Lucid Group Inc (LCID)

Laying off another 18% of US workers making the 2026 total 30% since the 1st of the year.

BANKRUPTCY LOOMS LARGE FOR THIS OVERPRICED BATTERY OPERATED CAR COMPANY LIKE SO MANY BEFORE THEM.

Lost Money on Lucid Group, Inc. (LCID)? Join Class Action Suit Seeking Recovery - Contact SueWallStJune 18, 2026 10:07 AM
PR Newswire (US) Critical Information: $1.57 Per Share in Combined Losses Quantifies Alleged Investor Damages After Lucid Group Concealed a 29-Day Delivery Halt That Erased Significant Market ValueNEW YORK, June 18, 2026 /PRNewswire/ -- SueWallSt reminds purchasers of Lucid Group, Inc. (NASDAQ: LCID) securities of a pending securities class action. THE CASE: A class action seeks to recover damages for investors who purchased Lucid securities between February 25, 2026 and April 13, 2026.YOUR OPTIONS: You may be entitled to compensation without payment of any out-of-pocket fees. Find out if you qualify to recover your per-share losses or contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com or (888) SueWallSt.From a closing price of $9.96, LCID shares declined to $8.80 following two corrective disclosures, a combined loss of $1.57 per share representing approximately 15.8% of shareholder value. The last day to move for lead plaintiff is July 28, 2026.The April 3 After-Hours DisclosureThe first corrective event occurred during post-market hours on April 3, 2026. Lucid announced Q1 2026 production of 5,500 vehicles but only 3,093 deliveries, a gap of 2,407 vehicles. For the first time, the Company disclosed that Gravity SUV deliveries had been halted for 29 days because of defective second-row seat components traceable to an unauthorized supplier substitution. Reuters reported that the disruption hit hardest in February 2026, the same month management assured investors that quality problems had been "overcome." Over the following two trading sessions, shares fell $1.13, or 11.35%, to close at $8.83 on April 7, 2026.The Alleged $1 Billion Revenue RevelationOn April 14, 2026, a Form 8-K filing disclosed preliminary Q1 revenue of $280 million to $284 million. Analysts had expected $433.8 million. The shortfall of roughly $150 million in a single quarter, combined with operating losses approaching $1 billion and a dilutive $1.05 billion capital raise, triggered an additional $0.44 per share decline, or 4.76%, to close at $8.80.Alleged Investor Damages and Loss CausationThe lawsuit maintains that each of these disclosures removed a layer of artificial inflation from LCID's share price, inflation allegedly created by management's repeated assurances of "repeatable" operations and "structural" improvements.The first corrective disclosure removed $1.13 per share in alleged artificial inflation when the 29-day delivery halt was revealedThe second corrective disclosure removed an additional $0.44 per share when Q1 revenue came in $150 million below consensusCombined losses of $1.57 per share represent the difference between the price investors paid relying on allegedly false statements and the price that reflected disclosed realityGAAP EPS of negative $3.46 missed estimates by $0.83, further confirming the magnitude of operational deteriorationDeliveries fell 41% short of the 5,237 vehicles analysts expected, a gap of 2,144 units directly tied to the concealed supplier defectTD Cowen slashed its price target from $19 to $10, citing "tougher start to the year" and execution riskJoin the LCID recovery action or call Joseph E. Levi, Esq. at (888) SueWallSt."When companies fail to disclose material information, shareholders may suffer significant losses. In this case, the market repriced Lucid shares twice in eleven days as concealed supplier failures and their financial consequences became public, resulting in combined per-share losses of $1.57." -- Joseph E. Levi, Esq.ABOUT SUEWALLST -- Over the past 20 years, SueWallSt has secured hundreds of millions of dollars for aggrieved shareholders. The firm has extensive expertise in complex securities litigation and a team of over 70 employees. For seven consecutive years, SueWallSt has ranked in ISS Securities Class Action Services' Top 50 Report.Frequently Asked Questions About the LCID LawsuitQ: How much did LCID stock drop? A: Shares fell a combined $1.57 per share, approximately 15.8%, across two corrective disclosure events on April 3-7, 2026 and April 14, 2026. Investors who purchased shares during the class period at artificially inflated prices may be entitled to compensation.Q: What specific misstatements does the LCID lawsuit allege? A: The complaint alleges Lucid made materially false or misleading statements regarding its manufacturing and delivery capabilities, specifically concealing a 29-day supplier-driven delivery halt affecting the Gravity SUV while touting "repeatable" and "structural" operational improvements. When the true state was revealed, the stock price declined sharply.Q: What do LCID investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact SueWallSt for a free, no-obligation evaluation at jlevi@SueWallSt.com or (888) SueWallSt. No immediate action is required to remain eligible as a class member.Q: What if I already sold my LCID shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.Q: How long will the lawsuit take to resolve? A: Securities class actions typically take two to four years from initial filing to resolution.Q: What if I missed the lead plaintiff deadline? A: The deadline applies only to investors seeking lead plaintiff appointment. Class members who miss it can still participate in any settlement or recovery.CONTACT:
SueWallSt
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi @Icons1 View original content to download multimedia:https://www.prnewswire.com/news-releases/lost-money-on-lucid-group-inc-lcid-join-class-action-suit-seeking-recovery---contact-suewallst-302803931.htmlSOURCE SueWallSt.com Original: Lost Money on Lucid Group, Inc. (LCID)? Join Class Action Suit Seeking Recovery - Contact SueWallSt

Uber, Nuro and Lucid Target Houston Robotaxi Launch in 2027June 17, 2026 8:47 AM
IH Market News Uber Technologies (NYSE:UBER), Nuro and Lucid Group (NASDAQ:LCID) have unveiled plans to introduce a robotaxi service in Houston by mid-2027, expanding their autonomous mobility partnership beyond the San Francisco Bay Area, where operations are scheduled to begin later this year. The announcement represents the second planned deployment under the companies’ joint autonomous vehicle initiative as they pursue broader expansion across multiple markets. Service to Operate Through Uber Platform The robotaxi network will be available exclusively through Uber’s platform and will utilize Lucid Gravity electric vehicles integrated with Nuro’s Level 4 autonomous driving technology. The partners said they intend to scale the programme significantly over time, targeting deployment across dozens of markets worldwide and aiming for a fleet of at least 35,000 autonomous vehicles globally. Testing Efforts Continue in Texas and California Nuro is currently conducting around-the-clock autonomous vehicle testing with safety operators in both Houston and the San Francisco Bay Area. Its engineering fleet now includes nearly 100 test vehicles operating across California and Texas as the company continues to refine and validate its self-driving technology. Meanwhile, Lucid has begun producing the first validation units of its robotaxi vehicles at its manufacturing facility in Arizona, where they will initially be used for safety and performance testing. Houston Infrastructure Already Taking Shape To support the future launch, Uber has secured a 50,000-square-foot depot facility in Houston, along with a dedicated charging site. The infrastructure will be used for fleet charging, maintenance, repairs and vehicle cleaning, providing the operational foundation needed to support large-scale autonomous transportation services. Partnership Advances Long-Term Autonomous Strategy The collaboration between Uber, Nuro and Lucid was originally announced in July 2025 and forms part of Uber’s broader effort to expand autonomous mobility offerings. Nuro brings substantial local experience to the initiative, having maintained operations in Houston since 2019 and previously conducted Level 4 autonomous driving activities on public roads throughout the city. Expansion Plans Extend Beyond Initial Markets The companies view Houston as a key milestone in their long-term strategy to bring autonomous transportation to a broader customer base. “Houston marks an important next step in our partnership with Lucid and Nuro as we expand autonomous mobility to more riders throughout the world,” said Sarfraz Maredia, Global Head of Autonomous Mobility & Delivery at Uber. With launches planned in both California and Texas, the partnership is positioning itself for a wider rollout as autonomous vehicle adoption continues to advance. Uber Technologies stock price Lucid Group stock priceThe post Uber, Nuro and Lucid Target Houston Robotaxi Launch in 2027 appeared first on US Editors. Original: Uber, Nuro and Lucid Target Houston Robotaxi Launch in 2027

Wow am I glad I sold this right after the RS . I lost a lot but still the best thing I ever did . This is going to do another RS . It’s all over for this

Lucid Rolls Out Hands-Free Driving Assist and New Software Features for Lucid Gravity in North AmericaJune 8, 2026 4:35 PM
PR Newswire (US) NEWARK, Calif., June 8, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced software-defined vehicles and technologies, today announced it has begun the rollout of its latest over-the-air software update for the Lucid Gravity SUV. The update introduces hands-free driving capabilities along with enhancements to navigation, charging experience, and everyday usability. Hands-Free Driving Comes to Lucid Gravity Vehicles with DreamDrive™ 2 Pro Hands-free drive assist makes highway driving more comfortable while keeping drivers attentive to the road. Hands-Free Drive Assist supports steering, acceleration, and braking on compatible highways in North America. When the driver signals, Hands-Free Lane Change can guide the vehicle into an adjacent lane when it is safe to do so. Automatic Lane Change can also initiate passing maneuvers to overtake slower traffic.Smarter Navigation with Google Maps™ Places IntegrationLucid Navigation now integrates Google Maps™ Places API to provide richer, more contextual search results. Drivers can view improved business details, ratings, photos, and parking information, along with enhanced charging station listings that include more accurate real-time availability and recent imagery.Adaptive Driving Beam Headlights for More-Confident Night Driving Adaptive Driving Beam, available on DreamDrive™ Premium and DreamDrive™ 2 Pro, improves nighttime visibility by maintaining high beams while dynamically adjusting around other vehicles to reduce glare.New Insights About Charging and Energy Efficiency New features such as Advanced Preconditioning View and Predictive Charging Power provide greater transparency into battery temperature and expected peak charging performance before plugging in.Note: This announcement is applicable to Lucid Gravity vehicles in North America. Future availability of these features in markets outside of North America may vary and will be communicated at a later date.More details on this update can be found here: https://lucidmotors.com/stories/lucid-gravity-ux-3-6Disclaimer: Hands-Free Drive Assist and Hands-Free Lane Change Assist are not a replacement for safe, attentive driving or a driver's judgment. Drivers should remain focused on the road and their surroundings at all times.?Do not use with a hand-held device.?Only use on compatible roads as indicated via an in-vehicle alert. Visibility, weather and road conditions may affect feature performance. More details and limitations will be available in your Owner's Manual. DreamDrive™ 2 Pro is an optional feature.About Lucid Group
Lucid Group, Inc. (NASDAQ: LCID) is a technology company creating exceptional mobility experiences through innovation to drive the world forward. Built on Lucid's proprietary technology and software defined vehicle architectures, the company's lineup of award-winning vehicles brings Lucid's "Compromise Nothing™" approach to premium segments of the global automotive market. Lucid designs and engineers its products in-house and assembles at its vertically integrated facilities in Arizona and Saudi Arabia, enabling continuous innovation across vehicles, software, and advanced driver assistance and autonomy-ready capabilities.Forward-Looking Statements
This communication includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "shall," "expect," "anticipate," "believe," "seek," "target," "continue," "could," "may," "might," "possible," "potential," "predict" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, features, performance specifications and starting price of each of 2027 Lucid Gravity models, the features and the starting price of the packages, and Lucid's strategy. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of Lucid's management. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond the control of Lucid. These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed under the cautionary language and the Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2025, subsequent Current Reports on Form 8-K, and other documents Lucid has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or Lucid's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lucid currently does not know or that Lucid currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lucid's expectations, plans or forecasts of future events and views as of the date of this communication. Lucid anticipates that subsequent events and developments will cause Lucid's assessments to change. However, while Lucid may elect to update these forward-looking statements at some point in the future, Lucid specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Lucid's assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.Media Contact
media@lucidmotors.comTrademarks
This communication contains trademarks, service marks, trade names and copyrights of Lucid Group, Inc. and its subsidiaries and other companies, which are the property of their respective owners. View original content to download multimedia:https://www.prnewswire.com/news-releases/lucid-rolls-out-hands-free-driving-assist-and-new-software-features-for-lucid-gravity-in-north-america-302794331.htmlSOURCE Lucid Group Original: Lucid Rolls Out Hands-Free Driving Assist and New Software Features for Lucid Gravity in North America

Silvio Napoli prend ses fonctions de directeur général de Lucid à la suite de l'achèvement de la transition de directionJune 2, 2026 1:23 PM
PR Newswire (Canada) NEWARK, Californie, 2 juin 2026 /CNW/ - Lucid Group, Inc. (NASDAQ : LCID), fabricant des véhicules et technologies définis par logiciel les plus avancés au monde, a annoncé aujourd'hui que Silvio Napoli a pris le poste de directeur général, avec effet immédiat.M. Napoli a déjà été annoncé comme nouveau chef de la direction le 14 avril.« Au nom du Conseil d'administration, nous sommes heureux d'avoir M. Napoli comme directeur général à ce stade important pour Lucid », a déclaré Turqi Alnowaiser, président du Conseil d'administration de Lucid. « Le Conseil d'administration reste pleinement engagé et concentré sur l'avenir à long terme de Lucid, et nous avons une grande confiance dans le leadership de M. Napoli. »« Après avoir passé du temps avec nos équipes et acquis une expérience directe plus approfondie de nos produits et de notre technologie, je suis de plus en plus confiant dans notre capacité à assurer une exécution cohérente et une valeur à long terme », a déclaré M. Napoli. « Notre priorité sera de renforcer l'engagement de nos clients, d'agir avec constance et responsabilité, d'améliorer notre compétitivité en matière de coûts et de simplifier notre organisation ainsi que nos processus afin de tirer pleinement parti de la force de notre équipe. »M. Napoli apporte des décennies d'expérience en leadership industriel à l'échelle mondiale, plus récemment en tant que président et chef de la direction du groupe Schindler. Son expérience couvre des opérations mondiales de grande envergure, la gestion financière et des entreprises axées sur la technologie.Marc Winterhoff, qui a occupé le poste de chef de la direction par intérim, a repris ses fonctions de chef de l'exploitation et relèvera de M. Napoli.À propos de Lucid Group Lucid Group, Inc. (NASDAQ : LCID) est une entreprise technologique qui crée des expériences de mobilité exceptionnelles grâce à l'innovation pour faire avancer le monde. Reposant sur les technologies propriétaires de Lucid et sur des architectures de véhicules définies par logiciel, la gamme de véhicules primés de l'entreprise applique l'approche « Compromise Nothing™ » de Lucid aux segments haut de gamme du marché automobile mondial. Lucid conçoit et développe ses produits en interne et les assemble dans ses installations verticalement intégrées en Arizona et en Arabie saoudite, ce qui lui permet d'innover en continu dans les domaines des véhicules et des logiciels et d'offrir des capacités avancées d'aide à la conduite et d'autonomie.Déclarations prospectivesCette communication contient des « déclarations prospectives » au sens des dispositions d'exonération de la loi américaine Private Securities Litigation Reform Act de 1995. Les déclarations prospectives peuvent être identifiées par l'utilisation de termes tels que « estimer », « planifier », « projeter », « prévoir », « avoir l'intention de », « s'attendre à », « anticiper », « croire », « chercher à », « cibler », « continuer », « pouvoir », « possible », « potentiel », « prédire » ou d'autres expressions similaires qui prédisent ou indiquent des événements ou des tendances futurs ou qui ne sont pas des déclarations sur des sujets historiques. Ces déclarations prospectives comprennent, sans s'y limiter, les déclarations concernant les domaines d'intérêt et les priorités de la direction. Ces déclarations prospectives ne sont pas destinées à servir de garantie, d'assurance ou de déclaration définitive de fait ou de probabilité, et ne doivent pas être considérées comme telles par un investisseur. Les événements et circonstances réels sont difficiles ou impossibles à prévoir et peuvent différer de ces déclarations prospectives. De nombreux événements et circonstances réels échappent au contrôle de la Société. Ces déclarations prospectives sont assujetties à un certain nombre de risques et d'incertitudes, y compris les facteurs abordés dans la mise en garde et les facteurs de risque figurant dans notre rapport annuel sur le formulaire 10-K pour l'exercice clos le 31 décembre 2025, les rapports actuels sur le formulaire 8-K et d'autres documents que la Société a déposés ou déposera à la Securities and Exchange Commission. Si l'un ou l'autre de ces risques se concrétise ou si les hypothèses de la Société s'avèrent incorrectes, les résultats réels pourraient différer sensiblement des résultats sous-entendus dans ces déclarations prospectives. Il peut y avoir d'autres risques que la Société ne connaît pas actuellement ou qu'elle croit actuellement être négligeables, ce qui pourrait également faire en sorte que les résultats réels diffèrent de ceux contenus dans les déclarations prospectives. De plus, les déclarations prospectives reflètent les attentes, les plans ou les prévisions de la Société à l'égard d'événements et de points de vue futurs à la date de la présente communication. La Société s'attend à ce que des événements et développements subséquents entraînent une modification des évaluations de la Société. Toutefois, bien que la Société puisse choisir de mettre à jour ces déclarations prospectives à un moment donné dans le futur, elle décline expressément toute obligation de le faire. Ces déclarations prospectives ne doivent pas être considérées comme représentant les évaluations de la Société à une date postérieure à celle de la présente communication. En conséquence, il convient de ne pas accorder une confiance excessive aux déclarations prospectives.Relations avec les investisseurs
investor@lucidmotors.com Personne-ressource médias
media@lucidmotors.com Photo - https://mma.prnewswire.com/media/2991712/LUCID_Silvio_Napoli_Headshot.jpg
Logo - https://mma.prnewswire.com/media/1080273/5996145/LucidMotors_Logo.jpg SOURCE Lucid Group Original: Silvio Napoli prend ses fonctions de directeur général de Lucid à la suite de l'achèvement de la transition de direction

