About Lucid Group, Inc. (LCID)

Company Description:

Lucid Group, Inc., a trailblazer in the electric vehicle (EV) industry, focuses on creating advanced and luxurious electric vehicles. Known for its innovative approach in EV technology and design, Lucid Group, Inc. operates primarily in the Auto Manufacturers sector within the Consumer Cyclical industry.

The company was founded and established with a vision to set new standards in the EV market. Its headquarters is located in Newark, California, United States.

Main Product(s):

Lucid Group is renowned for its high-performance, luxury electric vehicles, emphasizing advanced EV technology, superior range, and exceptional performance.

Short History of Lucid Group, Inc:

• 2007 – The company was initially founded as Atieva, focusing on building electric vehicle technology.
• 2016 – The company rebranded as Lucid Motors, emphasizing the development of luxury electric cars.
• 2020 – Lucid unveiled its first car, the Lucid Air, showcasing groundbreaking EV technology and performance.
• 2021 – Lucid Motors went public through a SPAC merger, changing its name to Lucid Group, Inc. (LCID).
• 2023 – Lucid continued to expand its market presence, focusing on innovation and sustainability in the EV sector.