Lucid Air

Lucid Announces Q1 Production & Deliveries, Sets Date for First Quarter 2024 Results

Retrieved on: 
Tuesday, April 9, 2024
Lucid Motors, Lucid Air, Lucid, Q&A, Sale

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.

Key Points: 
  • 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.
  • Starting on April 22, 2024, at 2:30 pm PT / 5:30 pm ET, shareholders can submit questions by visiting: https://app.saytechnologies.com/lucid-group-2024-q1/ .

Academy of Art University School of Industrial Design Embarks on Innovative Collaboration with Lucid to Design Concepts for the Car of the Future

Retrieved on: 
Wednesday, April 3, 2024
Organization, Partnership, AAU, SAN, SVP, University, Academy of Art University, Student, Industrial, Creativity, Curriculum, Sustainability, Lucid Air, School, Management

The 90-day project, overseen by senior members of Lucid's award-winning design team, challenges Academy of Art students to conceive designs that transcend traditional notions of mobility.

Key Points: 
  • The 90-day project, overseen by senior members of Lucid's award-winning design team, challenges Academy of Art students to conceive designs that transcend traditional notions of mobility.
  • Students are encouraged to explore everything from tangible enhancements to existing Lucid products to the creation of new, future-focused designs and concepts that reimagine driving.
  • Through this strong ongoing collaboration, former Academy of Art University faculty members and graduates have gone on to careers at Lucid, underscoring the quality of education and real-world training provided by the School of Industrial Design.
  • Academy of Art University maintains a strong commitment to hiring industry professionals able to impart real-world industry insight to students.

Lucid Motors and NeueHouse Announce Exclusive Programming Partnership, Advancing Shared Mission for Creative Progress

Retrieved on: 
Thursday, March 14, 2024
ART, Culture, Environment, Lucid Motors, Partnership, Beauty, House Party, Streets, NeueHouse, Poetry, Exhibition, Music, Lucid Air, Artnet, Lunch, Very important person, Nightclub

LOS ANGELES, March 14, 2024 /PRNewswire/ -- Lucid Motors, setting new standards for luxury electric experience with the Lucid Air, America's most awarded new luxury vehicle1, and NeueHouse, the private work and social home for creative and professional progress, announce an exclusive programming partnership for 2024.

Key Points: 
  • LOS ANGELES, March 14, 2024 /PRNewswire/ -- Lucid Motors, setting new standards for luxury electric experience with the Lucid Air, America's most awarded new luxury vehicle1, and NeueHouse, the private work and social home for creative and professional progress, announce an exclusive programming partnership for 2024.
  • Lucid's selection of NeueHouse as its cultural programming partner reflects a shared belief that sustainable progress requires not only technological advancements, but also collaboration and inspiration from diverse creative minds.
  • In addition to programming activations, members will gain access to exclusive in-vehicle experiences and Lucid events.
  • By partnering with Lucid, NeueHouse furthers its mission to foster an environment where cross-disciplinary creativity leads to groundbreaking innovations.

Lucid drives ahead: In Geneva, the American manufacturer presents new electric cars and expansion plans for Europe

Retrieved on: 
Monday, February 26, 2024
EV, Lucid, Lucid Air, SUV, RWD, Geneva International Motor Show, Atmosphere of Earth, Lucid Motors, Acceleration, Gravity, Ventilation, WLTP, Massage, Electric motor

What unites all Lucid cars is a proprietary technology that allows the automotive technology of tomorrow to be experienced today.

Key Points: 
  • What unites all Lucid cars is a proprietary technology that allows the automotive technology of tomorrow to be experienced today.
  • Based in prime locations, the studios deliver an immersive and informative experience around the brand and the flagship model Lucid Air.
  • In addition, the brand plans to significantly expand the European Lucid service network, both with permanent locations and mobile solutions.
  • Lucid is expanding the opportunity for European electric vehicle enthusiasts and potential buyers to experience the Air up close.

Lucid Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, February 21, 2024
EV, Regulation, Lucid Air, Growth, Sale, Disclosure, Interim, Atmosphere of Earth, Regulation Fair Disclosure, Lucid Motors, Gravity

On a full-year basis, the Company produced 8,428 vehicles, meeting the higher end of the 2023 annual production guidance of 8,000 to 8,500 vehicles, and delivered 6,001 vehicles in 2023.

Key Points: 
  • On a full-year basis, the Company produced 8,428 vehicles, meeting the higher end of the 2023 annual production guidance of 8,000 to 8,500 vehicles, and delivered 6,001 vehicles in 2023.
  • Lucid reported fourth quarter revenue of $157.2 million and annual revenue of $595.3 million, ending the quarter with approximately $4.78 billion of total liquidity.
  • "In 2023, we made our first strategic technology arrangement, gained market share, completed the Air lineup, and unveiled Gravity.
  • We are entering the next transformational phase of the Lucid vehicle lineup and are laser-focused on growth."