Silvio Napoli Assumes Role as CEO of Lucid Following Completion of Leadership TransitionJune 1, 2026 3:01 AM
PR Newswire (Canada) NEWARK, Calif., June 1, 2026 /CNW/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced software-defined vehicles and technologies, today announced that Silvio Napoli has assumed the role of Chief Executive Officer (CEO), effective immediately. Napoli was previously announced as incoming CEO on April 14."On behalf of the Board, we are pleased to have Silvio as CEO at this important stage for Lucid," said Turqi Alnowaiser, Chairman of the Lucid Board of Directors. "The Board remains fully committed and focused to Lucid's long-term future, and we have strong confidence in Silvio's leadership.""After spending time with our teams and gaining deeper firsthand experience with our products and technology, I'm increasingly confident in our ability to deliver consistent execution and long-term value," said Napoli. "Our focus will be on strengthening customer engagement, operating with consistency and accountability, achieving cost competitiveness and streamlining our organization and processes to fully leverage the strength of our team."Napoli brings decades of global industrial leadership experience, most recently serving as Chairman and Chief Executive Officer of Schindler Group. His background spans large-scale global operations, financial management, and technology-driven businesses.Marc Winterhoff, who has served as Interim CEO, has resumed his role as Chief Operating Officer and will report to Napoli.About Lucid Group Lucid Group, Inc. (NASDAQ: LCID) is a technology company creating exceptional mobility experiences through innovation to drive the world forward. Built on Lucid's proprietary technology and software-defined vehicle architectures, the company's lineup of award-winning vehicles brings Lucid's "Compromise Nothing™" approach to premium segments of the global automotive market. Lucid designs and engineers its products in-house and assembles at its vertically integrated facilities in Arizona and Saudi Arabia, enabling continuous innovation across vehicles, software, and advanced driver assistance and autonomy-ready capabilities.Forward-Looking StatementsThis communication includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "shall," "expect," "anticipate," "believe," "seek," "target," "continue," "could," "may," "might," "possible," "potential," "predict" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding management's focus areas and priorities. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond the control of the Company. These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed under the cautionary language and the Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2025, Current Reports on Form 8-K, and other documents the Company has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or the Company's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that the Company currently does not know or that the Company currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect the Company's expectations, plans or forecasts of future events and views as of the date of this communication. The Company anticipates that subsequent events and developments will cause the Company's assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.Investor Relations Contact
investor@lucidmotors.com Media Contact
media@lucidmotors.com  View original content to download multimedia:https://www.prnewswire.com/news-releases/silvio-napoli-assumes-role-as-ceo-of-lucid-following-completion-of-leadership-transition-302786702.htmlSOURCE Lucid Group Original: Silvio Napoli Assumes Role as CEO of Lucid Following Completion of Leadership Transition

This micro-cap stock is leading the US graphite revolutionApril 29, 2026 3:07 AM
IH Market News
In parts one and two of this three-part series, we laid the foundation for why graphite is one of the most important critical minerals of our time, with deep ties to the defense, technology and renewable energy industries, and why Graphite One (USOTC:GPHOF) (TSXV:GPH), owner and developer of the Graphite Creek deposit in Alaska, the largest graphite deposit in the US, is leading the charge towards reducing domestic reliance on imports, reinforcing technological capabilities and safeguarding national security.This article is disseminated in partnership with Graphite One Inc. It is intended to inform investors and should not be taken as a recommendation or financial advice.Now, in part three, we’ll weave these elements into a unified story, shedding light on why Graphite Creek isn’t merely a mining development but a nationally significant infrastructure project, one poised to add value to the US industrial landscape and society at large for decades to come.



The community perspective



We begin with our feet on the ground, highlighting the approximately 256 jobs Graphite Creek is expected to create locally within Alaska, including project construction and the estimated 20 years it will take to extract a resource estimated at more than 16 million tons of graphitic carbon (Cg), as per the 2025 bankable feasibility study. Based on North American prices cited by Business Analytiq for March 2026, we can conservatively estimate this tonnage at more than US$20 billion in the ground.



Graphite One executives meeting with local community members in Alaska. (Source Graphite One)



With Graphite Creek expected to become operational in 2030, only two years after Graphite One’s advanced graphite materials facility in Ohio is slated to generate initial cash flow, the company has wasted no time engaging with local communities, establishing a mutually beneficial relationship that is improving quality of life while fostering shareholder value. Key initiatives worth highlighting include:




Regular meetings with tribal, city and corporate leaders in the Indigenous Iñupiaq communities of Teller, Mary’s Igloo and Brevig Mission in Graphite Creek’s immediate vicinity, who have been caring for and subsisting off the land for generations. This is in addition to consultations with leadership, community groups and the general public in the nearby city of Nome, addressing major concerns from hiring and training, to cultural preservation, to environmental protection, with environmental baseline studies ongoing since 2014.



Regular meetings with regional organizations and governing bodies including Kawerak, Bering Straits Native Corporation (BSNC), the Nome Chamber of Commerce, Sitnasuak Native Corporation, Nome Eskimo Community and the NACTEC–VOCED training center in Nome.



A multi-year track record of supporting local education and professional training through donations to the communities of Teller and Brevig Mission, Nome’s NEST facility, plus numerous local school and non-profit organizations, as well as establishing scholarship funds for local residents in partnership with BSNC.



Assisting in the creation of the Subsistence Advisory Council, where members from 8 different Iñupiaq community groups nominated by the city, tribal government and village corporations advise Graphite One on helicopter activities, wildlife interaction and optimal routes during hunting season.




Through a focus on advancing shared interests, bolstering local economies while keeping environmental conservation front-and-centre, Graphite One is doing its part to honor how Graphite Creek is but the latest development in communities whose history dates back to time immemorial, and whose cultures must be enriched to ensure they thrive for generations to come as the original caretakers of the land.



The industrial perspective



Graphite Creek’s seamless integration into its local and regional communities goes hand-in-hand with its potential to meaningfully reinforce the US graphite supply chain, which is 100-per-cent dependent on imports and relies on China as its largest supplier, a relationship complicated by the communist nation’s strong-arming of its leading share of global critical mineral processing and production. China’s export restrictions on graphite, rare earth elements and other critical minerals remain on a one-year pause as the world’s two largest economies work out a more tenable long-term commercial relationship.



Drill core from Graphite Creek project. (Source: Graphite One)



Graphite Creek’s estimated annual production is expected to average 175,000 tons of graphite concentrate and 256,000 tons of graphite and carbon products over the next two decades, figures whose importance requires context to be fully felt. Here are two ways to visualize how the project will impact the US industrial landscape drawing on graphite’s use-cases in batteries and electrodes, representing more than half of yearly supply in 2024:




Take an electric vehicle (EV) battery, which requires north of 50 kilograms of graphite, according to Visual Capitalist, thanks to the critical mineral’s high conductivity, durability and heat resistance. Should Graphite One cut a deal with an EV manufacturer for one year’s worth of anode material production, accounting for about 169,000 tons of the 256,000 total, that would be enough to supply more than 3.3 million EVs – more than double the 1.6 million vehicles sold domestically in 2025 – better equipping the US to deliver on expected production of 4.1 million vehicles in 2030.



When it comes to the steel making process, graphite is found in electrodes in electric arc furnaces used to melt iron ore and scrap metal, rid them of impurities and refine them before entering the market. With the average furnace requiring about 3 kg of electrodes to produce 1 ton of steel, according to data from FRC Global, and Graphite Creek’s concentrate designed to yield more than 95 per cent purity, the project would be able to supply electrodes to produce more than 55 million tons of steel per year, accounting for a staggering almost two thirds of 2025 US production. Such a boost would allow the country to displace Japan and potentially India to take the second spot among top global producers, with China once again coming out ahead.




The project’s ability to fulfill a significant unmet domestic need, extending to use-cases in lubricants, pencils, paints, airplane components, sensors, nuclear reactors and more, would improve millions of American lives and fortify thousands of businesses across the country, making it more efficient and affordable to acquire an input at the heart of industrial competitiveness, modern technology and the renewable energy transition.This is why it’s no surprise that a growing cohort of retail and institutional parties have recognized Graphite Creek’s value-creation potential, in each case building conviction in the project’s near-term path to playing a foundational role in the US critical mineral supply chain. Here are a handful of notable transactions worth considering:




A 20 per cent anchor stake held by Taiga Mining Company, a private mining company in Alaska.



Graphite One is the only company that has three Alaskan Native corporations (Bering Straits, Doyon and Aleut) as shareholders, owning a combined 9.2 per cent equity interest in the company.



Two non-binding supply agreements with top EV maker Lucid Group (NASDAQ:LCID).



A C$35 million public offering closed in February 2026 destined to advance the company’s Ohio manufacturing facility.



Approximately 3 per cent insider ownership, according to Simply Wall Street, equating to more than C$7.8 million at the current C$1.25 stock price.




With only two years until initial revenue, which is estimated at US$89 million by 2028 and nearly US$1 billion by 2032, supported by EBITDA of US$40 million and US$530 million, respectively (see slide 13 of Graphite One’s Q1 2026 investor deck), market participants are quickly waking up to the company’s near-term path towards a potentially exponential re-valuation.



The government perspective



Graphite Creek’s broad appeal, backed by community, industrial and institutional buy-in, has made it a winning proposition for state and federal legislators, who have spent the past few years rallying around the project’s strong potential to reduce US critical mineral dependence on China by helping to onshore the production of EVs, energy storage systems and clean energy more broadly, in addition to numerous defense applications including ammunition, artillery, submarines, battle tanks and fighter aircraft, effectively reducing trade tensions and national security risk.



(Source: Graphite One)



Graphite One’s productive relationship with the Alaska Department of Natural Resources dates back to 2022 and has traced an efficient path to state permitting, which is expected to begin in 2026. Concurrently, Federal permitting has also delivered promising advancements, with Graphite Creek accepted under the US Government’s FAST-41 pathway, reserved for key infrastructure projects, in August 2025, quickly followed by initial evaluations by the US Army Corp of Engineers under the National Environmental Protection Act Environmental Assessment process.In conjunction with consistent progress on the permitting front, Graphite Creek has received two robust government funding commitments that crystalized the project’s national importance. Here’s a breakdown:




Graphite One secured a US$37.5 million grant from the US Department of Defense in 2023 to accelerate Graphite Creek’s feasibility study, with the department increasing its commitment to fund related expenditures from 50 to 75 per cent in 2024. Feasibility reached bankable status in April 2025, yielding an after-tax net present value of US$5 billion, representing only about 12 per cent of the project’s 9.5-mile-long geophysical anomaly hosting known mineralization.



Graphite One parlayed this development milestone into US$2.07 billion in letters of interest from the Export-Import Bank of the United States in December 2025, including US$670 million for Graphite Creek, up from US$570 million in September, and up to US$1.4 billion for its planned advanced graphite materials plant in Ohio, up considerably from US$325 million in 2024, throwing the full faith and credit of the US Government behind the company’s plan to kickstart a vertically integrated domestic graphite supply chain.




With government funding accounting for about 70 per cent of Graphite Creek and the Ohio facility’s development, and discussions ongoing with top North American institutions for the remaining 30 per cent, Graphite One remains on track to commission up to 10,000 tons per year (tpy) of active anode materials by Q4 2027, 48,000 tpy by 2028 and 100,000 tpy by 2032, with the extraction of Graphite Creek’s unmatched resource scheduled to begin in 2030, positioning the company to gradually transition from pre-revenue to a top line of approximately US$1 billion by the beginning of the next decade. All this while growing into a pillar of US technological and clean energy leadership, a role Graphite One could occupy into the 2050s and beyond, with billions in additional cash flow expected in tow, as the company fully explores Graphite Creek’s geophysical anomaly.



A bargain of generational proportions



Despite Graphite Creek’s support across the stakeholder spectrum, from local communities, to the business community, to the highest offices of the US government, Graphite One’s current market capitalization of C$239 million, more than four times smaller than expected 2032 revenue, reveals how investors have yet to recognize the company’s generational value proposition.Readers, in turn, are being presented with an underpriced opportunity to build exposure to a nationally significant infrastructure project before it fully comes into its own, with half a decade of development and production milestones lined up to foster market conviction and shareholder value.Continue your due diligence at www.graphiteoneinc.com.

Original: This micro-cap stock is leading the US graphite revolution

Because they get them for free, and it is all profit for them.

Why are directors dumping shares at discount? $LCID

Same here. Maybe the Saudis need to give Jared another $2B to put in a good word. They can donate a Lucid on the front lawn.

I trust big banks like I trust Social Security to be here and pay full amounts due to everybody 20 yrs from now.........

10M shares in first 15 minutes. Interesting.

With short interest at 37% of float, could be a good squeeze candidate. Big banks are setting targets of $10-12.

And look at the last 5 days of >30M volume. Somebody is buying all those shares, on the way down.

Just wait for the announcement that the PIF is buying more shares. They will not have to offer a premium to existing shareholders. All they have to do is buy it on the way down. The FTC won't stand in their way of, one day, owning the whole thing.

Edit: Probably more under the purview of this agency:

https://home.treasury.gov/policy-issues/international/the-committee-on-foreign-investment-in-the-united-states-cfius/cfius-overview

https://en.wikipedia.org/wiki/Committee_on_Foreign_Investment_in_the_United_States

Yes gust like MULN now BINI

Yes gust like MULN now BINI

I invested way too much into cciv. Big regret 

Looks like this thing is truly gonna go down to $0. All-time LOW here today. This is absurd.

