue of $200.6 millionEnded the quarter with approximately $4.28 billion of total liquiditySeparately, announced a commitment of $1.5 billion today from an affiliate of the Public Investment Fund (PIF)NEWARK, Calif., Aug. 5, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced financial results for its second quarter ended June 30, 2024. The earnings presentation is available on its investor relations website (https://ir.lucidmotors.com).

NEWARK, Calif., July 8, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced production and delivery totals for the quarter ended June 30, 2024. Lucid produced 2,110 vehicles and delivered 2,394 vehicles during this period.1   Lucid will host a conference call to discuss its second quarter 2024 financial results on Monday, August 5, 2024, 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 websit

Produced 1,728 vehicles in Q1; on track for annual production of approximately 9,000 vehiclesDelivered 1,967 vehicles in Q1, up 39.9% compared to Q1 2023Q1 revenue of $172.7 millionSuccessfully raised $1.0 billion via private placement to an affiliate of the Public Investment Fund (PIF)Ended the quarter with approximately $5.03 billion of total liquidityNEWARK, Calif., May 6, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced financial results for its first quarter ended March 31, 2024. The earnings presentation is available on its investor relations website (https://ir.lucidmotors.com).

NEWARK, Calif., April 9, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards for luxury electric experience with the Lucid Air, America's most awarded new luxury vehicle1, today announced production and delivery totals for the quarter ended March 31, 2024. Lucid produced 1,728 vehicles and delivered 1,967 vehicles during this period.*   Lucid will host a conference call to discuss its first quarter 2024 financial results on Monday, May 6, 2024, at 2:30 pm PT / 5:30 pm ET. Prior to the conference call, the company will issue an earnings press release wit

Delivered 1,734 vehicles in Q4 and 6,001 vehicles in 2023, up 37% compared to full year 2022Produced 2,391 vehicles in Q4 and 8,428 vehicles in 2023, meeting the higher-end of 2023 annual production guidance of 8,000 to 8,500 vehiclesQ4 revenue of $157.2 million and annual revenue of $595.3 millionEnded the quarter with approximately $4.78 billion of total liquidityLucid is embarking on the Company's next transformational phase, with the expansion of its vehicle lineup and total addressable market2024 production guidance of approximately 9,000 vehiclesNEWARK, Calif., Feb. 21, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards for luxury electric experience with the L

NEWARK, Calif., Jan. 11, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards for luxury electric experience with the Lucid Air, selected to Car and Driver's 10Best list for 2024, today announced production and delivery totals for the quarter ended December 31, 2023. Lucid produced 2,391 vehicles during Q4 and delivered 1,734 vehicles during the same period.*   On a full year basis in 2023, the company produced 8,428 vehicles and delivered 6,001 vehicles. Lucid will host a conference call to discuss its fourth quarter 2023 financial results on Wednesday,

NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- 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 18, 2023. The following six companies will be added to the Index: CDW Corporation (NASDAQ:CDW), Coca-Cola Europacific Partners plc (NASDAQ:CCEP), DoorDash, Inc. (NASDAQ:DASH), MongoDB, Inc. (NASDAQ:MDB), Roper Technologies, Inc. (NASDAQ:ROP), and Splunk Inc. (NASDAQ:SPLK). The Nasdaq-100 Index® is composed of 100 of the largest non-financial companies listed on The Nasdaq Stock Market® and dates to January 1985 when it was launched along with the Nasdaq Fina

Q2 revenue of $150.9 million driven by customer deliveries of 1,404 vehicles in the quarterBolstered balance sheet to $6.25 billion in total liquidity as of June 30, 2023Aston Martin selected Lucid to supply powertrain and battery system technology – contracts worth in excess of $450 million – further validating Lucid's superior technologyOriginal pricing reinstated with the Lucid Air All Wheel Drive starting at $82,400Finalized purchase agreement with Government of Saudi ArabiaStart of production for the Lucid Air Sapphire and the Lucid Air Pure Rear Wheel Drive on track for mid-SeptemberThe Lucid Gravity unveiling in November; start of production on track for late 2024NEWARK, Calif., Aug.