The Lucid Air Now Starts at $69,900 and Comes with New Benefits that Make It Easier than Ever to Own America's Most Awarded New Luxury Electric Vehicle

Retrieved on: 
Thursday, February 15, 2024
EVS, EV, Lucid Air, Ease, RWD, Lucid Motors, Atmosphere of Earth, Climate change

With an expanded ownership experience, Lucid is directly addressing the reasons people most commonly cite as barriers to purchasing or leasing electric vehicles: Price and Ease of Ownership.

Key Points: 
  • With an expanded ownership experience, Lucid is directly addressing the reasons people most commonly cite as barriers to purchasing or leasing electric vehicles: Price and Ease of Ownership.
  • Now starting at $69,9001, the Lucid Air Pure rear-wheel drive (RWD) is priced as Lucid originally envisioned and represents extraordinary value.
  • The Air Pure RWD features a sleek exterior design that reflects Air's title as the most aerodynamic car currently on the market.
  • The Lucid Air Touring adds all-wheel drive and even greater performance, with two motors making a combined 620 hp.

Saks Announces First-Ever Electric Vehicle Partnership with Lucid

Retrieved on: 
Tuesday, February 6, 2024
Partnership, Rem Koolhaas, Atmosphere of Earth, Element, Car, Saks Fifth Avenue, Social media, EPA, Lucid Air, Department store

NEW YORK, Feb. 6, 2024 /PRNewswire/ -- Saks, the premier luxury ecommerce platform, and Lucid, the luxury electric vehicle company, have launched a multifaceted partnership across the Saks Fifth Avenue ecosystem.

Key Points: 
  • NEW YORK, Feb. 6, 2024 /PRNewswire/ -- Saks, the premier luxury ecommerce platform, and Lucid, the luxury electric vehicle company, have launched a multifaceted partnership across the Saks Fifth Avenue ecosystem.
  • Through this unprecedented partnership, which marks Saks' first-ever collaboration with an electric vehicle company, Saks will offer exclusive demo drive experiences of Lucid's award-winning car, the Lucid Air, at select Saks Fifth Avenue store locations.
  • "We're committed to utilizing the entirety of the Saks Fifth Avenue ecosystem to introduce our customers to the best in luxury," said Marc Metrick, CEO of Saks.
  • "Our partnership with Saks, a longtime authority in the luxury space, blends our technology and design excellence with high-end retail in an incredible collaboration," said Peter Rawlinson, CEO/CTO of Lucid.

Lucid Appoints Matt Everitt as General Counsel

Retrieved on: 
Tuesday, January 30, 2024
General counsel, Lucid Motors, Washington and Lee University, Assistant United States Attorney, Lucid, Government, White & Case, Mercedes-Benz, White, Columbia University, Lucid Air, Growth, Management

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.

Key Points: 
  • 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 growth plans.
  • "We are delighted to welcome Matt to Lucid and to California," said Peter Rawlinson, CEO and CTO, Lucid Group.
  • Mr. Everitt joins Lucid after 12 years at Mercedes-Benz, where he held several leadership roles in both the U.S. and Germany, most recently as General Counsel of Mercedes-Benz North America.

Lucid Announces Q4 Production & Deliveries, Sets Date for Fourth Quarter 2023 Results

Retrieved on: 
Thursday, January 11, 2024
Q&A, Lucid Motors, Lucid Air, Lucid

Lucid produced 2,391 vehicles during Q4 and delivered 1,734 vehicles during the same period.

Key Points: 
  • 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, February 21, 2024, at 2:30 pm PT / 5:30 pm ET.
  • Starting on February 7, 2024, at 2:30 pm PT / 5:30 pm ET, shareholders can submit questions by visiting: https://app.saytechnologies.com/lucid-group-2023-q4/ .

Lucid Announces Departure of Chief Financial Officer Sherry House

Retrieved on: 
Monday, December 11, 2023
Principal, Accounting, Growth, Lucid Motors, Lucid Air, House, CFO, Management, Lucid

NEWARK, Calif., Dec. 11, 2023 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), today announced Sherry House, Chief Financial Officer (CFO) of Lucid Group, Inc. ("Lucid" or the "Company"), informed the Company that she is resigning from her position, effective immediately, to pursue other opportunities.

Key Points: 
  • NEWARK, Calif., Dec. 11, 2023 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), today announced Sherry House, Chief Financial Officer (CFO) of Lucid Group, Inc. ("Lucid" or the "Company"), informed the Company that she is resigning from her position, effective immediately, to pursue other opportunities.
  • Ms. House will be available in an advisory role through December 31, 2023, to assist in the transition of her duties.
  • Gagan Dhingra, Lucid's current Vice President of Accounting and Principal Accounting Officer, will additionally serve as interim Chief Financial Officer and Principal Financial Officer, effective immediately, while Lucid's search for a replacement CFO is underway.
  • "I want to thank Sherry for her contributions to the company during her tenure," said Peter Rawlinson, Lucid's Chief Executive Officer (CEO) & Chief Technology Officer (CTO).