Lucid Shares Jump on $750M Investment and Expanded Uber Robotaxi DealApril 14, 2026 9:36 AM
IH Market News
Lucid Group Inc (NASDAQ:LCID) shares climbed 11% on Tuesday after the electric vehicle maker unveiled $750 million in fresh funding and a significant expansion of its robotaxi partnership with Uber (NYSE:UBER).Ayar Third Investment Company, an affiliate of the Public Investment Fund, has agreed to invest $550 million through the purchase of Lucid’s convertible preferred stock. Uber will contribute an additional $200 million, increasing its total investment in Lucid to $500 million.The companies also broadened their robotaxi agreement to include at least 35,000 Lucid vehicles, an increase from earlier commitments. These vehicles will be built specifically for Uber’s planned global autonomous ride-hailing network and will feature both the Lucid Gravity and Lucid Midsize platforms.This expanded collaboration builds on a partnership first announced in July 2025 between Lucid, Uber, and autonomous driving firm Nuro. On-road autonomous testing began in December 2025, with all test vehicles delivered by February. The partners are targeting a commercial launch of the robotaxi service later this year in the San Francisco Bay Area, initially using the Lucid Gravity.Lucid’s upcoming Midsize platform, expected to start below $50,000, is designed to deliver competitive range with smaller battery packs, while offering enhanced interior space and faster charging capabilities. The company said these attributes make it particularly attractive for fleet operators.“Building on the rapid progress of our collaboration with Lucid Gravity, our Midsize platform will enable autonomous mobility at scale through cost efficiency, manufacturing simplicity, and a technology-forward user experience,” said Marc Winterhoff, Interim CEO at Lucid.Separately, Lucid announced that Silvio Napoli, former Chairman and CEO of Schindler Group, will take over as CEO and join the board. Winterhoff is set to move into the role of Chief Operating Officer once Napoli assumes leadership.Lucid Group stock priceUber Technologies stock price

Original: Lucid Shares Jump on $750M Investment and Expanded Uber Robotaxi Deal

Lucid Group, Inc. Announces Registered Public Offering of Common Stock; Total Raise of Approximately $1.05 Billion with Previously Announced Investments from Uber and PIFApril 14, 2026 7:45 AM
PR Newswire (US)

Lucid prices its $300 million registered offering of common stockUber to increase its total investments in Lucid to $500 million Ayar Third Investment Company, an affiliate of the Public Investment Fund, to purchase $550 million of Lucid's convertible preferred stockNEWARK, Calif., April 14, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced pricing of its underwritten public offering of its common stock for gross proceeds of $300 million. The underwritten offering is expected to close on or about April 15, 2026, subject to customary closing conditions.







As previously announced earlier today, Uber will increase its purchase commitment to at least 35,000 Lucid vehicles designed exclusively for use as part of Uber's future global robotaxi service. Uber has also committed to an additional $200 million investment in Lucid, raising Uber's total investments to $500 million to date. Ayar Third Investment has also committed a new investment of $550 million of convertible preferred stock, further strengthening the strategic partnership between the PIF and Lucid. Together with the gross proceeds from the underwritten offering, the total raise for these transactions is expected to be approximately $1.05 billion.BofA Securities is acting as the sole underwriter for the underwritten offering.The underwritten offering is being made pursuant to Lucid's effective shelf registration statement on Form S-3ASR, including a base prospectus, filed with the Securities and Exchange Commission (the "SEC"), and a prospectus supplement relating to the underwritten offering. Prospective investors should read the prospectus supplement and the accompanying base prospectus in that registration statement and other documents that Lucid has filed or will file with the SEC for information about Lucid and the underwritten offering. You may obtain these documents for free by visiting EDGAR on the SEC's website at www.sec.gov. Alternatively, copies of the prospectus supplement and the base prospectus may be obtained from BofA Securities, Inc., NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001, Attn: Prospectus Department, or by email at dg.prospectus_requests@bofa.com.This press release does not constitute an offer to sell or the solicitation of an offer to buy shares of Lucid's common stock, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.About Lucid Group 
Lucid Group, Inc. (NASDAQ: LCID) is a technology company creating exceptional mobility experiences through innovation to drive the world forward. Built on Lucid's proprietary technology and software defined vehicle architectures, the company's lineup of award-winning vehicles brings Lucid's "Compromise Nothing™" approach to premium segments of the global automotive market. Lucid designs and engineers its products in-house and assembles at its vertically integrated facilities in Arizona and Saudi Arabia, enabling continuous innovation across vehicles, software, and advanced driver assistance and autonomy-ready capabilities.Forward-Looking Statements
This communication includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "shall," "expect," "anticipate," "believe," "seek," "target," "continue," "could," "may," "might," "possible," "potential," "predict" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Lucid's expectations related to the closings of and use of proceeds from the underwritten offering and private placements to Uber and Ayar, Uber's purchase of Lucid Midsize SUV vehicles, Lucid's expansion into the robotaxi market, and the promise of Lucid's technology. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of Lucid's management. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond the control of Lucid. These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed under the cautionary language and the Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2025, subsequent Current Reports on Form 8-K, and other documents Lucid has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or Lucid's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lucid currently does not know or that Lucid currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lucid's expectations, plans or forecasts of future events and views as of the date of this communication. Lucid anticipates that subsequent events and developments will cause Lucid's assessments to change. However, while Lucid may elect to update these forward-looking statements at some point in the future, Lucid specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Lucid's assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.Media Contact
media@lucidmotors.comTrademarks
This communication contains trademarks, service marks, trade names and copyrights of Lucid Group, Inc. and its subsidiaries and other companies, which are the property of their respective owners.



View original content to download multimedia:https://www.prnewswire.com/news-releases/lucid-group-inc-announces-registered-public-offering-of-common-stock-total-raise-of-approximately-1-05-billion-with-previously-announced-investments-from-uber-and-pif-302741664.htmlSOURCE Lucid Group

Original: Lucid Group, Inc. Announces Registered Public Offering of Common Stock; Total Raise of Approximately $1.05 Billion with Previously Announced Investments from Uber and PIF

Lucid to Receive New Investments from the PIF and Uber; Uber and Lucid Expand Robotaxi Partnership to at least 35,000 VehiclesApril 14, 2026 7:01 AM
PR Newswire (US)

Ayar Third Investment Company, an affiliate of the Public Investment Fund, to purchase $550 million of Lucid's convertible preferred stockUber to increase total investment in Lucid to $500 million with an additional commitment of $200 millionLucid and Uber expand commitments to global robotaxi service to a total of at least 35,000 Lucid vehicles, including Lucid Gravity and Lucid Midsize vehiclesNEWARK, Calif., April 14, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced software-defined vehicles and technologies, today announced a significant expansion of its partnership with Uber, further supported by an additional long-term investment from Ayar Third Investment Company, an affiliate of the Public Investment Fund (PIF).







As part of the agreement, Uber will increase its purchase commitment to at least 35,000 Lucid vehicles designed exclusively for use as part of Uber's future global robotaxi service. The company has also committed to an additional $200 million investment in Lucid, raising Uber's total investments to $500 million to date. Ayar Third Investment has also committed a new investment of $550 million, further strengthening the strategic partnership between the PIF and Lucid. Together, these investments enhance Lucid's capital position as the company advances its best-in-class software-defined vehicles and diversified enterprise platform strategy.This milestone builds on the partnership previously announced between Lucid, Nuro and Uber in July 2025 as the companies prepare for commercial launch of their next-generation robotaxi service later this year in the San Francisco Bay Area, utilizing the award-winning Lucid Gravity. The companies previously announced autonomous on-road testing, led by Nuro, began in December 2025, and Lucid completed delivery of all test vehicles in February."Today's announcement demonstrates the growing strength of our relationship with Uber, our continued partnership with the PIF, and the benefits our software-defined EV platforms bring to next-generation mobility networks," said Marc Winterhoff, Interim CEO at Lucid. "Building on the rapid progress of our collaboration with Lucid Gravity, our Midsize platform will enable autonomous mobility at scale through cost efficiency, manufacturing simplicity, and a technology-forward user experience. This is yet another milestone in our partnership with Uber and Nuro, and we look forward to building on our momentum together in the years to come.""We continue to deepen our commitments with both Lucid and Nuro because both companies are executing extremely well against our fast-moving shared roadmap," said Dara Khosrowshahi, CEO at Uber. "That strong execution keeps us on track to deepen our investment and increase the number of vehicles we plan to deploy, while Lucid's future Midsize platform creates an even clearer path to stronger unit economics. This is all about moving at speed while scaling intelligently to build a leading robotaxi service around the world."As outlined during Lucid Investor Day, Lucid's future Midsize vehicles are expected to offer similar range to competitors while using smaller battery packs, and at the same time delivering best-in-class interior space and comfort, as well as superior charging speed. Together, these features represent a superior value proposition for fleet operators. With a starting price planned to be under $50,000, combined with the premium technology and performance Lucid is known for, the Lucid Midsize vehicle platform is ideally designed for both consumers and enterprise use cases.About Lucid Group 
Lucid Group, Inc. (NASDAQ: LCID) is a technology company creating exceptional mobility experiences through innovation to drive the world forward. Built on Lucid's proprietary technology and software defined vehicle architectures, the company's lineup of award-winning vehicles brings Lucid's "Compromise Nothing™" approach to premium segments of the global automotive market. Lucid designs and engineers its products in-house and assembles at its vertically integrated facilities in Arizona and Saudi Arabia, enabling continuous innovation across vehicles, software, and advanced driver assistance and autonomy-ready capabilities.Forward-Looking Statements
This communication includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "shall," "expect," "anticipate," "believe," "seek," "target," "continue," "could," "may," "might," "possible," "potential," "predict" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Lucid's expectations related to Uber's purchase of Lucid Midsize SUV vehicles and combined fleet size, performance specifications, starting price and related cost savings for Lucid Midsize SUV, the use of proceeds and closings of the private placements, expansion into the robotaxi market, and the promise of Lucid's technology. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of Lucid's management. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond the control of Lucid. These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed under the cautionary language and the Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2025, subsequent Current Reports on Form 8-K, and other documents Lucid has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or Lucid's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lucid currently does not know or that Lucid currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lucid's expectations, plans or forecasts of future events and views as of the date of this communication. Lucid anticipates that subsequent events and developments will cause Lucid's assessments to change. However, while Lucid may elect to update these forward-looking statements at some point in the future, Lucid specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Lucid's assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.Media Contact
media@lucidmotors.comTrademarks
This communication contains trademarks, service marks, trade names and copyrights of Lucid Group, Inc. and its subsidiaries and other companies, which are the property of their respective owners.














View original content to download multimedia:https://www.prnewswire.com/news-releases/lucid-to-receive-new-investments-from-the-pif-and-uber-uber-and-lucid-expand-robotaxi-partnership-to-at-least-35-000-vehicles-302741604.htmlSOURCE Lucid Group

Original: Lucid to Receive New Investments from the PIF and Uber; Uber and Lucid Expand Robotaxi Partnership to at least 35,000 Vehicles

Lucid Names Global Industrial Leader Silvio Napoli as Next Chief Executive Officer to Accelerate Growth, Profitability and Value CreationApril 14, 2026 7:00 AM
PR Newswire (US)

Silvio Napoli, formerly Chairman and Chief Executive Officer of Schindler Group, to join Lucid as next Chief Executive OfficerInterim Chief Executive Officer Marc Winterhoff will continue as Chief Operating Officer upon Napoli assuming the roleNEWARK, Calif., April 14, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced software-defined vehicles and technologies, today announced that Silvio Napoli will be Lucid's next Chief Executive Officer (CEO) and will join Lucid's Board of Directors. Mr. Napoli is currently based in Switzerland and will be relocating to the U.S. Interim Chief Executive Officer Marc Winterhoff will serve as Lucid's Chief Operating Officer (COO) upon Napoli assuming the CEO role.







Napoli's deep operational expertise, financial discipline, and track record of leadership in innovation position Lucid for its next phase of growth as it further scales production of Lucid Gravity and Lucid Air, advances its upcoming Midsize platform vehicles, pursues new streams of revenue through autonomy, robotaxi, and software-enabled innovation, and accelerates toward growth, positive free cash flow, and profitability. "On behalf of the Board, we are pleased to welcome Silvio as Lucid's next CEO," said Turqi Alnowaiser, Chairman of the Lucid Board of Directors. "Silvio is a proven global leader with deep experience leading complex, technology-driven organizations through periods of rapid growth and operational scaling. He brings a strong track record of global manufacturing excellence, operational discipline, driving growth across global markets and leading state-of-the-art customer service. His expertise in capital allocation, operational efficiency and translating advanced technology into consistent high-quality performance over time will be critical as Lucid continues to scale and execute its strategy."Alnowaiser added, "I would also like to thank Marc for his leadership as Interim CEO during a pivotal period for the company. Under Marc's stewardship, Lucid expanded and sharpened its strategy, strengthened execution and operational discipline, and led the business through an exceptionally challenging environment while maintaining momentum. We are fortunate to have his continued leadership as COO."Napoli brings decades of global industrial leadership experience, most recently serving as Chairman and CEO of Schindler Group, one of the world's leading industrial technology companies. During his tenure, he led large-scale global operations across complex markets, with a strong track record in manufacturing excellence, cost discipline, capital allocation, and building and leading resilient, high-performing organizations. He also led the vertical transportation industry's evolution toward a more technology-enabled, service-oriented business model, strengthening recurring revenue and long-term value creation. Napoli is known for a leadership style that emphasizes clarity of priorities, accountability, and operational excellence."The past year has been an important period of progress for Lucid, and I'm proud of the work the team has done to strengthen our operations and execution," said Winterhoff. "We have laid out a clear vision and enhanced strategy, and I look forward to continuing that work alongside Silvio.""Lucid has established a strong foundation built on technology leadership and an expanding product portfolio, including Lucid Air, Lucid Gravity, and the upcoming Midsize vehicles," said Napoli. "Working with Marc and the executive team, my focus will be on consistent execution, financial discipline and helping translate Lucid's breakthrough innovations into long-term value."About Silvio NapoliFollowing a comprehensive search, Silvio Napoli is joining Lucid as the next CEO of Lucid and a member of the board of directors. Prior to joining Lucid, Napoli served as Chairman and CEO of the Schindler Group where he led large-scale international operations and drove strategic and operational change across global markets. His experience spans manufacturing, supply chain, commercial execution, organizational performance, and business transformation, including helping industrial businesses evolve toward more technology-enabled and service-oriented models. He holds an MBA from Harvard Business School which he earned as a Fulbright scholar.About Lucid Group Lucid Group, Inc. (NASDAQ: LCID) is a technology company creating exceptional mobility experiences through innovation to drive the world forward. Built on Lucid's proprietary technology and software-defined vehicle architectures, the company's lineup of award-winning vehicles brings Lucid's "Compromise Nothing™" approach to premium segments of the global automotive market. Lucid designs and engineers its products in-house and assembles at its vertically integrated facilities in Arizona and Saudi Arabia, enabling continuous innovation across vehicles, software, and advanced driver assistance and autonomy-ready capabilities.Forward-Looking StatementsThis communication includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "shall," "expect," "anticipate," "believe," "seek," "target," "continue," "could," "may," "might," "possible," "potential," "predict" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the employment of Mr. Napoli and Mr. Winterhoff and the anticipated timeline. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond the control of the Company. These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed under the cautionary language and the Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2025, Current Reports on Form 8-K, and other documents the Company has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or the Company's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that the Company currently does not know or that the Company currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect the Company's expectations, plans or forecasts of future events and views as of the date of this communication. The Company anticipates that subsequent events and developments will cause the Company's assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.Investor Relations Contact
investor@lucidmotors.comMedia Contact
media@lucidmotors.com










View original content to download multimedia:https://www.prnewswire.com/news-releases/lucid-names-global-industrial-leader-silvio-napoli-as-next-chief-executive-officer-to-accelerate-growth-profitability-and-value-creation-302741602.htmlSOURCE Lucid Group

Original: Lucid Names Global Industrial Leader Silvio Napoli as Next Chief Executive Officer to Accelerate Growth, Profitability and Value Creation

Anyone holding this trash after the RS beating should have their head examined. It's never going to be the next TSLA. What....like 5,000 cars sold in a quarter??? Small chicom BEV companies sell that many in a few days.

Lucid Announces Q1 Production & Deliveries, Sets Date for First Quarter 2026 ResultsApril 3, 2026 5:00 PM
PR Newswire (US)

NEWARK, Calif., April 3, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced software-defined vehicles and technologies, today announced production and delivery totals for the quarter ended March 31, 2026. During this period, the company produced 5,500 vehicles and delivered 3,093 vehicles.1







During the quarter, deliveries of the Lucid Gravity were disrupted for 29 days due to a supplier quality issue with the second-row seats. As a result of this, the company's ability to meet customer demand was impacted. These issues have now been addressed, and the company is reaffirming its previously shared production guidance of 25,000-27,000 vehicles.Lucid will host a conference call to discuss its first quarter 2026 financial results on Tuesday, May 5, 2026, 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 website, https://ir.lucidmotors.com.To enhance engagement with the company's shareholder base and facilitate connections with its investors, Lucid is partnering with Say Technologies to allow retail and institutional shareholders to submit and upvote questions, a selection of which will be answered by Lucid management during the earnings call.Starting on April 20, 2026, at 2:30 pm PT / 5:30 pm ET, all shareholders can submit questions by visiting: https://app.saytechnologies.com/lucid-group-2026-q1. This Q&A platform will remain open until 2:30 pm PT / 5:30 pm ET on May 4, 2026. Shareholders can email support@saytechnologies.com for any support inquiries.Earnings Call Details:Date: Tuesday, May 5, 2026Time: 2:30 pm PT / 5:30 pm ETWebcast: https://ir.lucidmotors.com (live and replay)1 Lucid's net income and cash flow results will be announced along with the rest of its financial performance when Lucid announces first quarter earnings. Lucid vehicle production and delivery numbers represent only one measure of the company's operating performance and should not be relied on as sole indicators of quarterly financial results, which depend on a variety of factors. Starting this quarter, Lucid is including all vehicles produced at AMP-1 in its production numbers, including those vehicles being shipped to Saudi Arabia.About Lucid Group
Lucid Group, Inc. (NASDAQ: LCID) is a technology company creating exceptional mobility experiences through innovation to drive the world forward. Built on Lucid's proprietary technology and software defined vehicle architectures, the company's lineup of award-winning vehicles brings Lucid's "Compromise Nothing™" approach to premium segments of the global automotive market. Lucid designs and engineers its products in-house and assembles at its vertically integrated facilities in Arizona and Saudi Arabia, enabling continuous innovation across vehicles, software, and advanced driver assistance and autonomy-ready capabilities.Investor Relations Contactinvestor@lucidmotors.comSign up for investor email alerts: https://ir.lucidmotors.com/ir-resources/email-alertsMedia Contactmedia@lucidmotors.comTrademarksThis communication contains trademarks, service marks, trade names and copyrights of Lucid Group, Inc. and its subsidiaries and other companies, which are the property of their respective owners.Forward-Looking Statements This communication includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "shall," "expect," "anticipate," "believe," "seek," "target," "continue," "could," "may," "might," "possible," "potential," "predict" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of Lucid's management. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond the control of Lucid. These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed under the headings "Cautionary Note Regarding Forward-looking Statements" and "Risk Factors" in Lucid's Annual Report on Form 10-K for the year ended December 31, 2025, subsequent Current Reports on Form 8-K, as well as in other documents Lucid has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or Lucid's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lucid currently does not know or that Lucid currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lucid's expectations, plans or forecasts of future events and views as of the date of this communication. Lucid anticipates that subsequent events and developments will cause Lucid's assessments to change. However, while Lucid may elect to update these forward-looking statements at some point in the future, Lucid specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Lucid's assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.



View original content to download multimedia:https://www.prnewswire.com/news-releases/lucid-announces-q1-production--deliveries-sets-date-for-first-quarter-2026-results-302734062.htmlSOURCE Lucid Group

Original: Lucid Announces Q1 Production & Deliveries, Sets Date for First Quarter 2026 Results

Lucid Reveals 2027 Gravity Lineup with Expanded Standard FeaturesApril 2, 2026 2:04 PM
PR Newswire (US)

Lucid introduces the updated 2027 Lucid Gravity lineup with expanded standard features, simplified packaging, and greater everyday convenience across all trims.Grand Touring gains substantial new standard upgrades and debuts the Prestige Package, a top-tier bundle combining 22"/23" wheels, Surreal Sound™ Pro, Dynamic Handling, and 3rd-row seating.NEWARK, Calif.,, April 2, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced software-defined vehicles and technologies, today announced updates and enhancements to the Lucid Gravity model lineup for the 2027 model year. As outlined at Lucid's recent Investor Day, the Lucid Gravity serves as a key pillar of Lucid's near-term growth strategy, complementing the Lucid Air sedan and soon to be joined by the midsize Lucid Cosmos and Earth models. The updated 2027 Lucid Gravity lineup maintains its class-leading range ratings from the EPA and enhances customer value with meaningful comfort, technology, and personalization updates across the full Lucid lineup.







As Lucid's second vehicle and first SUV, Gravity is progressing through its production and delivery ramp, complementing the award-winning Lucid Air and supporting the company's expanding presence in the global luxury market. Lucid Gravity was recently named 2026 World Luxury Car of the Year by the esteemed World Car Awards program. In an awards category open to electric, hybrid, and internal-combustion vehicles, Lucid's all-electric SUV was recognized by a global jury of more than 100 acclaimed automotive journalists from around the globe.Introducing the 2027 Lucid Gravity Lineup
The 2027 Lucid Gravity introduces a refined trim strategy and a suite of new standard features aimed at enhancing convenience, safety, and everyday usability, while also reflecting a continued focus on adding value and simplifying choices as deliveries grow. All Lucid models now come standard with the DreamDrive™ 2 Premium advanced driver assistance system and an additional key fob."Lucid continues to set the benchmark for what an electric SUV can be – efficient, versatile, and deeply luxurious," said Erwin Raphael, SVP Revenue at Lucid. "With the 2027 updates, we've expanded standard features, simplified choices, and introduced a new Prestige Package that showcases the very best of Lucid design and technology. These enhancements reflect our continued focus on delivering compelling products as Gravity gains momentum in the market."Customers can now customize the 2027 Lucid Gravity using the Design Yours configurator.Lucid Gravity Touring
The 2027 Lucid Gravity Touring builds on its reputation for delivering exceptional luxury, efficiency, and capability by adding a meaningful collection of new standard features. For the new model year, every Touring now comes equipped with DreamDrive™ 2 Premium, offering more advanced driver-assistance capability, along with an additional key fob –features that were previously optional but are now included at no additional cost to enhance everyday convenience and peace of mind.Beyond these upgrades, customers can continue to personalize their Lucid Gravity Touring with a selection of optional packages, including the Comfort & Convenience Package, Technology Package, Power Package, Dynamic Handling Package, Towing Package, Surreal Sound™ Pro, and DreamDrive™ 2 Pro, as well as multiple wheel designs and seating for either five or seven people.The 2027 Lucid Gravity Touring starts at $79,9001 in the US and $113,5002 CDN in Canada.Lucid Gravity Grand Touring
For 2027, the Lucid Gravity Grand Touring further distinguishes itself as the pinnacle of the lineup, offering even greater luxury, capability, and exclusivity. The Grand Touring now comes standard with DreamDriveTM 2 Premium, the Comfort & Convenience Package, the Power Package, and 21"/22" wheels, giving customers a more richly equipped vehicle right from the start.New for this year is the introduction of the Prestige Package, an optional, range-topping bundle that brings together 22"/23" wheels, Surreal Sound™ Pro, the Dynamic Handling Package, and 3rd-row seating to create the most comprehensively equipped Lucid Gravity in the lineup. Pricing for the Prestige Package starts at $10,500 in the US and $14,000 CDN in Canada, available starting Summer 2026.Customers can also continue to select from standalone packages including the Technology Package, DreamDrive™ 2 Pro, and Towing Package. Additionally, for Lucid Gravity Grand Touring models not equipped with the Prestige Package, no-charge wheel alternatives remain available, along with no-charge interior choices.The 2027 Lucid Gravity Grand Touring starts at $98,9001 in the US and $139,5002 in Canada.1Excludes tax, title, license, options, destination and documentation fees.
2Pricing includes Destination Fee, Documentation Fee and Federal Air Conditioning Tax. Excludes Federal Luxury tax, sales tax, and provincial levies & fees. Please contact your local Lucid Studio directly or by phone for total/all-in pricing for your specific province.About Lucid Group
Lucid Group, Inc. (NASDAQ: LCID) is a technology company creating exceptional mobility experiences through innovation to drive the world forward. Built on Lucid's proprietary technology and software defined vehicle architectures, the company's lineup of award-winning vehicles brings Lucid's "Compromise Nothing™" approach to premium segments of the global automotive market. Lucid designs and engineers its products in-house and assembles at its vertically integrated facilities in Arizona and Saudi Arabia, enabling continuous innovation across vehicles, software, and advanced driver assistance and autonomy-ready capabilities.Forward-Looking Statements
This communication includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "shall," "expect," "anticipate," "believe," "seek," "target," "continue," "could," "may," "might," "possible," "potential," "predict" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, features, performance specifications and starting price of each of 2027 Lucid Gravity models, the features and the starting price of the packages, and Lucid's strategy. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of Lucid's management. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond the control of Lucid. These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed under the cautionary language and the Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2025, subsequent Current Reports on Form 8-K, and other documents Lucid has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or Lucid's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lucid currently does not know or that Lucid currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lucid's expectations, plans or forecasts of future events and views as of the date of this communication. Lucid anticipates that subsequent events and developments will cause Lucid's assessments to change. However, while Lucid may elect to update these forward-looking statements at some point in the future, Lucid specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Lucid's assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.Media Contact
media@lucidmotors.comTrademarks
This communication contains trademarks, service marks, trade names and copyrights of Lucid Group, Inc. and its subsidiaries and other companies, which are the property of their respective owners.














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Original: Lucid Reveals 2027 Gravity Lineup with Expanded Standard Features

Lucid Gravity SUV Recognized as the 2026 World Luxury Car of the YearApril 1, 2026 3:16 PM
PR Newswire (US)

NEWARK, Calif., April 1, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced software-defined vehicles and technologies, today announced that the Lucid Gravity has been named 2026 World Luxury Car of the Year by the esteemed World Car Awards program. In an awards category open to electric, hybrid, and internal-combustion vehicles, Lucid's all-electric SUV was recognized by a global jury of more than 100 acclaimed automotive journalists from around the globe. Lucid is now 2-for-2 in this award category, with the Lucid Air sedan named World Luxury Car of the Year in 2023. Now in its 22nd year, the World Car Awards aim to recognize, reward and inspire automotive excellence, leadership and innovation in a rapidly changing automotive industry on a global scale.
"This recognition reflects the strength of Lucid's product vision and the exceptional execution of our team," said Marc Winterhoff, Interim CEO of Lucid. "Lucid Gravity brings together the space and versatility of a full-size SUV with sports-car-like driving dynamics and a refined luxury experience, enabled by our proprietary technology and engineering. Together, these qualities set a new benchmark for what a world-class luxury SUV can be."On and off the road, Gravity's exceptional performance starts with a brand-new platform developed from the ground up as a sporty SUV. Featuring two motors, all-wheel drive, and a standard adjustable air suspension, it's an SUV that delivers a smooth, comfortable ride for passengers on any road, even when the pavement ends and the trail begins. The Lucid Gravity's available rear-axle steering system enhances high-speed driving dynamics for exceptional handling on winding roads and makes day-to-day driving easier than ever by shortening the space needed for the vehicle to maneuver through tight city streets and crowded parking lots.Lucid Gravity redefines the SUV category by delivering full-size SUV practicality within a mid-size footprint, with a spacious and accommodating interior comfortably seating up to seven adults while offering uncompromising space, efficiency, performance, and usability. The sliding second row seats combine with available integrated convenience tables for an elevated back-seat experience. Remarkable legroom is carried through to the third row, enabling a comfortable seven-passenger configuration, making it the ideal vehicle for every adventure.Powering it all is Lucid Gravity's high-efficiency, miniaturized powertrain and ultra-fast charging. The result is up to 450 miles of EPA-estimated driving range and DC fast-charging that can add 200 miles of range in less than 11 minutes, ensuring the easiest and fastest possible charging experience at over 32,500 DC fast charging stations in North America.The Lucid Gravity will be featured at the 2026 New York International Auto Show from April 3-12. Not only can show attendees get a close look at its class-leading space and packaging, luxury appointments, and user experience first-hand, they can also experience Lucid Gravity's performance in the show's EV test track.Lucid Gravity is available to order at Lucidmotors.com/gravity.About Lucid Group 
Lucid Group, Inc. (NASDAQ: LCID) is a technology company creating exceptional mobility experiences through innovation to drive the world forward. Built on Lucid's proprietary technology and software defined vehicle architectures, the company's lineup of award-winning vehicles brings Lucid's "Compromise Nothing™" approach to premium segments of the global automotive market. Lucid designs and engineers its products in-house and assembles them at its vertically integrated facilities in Arizona and Saudi Arabia, enabling continuous innovation across vehicles, software, and advanced driver assistance and autonomy-ready capabilities.Media Contact
media@lucidmotors.comPhoto - https://mma.prnewswire.com/media/2948357/LUCID_World_Car_of_the_Year_Lucid_Gravity.jpgPhoto - https://mma.prnewswire.com/media/2948358/LUCID_Lucid_Gravity_SUV.jpg



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Original: Lucid Gravity SUV Recognized as the 2026 World Luxury Car of the Year

Lucid Gravity SUV Recognized as the 2026 World Luxury Car of the YearApril 1, 2026 3:04 PM
PR Newswire (US)

NEWARK, Calif., April 1, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced software-defined vehicles and technologies, today announced that the Lucid Gravity has been named 2026 World Luxury Car of the Year by the esteemed World Car Awards program. In an awards category open to electric, hybrid, and internal-combustion vehicles, Lucid's all-electric SUV was recognized by a global jury of more than 100 acclaimed automotive journalists from around the globe. Lucid is now 2-for-2 in this award category, with the Lucid Air sedan named World Luxury Car of the Year in 2023. Now in its 22nd year, the World Car Awards aim to recognize, reward and inspire automotive excellence, leadership and innovation in a rapidly changing automotive industry on a global scale.







"This recognition reflects the strength of Lucid's product vision and the exceptional execution of our team," said Marc Winterhoff, Interim CEO of Lucid. "Lucid Gravity brings together the space and versatility of a full-size SUV with sports-car-like driving dynamics and a refined luxury experience, enabled by our proprietary technology and engineering. Together, these qualities set a new benchmark for what a world-class luxury SUV can be."On and off the road, Gravity's exceptional performance starts with a brand-new platform developed from the ground up as a sporty SUV. Featuring two motors, all-wheel drive, and a standard adjustable air suspension, it's an SUV that delivers a smooth, comfortable ride for passengers on any road, even when the pavement ends and the trail begins. The Lucid Gravity's available rear-axle steering system enhances high-speed driving dynamics for exceptional handling on winding roads and makes day-to-day driving easier than ever by shortening the space needed for the vehicle to maneuver through tight city streets and crowded parking lots.Lucid Gravity redefines the SUV category by delivering full-size SUV practicality within a mid-size footprint, with a spacious and accommodating interior comfortably seating up to seven adults while offering uncompromising space, efficiency, performance, and usability. The sliding second row seats combine with available integrated convenience tables for an elevated back-seat experience. Remarkable legroom is carried through to the third row, enabling a comfortable seven-passenger configuration, making it the ideal vehicle for every adventure.Powering it all is Lucid Gravity's high-efficiency, miniaturized powertrain and ultra-fast charging. The result is up to 450 miles of EPA-estimated driving range and DC fast-charging that can add 200 miles of range in less than 11 minutes, ensuring the easiest and fastest possible charging experience at over 32,500 DC fast charging stations in North America.The Lucid Gravity will be featured at the 2026 New York International Auto Show from April 3-12. Not only can show attendees get a close look at its class-leading space and packaging, luxury appointments, and user experience first-hand, they can also experience Lucid Gravity's performance in the show's EV test track.Lucid Gravity is available to order at Lucidmotors.com/gravity.About Lucid Group 
Lucid Group, Inc. (NASDAQ: LCID) is a technology company creating exceptional mobility experiences through innovation to drive the world forward. Built on Lucid's proprietary technology and software defined vehicle architectures, the company's lineup of award-winning vehicles brings Lucid's "Compromise Nothing™" approach to premium segments of the global automotive market. Lucid designs and engineers its products in-house and assembles them at its vertically integrated facilities in Arizona and Saudi Arabia, enabling continuous innovation across vehicles, software, and advanced driver assistance and autonomy-ready capabilities.Media Contact
media@lucidmotors.com 










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Original: Lucid Gravity SUV Recognized as the 2026 World Luxury Car of the Year

Lucid dévoile les détails de sa future plateforme Midsize et annonce de nouvelles sources de revenus récurrents, esquissant ainsi une voie rigoureuse vers une croissance rentableMarch 17, 2026 6:10 AM
PR Newswire (Canada)

La stratégie multidimensionnelle pour faire du profit comprend : diversification des sources de revenus dans les domaines des logiciels et de la mobilité, augmentation de la capacité de production, gestion rigoureuse des investissements et réduction importante des coûts des matières premièresDévoilement des détails techniques et stratégiques clés de sa prochaine plateforme Midsize, qui offre des caractéristiques de pointe dans le segment avec une efficacité et un coût de fabrication améliorésLa plateforme comprend trois modèles, les deux premiers sont Lucid Cosmos et Lucid EarthMise en avant des discussions avancées avec Uber visant à finaliser un accord pour le déploiement de véhicules basés sur la plateforme Midsize de Lucid à une échelle similaire à celle du programme de robotaxis Gravity, avec l'intention d'augmenter progressivement ce déploiementPrésentation de Lunar, un concept de robotaxi spécialement conçu basé sur la plateforme MidsizeLe nouveau système d'entraînement Atlas rehausse l'efficacité de Lucid tout en réduisant les coûtsNEWARK, Californie., 17 mars 2026 /CNW/ - Lucid Group, Inc. (NASDAQ : LCID), fabricant de véhicules et de technologies définis par logiciel les plus avancés au monde, a annoncé aujourd'hui une stratégie financière et de produits complète conçue pour étendre ses activités, atteindre plus rapidement la rentabilité et un flux de trésorerie libre positif, et étendre son leadership technologique dans les segments haut de gamme à volume élevé du marché automobile international. Lors de la journée des investisseurs de Lucid à New York, l'entreprise a présenté les principaux éléments techniques et stratégiques de sa prochaine plateforme Midsize et a dévoilé son unité d'entraînement électrique Atlas de nouvelle génération. Lucid a également donné un aperçu des mises à jour logicielles et technologiques prévues, notamment un assistant IA embarqué et sa feuille de route en matière d'autonomie, et a réaffirmé sa stratégie de monétisation des logiciels et des services dans le cadre de son expansion.Lucid a également souligné la poursuite du renforcement de son partenariat stratégique avec Uber, dans le cadre duquel les deux entreprises sont en train de finaliser un accord concernant le déploiement de véhicules équipés de la plateforme Midsize de Lucid à une échelle similaire à celle du programme de robotaxis Gravity, avec l'intention d'étendre ce déploiement au fil du temps.Dans leur ensemble, ces annonces marquent une évolution décisive pour Lucid, qui met à profit son leadership technologique et son approche radicale en matière d'efficacité pour renforcer sa capacité d'exécution à court terme et s'engager plus rapidement sur la voie de la rentabilité et de la génération de flux de trésorerie disponibles.« Lucid a déjà prouvé ses capacités grâce à son leadership en matière de technologie et de produits », a déclaré Marc Winterhoff, PDG par intérim de Lucid. « Aujourd'hui, nous conservons intacts l'ADN des produits et de la technologie de Lucid, tout en misant sur une plus grande évolutivité, une meilleure efficacité du capital et une discipline rigoureuse en matière de coûts, ainsi qu'une réduction substantielle des coûts, afin de créer une entreprise florissante dotée d'une trajectoire claire et crédible vers la rentabilité et la génération de flux de trésorerie disponibles, soutenue par ce que nous mettons en œuvre aujourd'hui et ce que nous construisons pour l'avenir. »« Nous considérons Lucid comme un partenaire stratégique clé alors que nous continuons à déployer rapidement des véhicules autonomes dans le monde », a déclaré Dara Khosrowshahi, PDG d'Uber. « L'efficacité inégalée de Lucid, ses architectures de véhicules autonomes et son approche axée sur le client nous donnent confiance en notre capacité à offrir une mobilité autonome à l'échelle mondiale. »Lucid a également présenté Lunar, un concept de robotaxi à deux places conçu sur mesure et basé sur la plateforme Midsize, conçu pour maximiser l'efficacité, l'utilisation et les économies d'exploitation à vie. Alors qu'il est encore en phase de concept, Lunar souligne le potentiel de la plateforme Midsize de l'entreprise pour soutenir les futures applications autonomes et commerciales.Tracer la voie vers la rentabilité : Fondée sur une exécution à court terme et une croissance évolutiveLucid a souligné que sa stratégie est ancrée dans une exécution à court terme. En 2026, l'entreprise se focalise sur l'expansion de Lucid Gravity, l'élargissement de sa portée commerciale internationale, l'avancement des offres et des services logiciels, l'accélération des initiatives de coût des matériaux et d'efficacité de fabrication, tout en maintenant une stricte discipline d'allocation du capital pour raccourcir la voie vers un flux de trésorerie disponible positif.Lucid décrit les principaux leviers qui sous-tendent cette transition : i) évolutivité de la plateforme Midsize afin d'élargir considérablement le marché potentiel et d'optimiser l'absorption des coûts fixes ; ii) une efficacité radicale en matière d'ingénierie et de fabrication pour réduire la nomenclature, notamment en ce qui concerne la batterie, la main-d'œuvre et l'intensité en capital ; iii) une diversification des sources de revenus, notamment grâce aux logiciels, aux services, aux licences de plateforme, aux partenariats dans le domaine des robotaxis et à l'autonomie ; et iv) des partenariats permettant une utilisation efficace du capital, en particulier dans les domaines des robotaxis et des licences de plateforme.« Le leadership technologique de Lucid s'inscrit désormais pleinement dans un modèle d'affaires conçu pour être mis à l'échelle », a déclaré Taoufiq Boussaid, directeur financier de Lucid. « Si la plateforme Midsize améliore fondamentalement la rentabilité unitaire à moyen terme, les progrès à court terme reposent sur le développement de Gravity, une gestion rigoureuse des investissements et la diversification des sources de revenus, qui nous permettent d'accélérer notre progression vers une rentabilité durable et un flux de trésorerie disponible positif. »Lucid Cosmos et Lucid Earth élargissent les segments haut de gamme à volume élevé « Compromise Nothing » La nouvelle plateforme Midsize de Lucid a été conçue à partir de zéro pour offrir des véhicules de premier plan dans le segment à un prix plus accessible, à partir de moins de 50 000 $, tout en continuant l'autonomie, l'efficacité, la performance et le plaisir de conduire qui définissent la marque Lucid.Lucid Cosmos est un VUS conçu pour les clients à la recherche d'une efficacité, d'un espace et d'une performance exceptionnels. Lucid Earth est un VUS qui étend la dynamique de conduite et l'efficacité distinctives de l'entreprise à un produit qui plaira à ceux qui ont un esprit encore plus aventureux. Lucid communiquera ultérieurement davantage de détails sur un troisième modèle Midsize destiné au grand public.« Avec Midsize, nous n'avons pas renoncé à ce qui fait la particularité de Lucid ; nous l'avons conçue pour qu'elle soit évolutive », a déclaré Derek Jenkins, vice-président senior chargé du design et de la marque chez Lucid. « Ces véhicules offrent un design et des caractéristiques de conduite Lucid uniques, tout en adoptant une approche radicalement plus simple et plus efficace en matière de fabrication et de coûts. »La plateforme Midsize accroît l'efficacité tout en réduisant les coûtsLucid a souligné que l'efficacité demeure le principal facteur de différenciation de l'entreprise, non seulement en tant qu'avantage pour le client, mais aussi en tant qu'avantage commercial structurel. Grâce à une efficacité énergétique de pointe à l'échelle mondiale, l'autonomie requise est atteinte avec des batteries nettement plus petites, ce qui constitue un avantage décisif, car celles-ci représentent environ 30 à 40 % du coût d'un véhicule électrique.« Notre leadership en matière d'efficacité se traduit directement par un avantage concurrentiel en termes de coûts grâce à notre plateforme Midsize », a déclaré Emad Dlala, vice-président senior de l'ingénierie et des logiciels chez Lucid. « Des batteries plus petites, moins de composants et une intégration plus poussée se traduisent à la fois par une réduction des coûts, de meilleures performances et une expérience client de qualité supérieure. »Au cœur de la plateforme Midsize se trouve Atlas, le tout nouveau moteur électrique de Lucid. Atlas fait progresser l'approche d'efficacité intégrée de Lucid grâce à une conception plus petite, plus légère et plus simple, dotée de boîtiers et de supports identiques à l'avant et à l'arrière pour améliorer l'échelle de fabrication et la rentabilité.Lucid a également mis en avant sa philosophie de conception axée sur la fabrication, radicalement simplifiée, qui se traduit notamment par la suppression des moulures traditionnelles au niveau de la ligne de ceinture des portes, ce qui permet de réduire le nombre de pièces, le temps d'assemblage et les coûts, tout en créant un design extérieur plus épuré et plus élégant.« En concevant l'ensemble du véhicule comme un système intégré unique, Lucid a relevé la barre pour les véhicules électriques », a déclaré Winterhoff. « Avec Midsize, cette même approche offre les meilleurs produits de sa catégorie et un modèle d'affaires évolutif et rentable qui permet à nos véhicules de rivaliser et de gagner face aux solutions de rechange à combustion à grande échelle. »À propos de Lucid Group
Lucid Group, Inc. (NASDAQ : LCID) est une entreprise technologique qui crée des expériences de mobilité exceptionnelles grâce à l'innovation pour faire progresser le monde. Fondée sur la technologie exclusive de Lucid et les architectures de véhicules définis par logiciel, la gamme de véhicules primés de l'entreprise apporte l'approche « Compromise Nothing™ » de Lucid aux segments haut de gamme du marché automobile mondial. Lucid conçoit et développe ses produits en interne et les fabrique dans ses usines à intégration verticale situées en Arizona et en Arabie saoudite, ce qui lui permet d'innover en permanence dans les domaines des véhicules, des logiciels, ainsi que des systèmes avancés d'aide à la conduite et des fonctionnalités prêtes pour l'autonomie.Déclarations prospectives
Le présent communiqué comprend des « déclarations prospectives » au sens des dispositions de la « sphère de sécurité » de la loi américaine intitulée Private Securities Litigation Reform Act of 1995. Les déclarations prospectives peuvent être identifiées par l'utilisation de termes tels que « estimer », « planifier », « projeter », « prévoir », « avoir l'intention de », « s'attendre à », « anticiper », « croire », « chercher à », « cibler », « continuer », « pouvoir », « possible », « potentiel », « prédire » ou d'autres expressions similaires qui prédisent ou indiquent des événements ou des tendances futurs ou qui ne sont pas des déclarations sur des sujets historiques. Ces énoncés prospectifs comprennent, sans s'y limiter, des énoncés concernant les attentes de Lucid quant au moment d'atteindre la marge bénéficiaire brute et le flux de trésorerie disponible positif, l'avancement de la relation stratégique avec Uber, l'expansion des sources de revenus, le rendement éventuel du nouveau système d'entraînement Atlas, les détails et le prix de départ des véhicules Midsize, le troisième modèle de consommation Midsize à venir, le concept de robotaxi lunaire et la stratégie de Lucid. Ces déclarations sont basées sur diverses hypothèses, identifiées ou non dans cette communication, et sur les attentes actuelles de la direction de Lucid. Ces déclarations prospectives ne sont pas destinées à servir de garantie, d'assurance ou de déclaration définitive de fait ou de probabilité, et ne doivent pas être considérées comme telles par un investisseur. Les événements et circonstances réels sont difficiles ou impossibles à prévoir et peuvent différer de ces déclarations prospectives. De nombreux événements et circonstances réels échappent au contrôle de Lucid. Ces déclarations prospectives sont soumises à un certain nombre de risques et d'incertitudes, notamment les facteurs évoqués dans la mise en garde et la section « Facteurs de risque » de notre rapport annuel sur le formulaire 10-K pour l'exercice clos le 31 décembre 2025, dans les rapports courants ultérieurs sur le formulaire 8-K, ainsi que dans d'autres documents que Lucid a déposés ou déposera auprès de la Securities and Exchange Commission. Si l'un de ces risques se matérialise ou si les hypothèses de Lucid s'avèrent incorrectes, les résultats réels pourraient différer matériellement des résultats implicites de ces déclarations prospectives. Il peut exister d'autres risques que Lucid ne connaît pas actuellement ou que la société considère comme non significatifs, susceptibles d'entraîner une différence entre les résultats réels et ceux contenus dans les déclarations prospectives. En outre, les déclarations prospectives reflètent les attentes, les plans ou les prévisions de Lucid concernant des événements et des points de vue futurs à la date de cette communication. Lucid prévoit que des événements et des développements ultérieurs entraîneront une modification de ses appréciations. Cependant, bien que Lucid puisse décider de mettre à jour ces déclarations prospectives à un moment donné dans le futur, la société décline expressément toute obligation de le faire. Ces déclarations prospectives ne doivent pas être considérées comme représentant les appréciations de Lucid à toute date postérieure à la date de cette communication. En conséquence, il convient de ne pas accorder une confiance excessive aux déclarations prospectives.Contact des médias
media@lucidmotors.comMarques de commerce
Cette communication contient des marques de commerce, des marques de service, des noms commerciaux et des droits d'auteur de Lucid Group, Inc. et de ses filiales et autres sociétés, qui sont la propriété de leurs propriétaires respectifs.        Vidéo - https://mma.prnewswire.com/media/2932669/Atlas_Explainer_Animation.mp4
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SOURCE Lucid Group

Original: Lucid dévoile les détails de sa future plateforme Midsize et annonce de nouvelles sources de revenus récurrents, esquissant ainsi une voie rigoureuse vers une croissance rentable

Lucid Announces First Retail Partnership in Europe: Wackenhut to Launch Sales and Service Operations in GermanyMarch 16, 2026 5:00 AM
PR Newswire (US)

Lucid has started the expansion of its distribution footprint in Europe, combining its existing direct-to-consumer approach with new retail partners.German retailer Wackenhut, one of the region's most established premium dealer groups, becomes Lucid's first-ever retail partner, with sales and service operations to begin in Baden-Baden from March 30, 2026, and Stuttgart this summer.MUNICH, March 16, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced software-defined vehicles and technologies, today announced the signing of Wackenhut as its first retail partner in Europe. The long-established, family-owned automotive retail group headquartered in Nagold, Germany, will begin selling and servicing Lucid's full vehicle portfolio in their facilities in Baden-Baden starting from March 30, 2026, with Stuttgart to follow this summer. Additional Wackenhut facilities will support service operations, expanding regional coverage and offering additional service accessibility for Lucid customers as an extension of Lucid's directly operated sales and service network in the country.
Lucid's hybrid retail strategy is designed to complement its direct-to-consumer model with an independent retail partner, allowing the company to expand its presence while maintaining a premium customer experience. This partnership marks a significant milestone in Lucid's global development, representing a decisive and cost-efficient approach to European expansion while further diversifying the company's revenue base.From Direct-to-Consumer to a Hybrid Retail Network
Since entering Europe, Lucid has operated through a direct-to-consumer model. In Germany, the Lucid Studios in Munich, Frankfurt, Dusseldorf, and Hamburg, as well as several Lucid Service Centers and Mobile Service Hubs provide dedicated maintenance, repairs, and on-site customer support. Under the new hybrid model, Lucid retains responsibility for brand positioning and pricing structure, while partners manage regional sales and service operations."We are entering the next phase of Lucid's journey in Europe, and we are pleased to launch this new distribution strategy with Wackenhut, a partner that shares our ambition to actively drive Lucid's growth in one of our most important markets, Germany," said Lawrence Hamilton, President Europe at Lucid. "With two award-winning vehicles available, now is the right moment to expand our sales and service capabilities through partnerships with excellent and experienced retailers such as Wackenhut. We look forward to bringing the Lucid experience to more drivers across Europe in the near future.""For us, innovation has always meant more than progress, it means responsibility. Responsibility to improve, to rethink and to evolve continuously," said Ernst-Jürgen Wackenhut, CEO at Wackenhut. "That is why we are joining forces with Lucid, a brand born out of innovation. We come from different beginnings, yet we are united by a shared vision and goal – accelerating in the same direction, on one lane towards the future of mobility."Wackenhut is one of the region's most established premium dealer groups, known for its strong customer focus and long-standing presence with 11 locations across Baden-Württemberg. Its EV-ready facilities and certified high-voltage technicians make the company an ideal partner for Lucid's European expansion.For more details about Lucid Motors and its products, visit the official Lucid website: https://lucidmotors.com/For more details about Wackenhut, visit the official website: https://www.wackenhut.de/High-resolution images of the Event and the Lucid Gravity are available here: https://assets.lucidmotors.com/transfer/ca4da7dca2732eda4beeade58a827ef83918d0f80c80dd2fdc1d2554ef7fb93bAbout Lucid Group
Lucid Group, Inc. (NASDAQ: LCID) is a technology company creating exceptional mobility experiences through innovation to drive the world forward. Built on Lucid's proprietary technology and software defined vehicle architectures, the company's lineup of award-winning vehicles brings Lucid's "Compromise Nothing™" approach to premium segments of the global automotive market. Lucid designs and engineers its products in-house and manufactures at its vertically integrated facilities in Arizona and Saudi Arabia, enabling continuous innovation across vehicles, software, and advanced driver assistance and autonomy-ready capabilities.About Wackenhut
Founded in 1948 and headquartered in Nagold, Wackenhut is a family-owned premium automotive retail group with strong roots across Baden-Württemberg. The company operates multiple sales and service locations in the greater Stuttgart and Black Forest regions and is recognized for its expertise in premium automotive brands. Its modern facilities are equipped for advanced electric vehicle service and staffed by certified high-voltage technicians, ensuring a high-quality customer and ownership experience.Media Contact
Sebastian Michel
PR & Communications Manager Europe Lucid
preurope@lucidmotors.comCamilla Jokisch
Senior PR Specialist Europe Lucid
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Original: Lucid Announces First Retail Partnership in Europe: Wackenhut to Launch Sales and Service Operations in Germany

And their stock price drops. Price of oil is up, and interest in EVs is rising.

Lucid Details Upcoming Midsize Platform and Announces New Recurring Revenue Streams, Outlining a Disciplined Path to Profitable ScaleMarch 12, 2026 11:30 AM
PR Newswire (US)

Multifaceted strategy to achieve profitability includes: expanded software and mobility revenue streams, manufacturing scale, rigorous capital allocation, and material cost reductionsRevealed key technical and strategic details of its upcoming Midsize platform, which delivers segment leading features with improved manufacturing efficiency and costPlatform includes three models, the first two are Lucid Cosmos and Lucid EarthHighlighted advanced discussions with Uber to finalize an agreement to deploy Lucid Midsize platform vehicles at a scale similar to the Gravity robotaxi program, with intention to increase over time Introduced Lunar, a purpose-built robotaxi concept based on the Midsize platformNew Atlas drive unit extends Lucid's efficiency leadership while lowering cost NEWARK, Calif., March 12, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced software-defined vehicles and technologies, today announced a comprehensive financial and product strategy designed to scale its business, accelerate its path to profitability and positive free cash flow, and extend its technology leadership into higher volume premium segments of the global automotive market.



At Lucid's investor day in New York, the company outlined key technical and strategic elements of its upcoming Midsize platform and revealed its next-generation Atlas electric drive unit. Lucid also previewed planned software and technology updates, including an in-vehicle AI assistant and its autonomy roadmap, and reinforced its strategy to monetize software and services as it scales.Lucid also highlighted continued advancement of its strategic relationship with Uber, as the companies finalize an agreement to deploy Lucid Midsize platform vehicles at a scale similar to the Gravity robotaxi program, with intention to increase over time.Together, these announcements mark a pivotal evolution for Lucid as the company leverages its technology leadership and radical efficiency approach to strengthen near-term execution and accelerate its path to profitability and free cash flow generation."Lucid has already proven its capabilities through technology and product leadership," said Marc Winterhoff, Interim CEO at Lucid. "Today, we're keeping the same Lucid product and technology DNA intact, while applying increased scale, capital efficiency, and cost discipline, and materially reduced costs, to enable a great business with a clear and credible path to profitability and free cash flow, supported by what we are executing now and what we are building for the future.""We view Lucid as a key strategic partner as we continue to rapidly deploy autonomous vehicles around the world," said Dara Khosrowshahi, CEO at Uber. "Lucid's unmatched efficiency, autonomy-ready vehicle architectures, and customer-centric approach give us confidence in our ability to deliver autonomous mobility together at global scale."Lucid also introduced Lunar, a purpose built two-seat robotaxi concept based on the Midsize platform, designed to maximize efficiency, utilization, and lifetime operating economics. While still in the concept phase, Lunar highlights the potential of the company's Midsize platform to support future autonomous and commercial applications.Outlining a Path to Profitability: Built on Near-Term Execution and Scalable GrowthLucid emphasized that its strategy is anchored in near-term execution. In 2026, the company is focused on further scaling Lucid Gravity, expanding its global commercial reach, advancing software offerings and services, accelerating material cost and manufacturing efficiency initiatives, while maintaining strict capital allocation discipline to shorten the path to positive free cash flow.Lucid outlined the key levers underpinning this transition: i) Midsize platform scale to significantly increase addressable market and fixed-cost absorption; ii) radical efficiency in engineering and manufacturing to reduce bill of materials, including the battery, labor, and capital intensity; iii) diversified revenue, including software, services, platform licensing, robotaxi partnerships, and autonomy; and (iv) capital-efficient partnerships, particularly in robotaxis and platform licensing."Lucid's technology leadership is now fully aligned with a business model designed for scale," said Taoufiq Boussaid, CFO at Lucid. "While the Midsize platform fundamentally improves unit economics in the mid-term, near-term progress is driven by scaling Gravity, disciplined capital deployment, and diversified revenue streams that accelerate our path to sustainable profitability and positive free cash flow."Lucid Cosmos and Lucid Earth Expand "Compromise Nothing" into High-Volume Premium Segments Lucid's new Midsize platform has been engineered from the ground up to deliver segment-leading vehicles at a more accessible price point, starting below $50,000, while continuing the range, efficiency, performance, and driving pleasure that define the Lucid brand.Lucid Cosmos is an SUV designed for customers seeking exceptional efficiency, space, and performance. Lucid Earth is an SUV that extends the company's signature driving dynamics and efficiency into a product to appeal to those with an even more adventurous spirit. Lucid will share additional details on a third Midsize consumer model later."With Midsize, we didn't compromise what makes a Lucid special, we engineered it to scale," said Derek Jenkins, Senior Vice President of Design and Brand at Lucid. "These vehicles deliver unmistakable Lucid design and driving characteristics, while embracing a radically simpler, more efficient approach to manufacturing and cost."Midsize Platform Extends Efficiency Leadership While Lowering CostLucid emphasized that efficiency remains the company's core differentiator, not only as a customer benefit, but as a structural business advantage. Industry-leading world efficiency enables required range with significantly smaller battery packs, a critical advantage as they represent approximately 30–40% of the cost of an electric vehicle."Our efficiency leadership directly translates into cost leadership with our Midsize platform," said Emad Dlala, Senior Vice President of Engineering and Software at Lucid. "Smaller batteries, fewer parts, and tighter integration mean lower cost, better performance, and a superior customer experience, all at the same time."At the heart of the Midsize platform is Atlas, Lucid's all new electric drive unit. Atlas advances Lucid's integrated efficiency approach through a smaller, lighter, and simpler design, featuring identical front and rear housings and mounts to improve manufacturing scale and cost efficiency.Lucid also highlighted its radically simplified design-for-manufacturing philosophy, including, as one example, the elimination of traditional beltline moldings on the doors, reducing part count, assembly time, and cost, while creating a cleaner, sleeker exterior design."By designing the entire vehicle as one integrated system, Lucid has raised the bar for electric vehicles," said Winterhoff. "With Midsize, that same approach delivers best-in-class products and a scalable, profitable business model that positions our vehicles to compete and win against combustion powered alternatives at scale."About Lucid Group
Lucid Group, Inc. (NASDAQ: LCID) is a technology company creating exceptional mobility experiences through innovation to drive the world forward. Built on Lucid's proprietary technology and software defined vehicle architectures, the company's lineup of award-winning vehicles brings Lucid's "Compromise Nothing™" approach to premium segments of the global automotive market. Lucid designs and engineers its products in-house and manufactures at its vertically integrated facilities in Arizona and Saudi Arabia, enabling continuous innovation across vehicles, software, and advanced driver assistance and autonomy-ready capabilities.Forward-Looking Statements
This communication includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "shall," "expect," "anticipate," "believe," "seek," "target," "continue," "could," "may," "might," "possible," "potential," "predict" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Lucid's expectations related to the timing of reaching gross margin profitability and positive free cash flow, advancement of the strategic relationship with Uber, expansion of revenue streams, eventual performance of the new Atlas drive unit, the details and the starting pricing of Midsize vehicles, the upcoming third Midsize consumer model, the Lunar robotaxi concept, and Lucid's strategy. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of Lucid's management. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond the control of Lucid. These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed under the cautionary language and the Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2025, subsequent Current Reports on Form 8-K, and other documents Lucid has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or Lucid's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lucid currently does not know or that Lucid currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lucid's expectations, plans or forecasts of future events and views as of the date of this communication. Lucid anticipates that subsequent events and developments will cause Lucid's assessments to change. However, while Lucid may elect to update these forward-looking statements at some point in the future, Lucid specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Lucid's assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.Media Contact
media@lucidmotors.comTrademarks
This communication contains trademarks, service marks, trade names and copyrights of Lucid Group, Inc. and its subsidiaries and other companies, which are the property of their respective owners.










































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Original: Lucid Details Upcoming Midsize Platform and Announces New Recurring Revenue Streams, Outlining a Disciplined Path to Profitable Scale

Lucid Announces Agenda Ahead of Investor Day on March 12March 9, 2026 4:05 PM
PR Newswire (US)

NEWARK, Calif., March 9, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced the agenda for its upcoming Investor Day. The event will be webcast beginning at 8:00 a.m. ET on March 12, 2026, and will offer the investment community and media a detailed view of Lucid's strategic priorities, key growth drivers, and path to sustainable value creation and improved financial performance.







As part of the event, Lucid will also welcome Andrew Macdonald, President and Chief Operating Officer at Uber, for a fireside chat with Marc Winterhoff, Interim CEO at Lucid. Their discussion will focus on the future of robotaxis adoption and the two companies' partnership on a next-generation robotaxi service, set to launch commercially later this year.Lucid Investor Day Agenda:Our Next Chapter: Accelerating to Profitability with Marc Winterhoff, Interim CEORevenue Growth: Lucid Air & Lucid Gravity Momentum with Erwin Raphael, SVP of Global RevenueMidsize: Scale and Profitability Catalyst with Derek Jenkins, SVP of Design & Brand, Zach Walker, Chief Engineer and Emad Dlala, SVP of Engineering & SoftwareAutonomy: L4-Ready Platforms, Faster Path to Market with Kay Stepper, VP of Advanced Driving SystemsFireside Chat with Andrew Macdonald, President and Chief Operating Officer at Uber and Marc WinterhoffFinancial Roadmap: Scale, Profitability and Capital Discipline with Taoufiq Boussaid, CFOIn-person attendance is by invitation only. Additional details, including registration information for the live event webcast and access to presentation materials, is available on Lucid's investor relations website at https://ir.lucidmotors.com. A replay will be available for a limited time following the conclusion of the event.About Lucid Group
Lucid (NASDAQ: LCID) is a Silicon Valley-based technology company focused on creating the most advanced EVs in the world. The award-winning Lucid Air and Lucid Gravity SUV deliver best-in-class performance, sophisticated design, expansive interior space and unrivaled energy efficiency. Lucid assembles both vehicles in its state-of-the-art, vertically integrated factories in Arizona and Saudi Arabia. Through its industry-leading technology and innovations, Lucid is advancing the state-of-the-art of EV technology for the benefit of all.Investor Relations Contact:
investor@lucidmotors.comSign up for investor email alerts: ir.lucidmotors.com/ir-resources/email-alertsMedia Contact:
media@lucidmotors.comTrademarks:
This communication contains trademarks, service marks, trade names and copyrights of Lucid Group, Inc. and its subsidiaries and other companies, which are the property of their respective owners. 



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Original: Lucid Announces Agenda Ahead of Investor Day on March 12

Lucid Leadership to Speak at the Cantor Global Technology & Industrial Growth ConferenceMarch 9, 2026 11:43 AM
PR Newswire (US)

NEWARK, Calif., March 9, 2026  /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced Marc Winterhoff, Interim CEO, and Taoufiq Boussaid, CFO, will participate in a fireside chat at the 2026 Cantor Global Technology & Industrial Growth Conference on Tuesday, March 10.







The session is scheduled for 9:20 am EDT and will be webcast live on Lucid's investor relations website at https://ir.lucidmotors.com. A replay of the webcast will be available for 90 days following the live presentation.About Lucid Group 
Lucid (NASDAQ: LCID) is a Silicon Valley-based technology company focused on creating the most advanced EVs in the world. The award-winning Lucid Air and Lucid Gravity deliver best-in-class performance, sophisticated design, expansive interior space and unrivaled energy efficiency. Lucid assembles both vehicles in its state-of-the-art, vertically integrated factories in Arizona and Saudi Arabia. Through its industry-leading technology and innovations, Lucid is advancing the state-of-the-art of EV technology for the benefit of all.Investor Relations Contact
investor@lucidmotors.comMedia Contacts
media@lucidmotors.com Trademarks
This communication contains trademarks, service marks, trade names and copyrights of Lucid Group, Inc. and its subsidiaries and other companies, which are the property of their respective owners. 



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Original: Lucid Leadership to Speak at the Cantor Global Technology & Industrial Growth Conference

Lucid Files Resale Prospectus SupplementFebruary 24, 2026 4:06 PM
PR Newswire (US)

NEWARK, Calif., Feb. 24, 2026 /PRNewswire/ -- Lucid Group, Inc. (Nasdaq: LCID), maker of the world's most advanced electric vehicles, today announced that it has filed a prospectus supplement with the Securities and Exchange Commission to register for resale up to 69,108,837 shares of its Class A Common Stock.







No new shares will be issued or sold by Lucid in connection with this resale prospectus supplement. The shares were registered solely to fulfill Lucid's contractual obligations to (i) SMB Holding Corporation, a subsidiary of Uber Technologies, Inc., with respect to shares issued to SMB in a private placement, and (ii) Ayar Third Investment Company, an affiliate of the Public Investment Fund, with respect to shares that Ayar is entitled to purchase from a certain forward counterparty pursuant to the prepaid forward transactions Ayar entered into in connection with Lucid's convertible senior notes offerings in 2025.Registration of these shares does not mean that the holders will offer or sell any of their shares. In fact, SMB cannot sell its shares until March 2027, and the shares under the prepaid forward transactions are expected to be delivered to Ayar in April 2030 and November 2031, respectively, subject to possible early settlement in certain circumstances.This press release does not constitute an offer to sell or the solicitation of an offer to buy shares of Lucid's common stock, nor shall there be any sale of these shares in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.About Lucid GroupLucid (NASDAQ: LCID) is a Silicon Valley-based technology company focused on creating the most advanced EVs in the world. The award-winning Lucid Air and Lucid Gravity deliver best-in-class performance, sophisticated design, expansive interior space and unrivaled energy efficiency. Lucid assembles both vehicles in its state-of-the-art, vertically integrated factories in Arizona and Saudi Arabia. Through its industry-leading technology and innovations, Lucid is advancing the state-of-the-art of EV technology for the benefit of all.Investor Relations Contactinvestor@lucidmotors.com Media Contactmedia@lucidmotors.com Forward-Looking StatementsThis communication includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "shall," "expect," "anticipate," "believe," "seek," "target," "continue," "could," "may," "might," "possible," "potential," "predict" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the timing of the sale of shares of Lucid's common stock. Actual events and circumstances may differ from these forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties. Among those risks and uncertainties are market conditions and risks relating to Lucid's business, including those factors discussed under the cautionary language and the Risk Factors in Lucid's Annual Report on Form 10-K for the year ended December 31, 2025, and other documents Lucid has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or Lucid's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lucid currently does not know or that Lucid currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Lucid cannot provide any assurances regarding its ability to effectively apply the net proceeds as described above. In addition, forward-looking statements reflect Lucid's expectations, plans or forecasts of future events and views as of the date of this communication. Lucid anticipates that subsequent events and developments will cause Lucid's assessments to change. However, while Lucid may elect to update these forward-looking statements at some point in the future, Lucid specifically disclaims any obligation to do so. Accordingly, undue reliance should not be placed upon the forward-looking statements.



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Original: Lucid Files Resale Prospectus Supplement

Lucid Announces Fourth Quarter and Full Year 2025 Financial ResultsFebruary 24, 2026 4:05 PM
PR Newswire (US)

Financial HighlightsDelivered 5,345 vehicles in Q4 and 15,841 vehicles in 2025; up 72% compared to Q4 2024 and up 55% compared to full year 2024Nearly doubled production year over year and in-line with 2025 annual production guidance of approximately 18,000 vehicles despite supply chain and tariff headwindsQ4 2025 revenue of $522.7 million, up 123% compared to Q4 2024, and annual revenue of $1,353.8 million, up 68% compared to full year 2024GAAP diluted net loss per share of $(3.62) in Q4 2025 and $(12.09) in full year 2025Ended the quarter with approximately $4.6 billion in total liquidity2026 production guidance of 25,000-27,000 vehiclesOperational HighlightsAchieved an eighth consecutive quarter of record deliveries and grew full year deliveries more than 50% year over year, with continued U.S. luxury EV share gainsImproved execution across manufacturing and operations by ramping Lucid Gravity and reducing unit costsAdvanced long-term growth platforms in autonomy, robotaxi development, and software while expanding global manufacturing and the Company's sales and service footprintReceived multiple top-tier awards for product excellence, including Car and Driver 10Best recognition for both
Lucid Gravity and Lucid AirNEWARK, Calif., Feb. 24, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced financial results for its fourth quarter and full year ended December 31, 2025. The earnings presentation is available on its investor relations website (https://ir.lucidmotors.com).







The Company delivered 15,841 vehicles in 2025. Lucid today also announced its 2026 annual production guidance of 25,000 – 27,000 vehicles and will continue to prudently manage and adjust production to meet sales and delivery needs.Lucid reported fourth quarter revenue of $522.7 million and annual revenue of $1,353.8 million, ending the quarter with approximately $4.6 billion in total liquidity."2025 was all about execution and strategy adjustment to set Lucid up for long-term success. Against a challenging macro backdrop, we nearly doubled production, gained market share, reduced unit costs, and strengthened our financial position," said Marc Winterhoff, Interim CEO at Lucid. "We advanced and launched our autonomy strategy, leveraging our industry-leading technology and strong partnerships to position Lucid as an early mover in the emerging robotaxi market and to deliver differentiated autonomy capabilities to our customers in a capital-efficient way. In 2026, our focus remains on operational and financial discipline, sustainable growth, and continued progress toward profitability, while we look forward to the production of the first of our Midsize vehicles and the deployment of the first Lucid robotaxis into commercial service with our partners.""Q4 marked a clear step-change in production and unit economics. The progress we made is structural, creating a more repeatable and stable operating cadence heading into 2026," said Taoufiq Boussaid, CFO at Lucid. "Our liquidity position remains strong, providing us with the flexibility to execute near-term objectives while investing in future growth. As we prepare for the next stage of our product and volume expansion, we are making targeted adjustments to our U.S.-based, non-manufacturing workforce to reallocate resources to support the next stage of our growth and margin progression. We remain committed to financial rigor, operational efficiency, and thoughtful capital allocation to drive long-term value creation."On January 5, 2026, Lucid announced preliminary production of 18,378 vehicles for full year 2025 and 8,412 vehicles for the fourth quarter of 2025. Following that announcement, management determined that 538 vehicles had not completed certain internal procedures required under its final validation process to be classified as produced. As a result, the Company is revising its reported production totals to 17,840 vehicles for full year 2025, in line with the 2025 annual production guidance of approximately 18,000 vehicles, and 7,874 vehicles for the fourth quarter of 2025. These vehicles are expected to complete the final validation process in 2026. This revision relates to the timing of when vehicles are classified as produced under the Company's internal criteria and does not affect previously reported financial results.   Lucid will host a conference call for analysts and investors at 2:30 P.M. PT / 5:30 P.M. ET on February 24, 2026. The live webcast of the conference call will be available on the Investor Relations website at ir.lucidmotors.com. Following the completion of the call, a replay will be available on the same website. Lucid uses its ir.lucidmotors.com website as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.About Lucid GroupLucid (NASDAQ: LCID) is a Silicon Valley-based technology company focused on creating the most advanced EVs in the world. The award-winning Lucid Air and Lucid Gravity deliver best-in-class performance, sophisticated design, expansive interior space and unrivaled energy efficiency. Lucid assembles both vehicles in its state-of-the-art, vertically integrated factories in Arizona and Saudi Arabia. Through its industry-leading technology and innovations, Lucid is advancing the state-of-the-art of EV technology for the benefit of all.Investor Relations Contactinvestor@lucidmotors.comMedia Contact media@lucidmotors.comTrademarks This communication contains trademarks, service marks, trade names and copyrights of Lucid Group, Inc. and its subsidiaries and other companies, which are the property of their respective owners.Forward-Looking StatementsThis communication includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "shall," "expect," "anticipate," "believe," "seek," "target," "continue," "could," "may," "might," "possible," "potential," "predict," "scheduled" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding results of operations, financial outlook and condition, guidance, liquidity, capital expenditures, prospects, growth, production volumes, strategies, management, and the markets in which Lucid operates, including expectations of financial and operational metrics, projections of market opportunity, market share and product sales, plans and expectations related to commercial product launches and future programs, initiatives and products, including the Midsize program, plans and expectations on vehicle production and delivery timing and volumes, expectations regarding market opportunities and demand for Lucid's products, the range, features, specifications, performance, production and delivery of Lucid's vehicles and potential impact on markets, plans and expectations regarding further monetization opportunities, plans and expectations regarding Lucid's software, technology features and capabilities, including with respect to battery and powertrain systems, plans and expectations regarding Lucid's systems approach to the design of the vehicles, estimate of Lucid's technology lead over competitors, estimate of the length of time Lucid's existing cash, cash equivalents and investments will be sufficient to fund planned operations, plans and expectations regarding Lucid's liquidity runway, future capital raises and funding strategy, plans and expectations regarding future manufacturing capabilities and facilities, logistics and supply chain, studio and service center openings, sales channels and strategies, test drive, ability to mitigate supply chain and logistics risks, plans and expectations regarding expansion and construction of Lucid's AMP-1 and AMP-2 manufacturing facilities and capabilities, including potential benefits, ability to vertically integrate production processes, future sales channels and strategies, future market launches and international expansion, Lucid's ability to grow its brand awareness, plans and expectations regarding management transitions, the potential success of Lucid's distribution strategy and future vehicle programs, potential automotive and strategic partnerships and their anticipated benefits, plans and expectations regarding Lucid's ADAS/AD roadmap and robotaxi program, expectations on the technology licensing landscape, expectations on the regulatory and political environment, and the promise of Lucid's technology. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of Lucid's management. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond the control of Lucid. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, economic, market, financial, political, regulatory and legal conditions, including changes of policies, imposition or proposed imposition of tariffs, export controls, threat of a trade war, the risk of a global economic recession or other downturn, bank closures and liquidity concerns at financial institutions, and global or regional conflicts or other geopolitical events, including recent geopolitical tensions in Venezuela; risks related to changes in overall demand for Lucid's products and services and cancellation of orders for Lucid's vehicles; risks related to prices and availability of commodities and components, including rare-earth minerals, semiconductors and their related products, and other materials, Lucid's supply chain, logistics, inventory management and quality control, and Lucid's ability to complete the tooling of its manufacturing facilities over time and scale production of Lucid's vehicles; risks related to the uncertainty of Lucid's projected financial and operational information; risks related to the timing of expected business milestones and commercial product launches; risks related to the construction and expansion of Lucid's manufacturing facilities and the increase of Lucid's production capacity; Lucid's ability to manage expenses and control costs; risks related to future market adoption of Lucid's offerings; the effects of competition and the pace and depth of electric vehicle adoption generally on Lucid's business; changes in regulatory requirements, policies, and governmental incentives; changes in fuel and energy prices; Lucid's ability to rapidly innovate; Lucid's ability to enter into or maintain partnerships with original equipment manufacturers, vendors and technology providers, including its ability to realize the anticipated benefits of its transactions with Aston Martin, Uber, Nuro and NVIDIA; risks related to potential vehicle recalls; Lucid's ability to establish and expand its brand, and capture additional market share, and the risks associated with negative press or reputational harm; Lucid's ability to effectively manage its growth and recruit and retain key employees, including its executive team; Lucid's ongoing need to attract, retain, and motivate key employees, including engineering and management employees, as Lucid has undertaken multiple significant management changes in the past, including its CEO; risks related to Lucid's outstanding redeemable convertible preferred stock; availability, reduction or elimination of, and Lucid's ability to obtain and effectively utilize, zero emission vehicle credits, tax incentives, and other governmental and regulatory programs and incentives; Lucid's ability to conduct equity, equity-linked or debt financings in the future; Lucid's ability to pay interest and principal on its indebtedness; future changes to vehicle specifications which may impact performance, features, pricing and other expectations; the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries; and those factors discussed under the cautionary language and the Risk Factors in Lucid's Annual Report on Form 10-K for the year ended December 31, 2025, and other documents Lucid has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or Lucid's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lucid currently does not know or that Lucid currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lucid's expectations, plans or forecasts of future events and views as of the date of this communication. Lucid anticipates that subsequent events and developments will cause Lucid's assessments to change. However, while Lucid may elect to update these forward-looking statements at some point in the future, Lucid specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Lucid's assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.Non-GAAP Financial Measures and Key Business MetricsConsolidated financial information has been presented in accordance with US GAAP ("GAAP") as well as on a non-GAAP basis to supplement Lucid's consolidated financial results. Lucid's non-GAAP financial measures include Adjusted EBITDA, adjusted net loss attributable to common stockholders (diluted), adjusted net loss per share attributable to common stockholders (diluted), and free cash flow, which are discussed below.Adjusted EBITDA is defined as net loss attributable to common stockholders (basic) before (1) interest expense, (2) interest income, (3) provision for (benefit from) income taxes, (4) depreciation and amortization, (5) stock-based compensation, (6) restructuring charges, (7) change in fair value of common stock warrant liability, (8) change in fair value of equity securities of a related party, (9) change in fair value of derivative liabilities associated with redeemable convertible preferred stock (related party), (10) accretion of redeemable convertible preferred stock (related party), and (11) gain on extinguishment of debt. Lucid believes that Adjusted EBITDA provides useful information to Lucid's management and investors about Lucid's financial performance.Adjusted net loss attributable to common stockholders (diluted) is defined as net loss attributable to common stockholders (diluted) excluding (1) stock-based compensation, (2) restructuring charges, (3) change in fair value of common stock warrant liability, (4) change in fair value of equity securities of a related party, (5) change in fair value of derivative liabilities associated with redeemable convertible preferred stock (related party), and (6) accretion of redeemable convertible preferred stock (related party).Lucid defines and calculates adjusted net loss per share attributable to common stockholders (diluted) as adjusted net loss attributable to common stockholders (diluted) divided by weighted-average shares outstanding attributable to common stockholders (diluted).Lucid believes that adjusted net loss attributable to common stockholders (diluted) and adjusted net loss per share attributable to common stockholders (diluted) financial measures provide investors with useful information to evaluate performance of its business excluding items not reflecting ongoing operating activities.Free cash flow is defined as net cash used in operating activities less capital expenditures. Lucid believes that free cash flow provides useful information to Lucid's management and investors about the amount of cash generated by the business after necessary capital expenditures.These non-GAAP financial measures facilitate management's internal comparisons to Lucid's historical performance. Management believes that it is useful to supplement its GAAP financial statements with this non-GAAP information because management uses such information internally for its operating, budgeting, and financial planning purposes. Management also believes that presentation of the non-GAAP financial measures provides useful information to Lucid's investors regarding measures of its financial condition and results of operations that Lucid uses to run the business and therefore allows investors to better understand Lucid's performance. However, these non-GAAP financial and key performance measures have limitations as analytical tools and you should not consider them in isolation or as substitutes for analysis of the Company's  results as reported under GAAP.Non-GAAP information is not prepared under a comprehensive set of accounting rules and therefore, should only be read in conjunction with financial information reported under GAAP when understanding Lucid's operating performance. In addition, other companies, including companies in Lucid's industry, may calculate non-GAAP financial measures and key performance measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of Lucid's non-GAAP financial measures and key performance measures as tools for comparison. A reconciliation between GAAP and non-GAAP financial information is presented below.LUCID GROUP, INC.CONSOLIDATED BALANCE SHEETS(in thousands, except share and per share data)


December 31,
2025
December 31,
2024ASSETS



Current assets:



Cash and cash equivalents
$           997,827
$        1,606,865Short-term investments (including $50,000 and $15,000 associated with a related party as of December 31, 2025 and 2024, respectively)
631,093
2,424,103Accounts receivable, net (including $120,540 and $57,909 from a related party as of December 31, 2025 and 2024, respectively)
177,162
112,025Inventory
1,109,529
407,774Prepaid expenses
59,606
52,951Other current assets (including nil and $34,503 associated with a related party as of December 31, 2025 and 2024, respectively)
324,434
270,218Total current assets
3,299,651
4,873,936Property, plant and equipment, net
3,978,132
3,262,612Right-of-use assets
241,974
211,886Long-term investments (including $24,259 and $57,831 associated with a related party as of December 31, 2025 and 2024, respectively)
512,241
1,050,054Other noncurrent assets
354,983
249,443TOTAL ASSETS
$        8,386,981
$        9,647,931




LIABILITIES



Current liabilities:



Accounts payable
$           487,521
$           133,832Finance lease liabilities, current portion
84,222
6,788Current portion of debt (including $467,963 and $126,417 associated with a related party as of December 31, 2025 and 2024, respectively)
671,746
126,417Other current liabilities (including $81,580 and nil associated with a related party as of December 31, 2025 and 2024, respectively)
1,392,641
898,254Total current liabilities
2,636,130
1,165,291Finance lease liabilities, net of current portion
104,559
76,096Debt, net of current portion
2,046,576
2,002,151Other long-term liabilities (including $123,198 and $121,136 associated with related parties as of December 31, 2025 and 2024, respectively)
582,739
592,314Derivative liabilities associated with redeemable convertible preferred stock (related party)
16,200
639,425Total liabilities
5,386,204
4,475,277




REDEEMABLE CONVERTIBLE PREFERRED STOCK



Preferred stock 10,000,000 shares authorized as of December 31, 2025 and 2024, Series A redeemable convertible preferred stock, par value $0.0001; 100,000 shares issued and outstanding as of December 31, 2025 and 2024; liquidation preference of $1,350,441 and $1,138,825 as of December 31, 2025 and 2024, respectively (related party)
1,339,641
730,025Preferred stock 10,000,000 shares authorized as of December 31, 2025 and 2024, Series B redeemable convertible preferred stock, par value $0.0001; 75,000 shares issued and outstanding as of December 31, 2025 and 2024; liquidation preference of $949,249 and $800,442 as of December 31, 2025 and 2024, respectively (related party)
943,849
569,817Total redeemable convertible preferred stock
2,283,490
1,299,842




STOCKHOLDERS' EQUITY



Common stock, par value $0.0001; 1,500,000,000 shares authorized as of December 31, 2025 and 2024; 327,451,844 and 303,221,972 shares issued and 327,366,062 and 303,136,190 shares outstanding as of December 31, 2025 and 2024, respectively(1)
33
30Additional paid-in capital
16,337,023
16,808,291Treasury stock, at cost, 85,782 shares at December 31, 2025 and 2024(1)
(20,716)
(20,716)Accumulated other comprehensive income (loss)
11,692
(2,099)Accumulated deficit
(15,610,745)
(12,912,694)Total stockholders' equity
717,287
3,872,812TOTAL LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY
$        8,386,981
$        9,647,931
 (1) The number of shares of common stock and treasury stock have been adjusted for the prior period presented to reflect the one-for-ten (1:10) reverse stock split effected on August 29, 2025. LUCID GROUP, INC.CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS(Unaudited)(in thousands, except share and per share data)

Three Months EndedDecember 31,
Twelve Months EndedDecember 31,
2025
2024
2025
2024Revenue (including $74,440 and $40,780 from a related party for the three months ended December 31, 2025 and 2024, and $144,034 and $174,204 for the years ended December 31, 2025 and 2024, respectively)$          522,730
$          234,473
$       1,353,790
$          807,832







Costs and expenses






Cost of revenue944,636
443,248
2,610,176
1,730,943Research and development361,007
280,285
1,211,397
1,176,453Selling, general and administrative281,841
243,890
1,033,970
900,952Restructuring charges—
—
—
20,304Total cost and expenses1,587,484
967,423
4,855,543
3,828,652







Loss from operations(1,064,754)
(732,950)
(3,501,753)
(3,020,820)







Other income (expense), net






Change in fair value of common stock warrant liability887
13,305
19,514
34,150Change in fair value of equity securities of a related party(7,196)
(4,898)
(15,785)
(43,057)Change in fair value of derivative liabilities associated with redeemable convertible preferred stock (related party)266,425
292,600
623,225
155,350Gain on extinguishment of debt5,405
—
121,765
—Interest income25,273
57,825
156,443
213,026Interest expense (including $9,378 and $2,390 to related parties for the three months ended December 31, 2025 and 2024, and $24,250 and $6,980 for the years ended December 31, 2025 and 2024, respectively)(33,898)
(10,271)
(95,101)
(32,923)Other expense, net(4,400)
(12,240)
(8,692)
(18,469)Total other income, net252,496
336,321
801,369
308,077Loss before provision for (benefit from) income taxes(812,258)
(396,629)
(2,700,384)
(2,712,743)Provision for (benefit from) income taxes1,762
589
(2,333)
1,199Net loss(814,020)
(397,218)
(2,698,051)
(2,713,942)Accretion of redeemable convertible preferred stock (related party)(362,779)
(239,686)
(983,648)
(347,610)Net loss attributable to common stockholders, basic(1,176,799)
(636,904)
(3,681,699)
(3,061,552)Interest expense on 2026 Notes—
—
14,309
—Gain on extinguishment of debt—
—
(121,765)
—Net loss attributable to common stockholders, diluted$     (1,176,799)
$        (636,904)
$     (3,789,155)
$     (3,061,552)







Weighted-average shares outstanding attributable to common stockholders(1)






Basic325,040,126
284,083,802
311,680,046
244,517,654Diluted325,040,126
284,083,802
313,400,136
244,517,654







Net loss per share attributable to common stockholders(1)






Basic$              (3.62)
$              (2.24)
$            (11.81)
$            (12.52)Diluted$              (3.62)
$              (2.24)
$            (12.09)
$            (12.52)







Other comprehensive income (loss)






Net unrealized gains (losses) on investments, net of tax$               (669)
$            (5,730)
$              3,860
$              1,942Foreign currency translation adjustments(752)
(9,283)
9,931
(8,891)Total other comprehensive income (loss)(1,421)
(15,013)
13,791
(6,949)Comprehensive loss(815,441)
(412,231)
(2,684,260)
(2,720,891)Accretion of redeemable convertible preferred stock (related party)(362,779)
(239,686)
(983,648)
(347,610)Comprehensive loss attributable to common stockholders$     (1,178,220)
$        (651,917)
$     (3,667,908)
$     (3,068,501)
(1) The weighted-average shares outstanding attributable to common stockholders and net loss per share attributable to common stockholders have been adjusted for the prior periods presented to reflect the one-for-ten (1:10) reverse stock split effected on August 29, 2025. LUCID GROUP, INC.CONSOLIDATED STATEMENTS OF CASH FLOWS(Unaudited)(in thousands)

Three Months EndedDecember 31,
Twelve Months EndedDecember 31,
2025
2024
2025
2024Cash flows from operating activities:






Net loss$         (814,020)
$         (397,218)
$      (2,698,051)
$      (2,713,942)Adjustments to reconcile net loss to net cash used in operating activities:






Depreciation and amortization122,106
90,843
451,243
295,337Amortization of insurance premium8,446
7,371
35,467
33,330Non-cash operating lease cost14,841
7,768
47,527
30,765Stock-based compensation72,386
77,069
271,275
285,872Inventory and firm purchase commitments write-downs280,608
174,100
799,078
590,198Change in fair value of common stock warrant liability(887)
(13,305)
(19,514)
(34,150)Change in fair value of equity securities of a related party7,196
4,898
15,785
43,057Change in fair value of derivative liabilities associated with redeemable convertible preferred stock (related party)(266,425)
(292,600)
(623,225)
(155,350)Net accretion of investment discounts/premiums(1,953)
(17,159)
(23,631)
(76,739)Gain on extinguishment of debt(5,405)
—
(121,765)
—Other non-cash items10,007
1,217
20,026
5,983Changes in operating assets and liabilities:






Accounts receivable (including $(36,924) and $12,937 from a related party for the three months ended December 31, 2025 and 2024, and $(62,631) and $(22,383) for the years ended December 31, 2025 and 2024, respectively)(39,167)
(14,678)
(65,690)
(61,279)Inventory(416,471)
(112,850)
(1,449,071)
(334,242)Prepaid expenses(9,929)
1,812
(41,972)
(16,675)Other assets(22,480)
(161,493)
(155,266)
(203,869)Accounts payable74,128
(7,808)
318,456
34,756Other liabilities (including nil and $700 associated with a related party for the three months ended December 31, 2025 and 2024, and $2,100 and $4,900 for the years ended December 31, 2025 and 2024, respectively)70,611
118,886
307,416
257,274Net cash used in operating activities(916,408)
(533,147)
(2,931,912)
(2,019,674)Cash flows from investing activities:






Purchases of property, plant and equipment (including $(100,653) and $(108,004) from a related party for the three months ended December 31, 2025 and 2024, and $(225,864) and $(164,683) for the years ended December 31, 2025 and 2024, respectively)(325,436)
(291,635)
(868,158)
(883,841)Purchases of investments (including nil and $(20,000) from a related party for the three months ended December 31, 2025 and 2024, and $(30,000) and $(35,000) for the years ended December 31, 2025 and 2024, respectively)—
(2,248,670)
(309,557)
(4,622,890)Proceeds from maturities of investments (including nil from a related party for the three months ended December 31, 2025 and 2024, and $15,000 and nil for the years ended December 31, 2025 and 2024, respectively)240,637
860,684
2,654,090
4,112,084Proceeds from sale of investments—
95,193
—
100,193Other investing activities86
—
2,054
—Net cash (used in) provided by investing activities(84,713)
(1,584,428)
1,478,429
(1,294,454)Cash flows from financing activities:






Proceeds from issuance of Series A redeemable convertible preferred stock to a related party—
—
—
1,000,000Payments of issuance costs for Series A redeemable convertible preferred stock—
(8)
—
(2,351)Proceeds from issuance of Series B redeemable convertible preferred stock to a related party—
—
—
750,000Payments of issuance costs for Series B redeemable convertible preferred stock—
(391)
—
(641)Proceeds from issuance of common stock under 2025 Subscription Agreement—
—
300,000
—Payments of issuance costs for the 2025 Subscription Agreement—
—
(278)
—Proceeds from issuance of 2031 Notes975,000
—
975,000
—Payments of transaction costs for the issuance of 2031 Notes(11,675)
—
(11,675)
—Proceeds from issuance of 2030 Notes—
—
1,100,000
—Payments of transaction costs for the issuance of 2030 Notes—
—
(18,090)
—Purchase of capped call options—
—
(118,250)
—Repurchases of 2026 Notes(748,176)
—
(1,679,609)
—Proceeds from issuance of common stock under 2024 Underwriting Agreement, net of issuance costs—
718,357
—
718,357Proceeds from issuance of common stock under 2024 Subscription Agreement to a related party, net of issuance costs—
1,025,660
—
1,025,660Proceeds from borrowings from a related party154,619
79,844
341,240
79,844Repayment of borrowings to a related party—
—
—
(25,856)Proceeds from exercise of stock options442
1,637
2,342
4,883Proceeds from employee stock purchase plan10,112
8,104
22,808
19,208Tax withholding payments for net settlement of employee awards(402)
(1,519)
(12,911)
(10,021)Payments for finance lease liabilities(1,088)
(534)
(3,510)
(3,166)Payments for credit facility issuance costs (including $(9,216) and nil to a related party for the three months ended December 31, 2025 and 2024, and $(9,723) and $(5,625) for the years ended December 31, 2025 and 2024, respectively)(9,216)
(186)
(9,723)
(6,244)Net cash provided by financing activities369,616
1,830,964
887,344
3,549,673Net increase (decrease) in cash, cash equivalents, and restricted cash(631,505)
(286,611)
(566,139)
235,545Beginning cash, cash equivalents, and restricted cash1,672,418
1,893,663
1,607,052
1,371,507Ending cash, cash equivalents, and restricted cash$        1,040,913
$        1,607,052
$        1,040,913
$        1,607,052 LUCID GROUP, INC.RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES(Unaudited)(in thousands, except share and per share data)
Adjusted EBITDA

Three Months EndedDecember 31,
Twelve Months EndedDecember 31,
2025
2024
2025
2024Net loss attributable to common stockholders, basic (GAAP)$     (1,176,799)
$        (636,904)
$     (3,681,699)
$     (3,061,552)Interest expense33,898
10,271
95,101
32,923Interest income(25,273)
(57,825)
(156,443)
(213,026)Provision for (benefit from) income taxes1,762
589
(2,333)
1,199Depreciation and amortization122,106
90,843
451,243
295,337Stock-based compensation72,386
77,069
271,275
287,352Restructuring charges—
—
—
20,304Change in fair value of common stock warrant liability(887)
(13,305)
(19,514)
(34,150)Change in fair value of equity securities of a related party7,196
4,898
15,785
43,057Change in fair value of derivative liabilities associated with redeemable convertible preferred stock (related party)(266,425)
(292,600)
(623,225)
(155,350)Accretion of redeemable convertible preferred stock (related party)362,779
239,686
983,648
347,610Gain on extinguishment of debt(5,405)
—
(121,765)
—Adjusted EBITDA (non-GAAP)$        (874,662)
$        (577,278)
$     (2,787,927)
$     (2,436,296)
Adjusted Net Loss Attributable to Common Stockholders

Three Months EndedDecember 31,
Twelve Months EndedDecember 31,
2025
2024
2025
2024Net loss attributable to common stockholders, diluted (GAAP)$     (1,176,799)
$        (636,904)
$     (3,789,155)
$     (3,061,552)Stock-based compensation72,386
77,069
271,275
287,352Restructuring charges—
—
—
20,304Change in fair value of common stock warrant liability(887)
(13,305)
(19,514)
(34,150)Change in fair value of equity securities of a related party7,196
4,898
15,785
43,057Change in fair value of derivative liabilities associated with redeemable convertible preferred stock (related party)(266,425)
(292,600)
(623,225)
(155,350)Accretion of redeemable convertible preferred stock (related party)362,779
239,686
983,648
347,610Adjusted net loss attributable to common stockholders, diluted (non-GAAP)$      (1,001,750)
$        (621,156)
$     (3,161,186)
$     (2,552,729)
Adjusted Net Loss Per Share Attributable to Common Stockholders(1)

Three Months EndedDecember 31,
Twelve Months EndedDecember 31,
2025
2024
2025
2024Net loss per share attributable to common stockholders, diluted (GAAP)$               (3.62)
$               (2.24)
$            (12.09)
$            (12.52)Stock-based compensation0.22
0.27
0.86
1.18Restructuring charges—
—
—
0.08Change in fair value of common stock warrant liability—
(0.05)
(0.06)
(0.14)Change in fair value of equity securities of a related party0.02
0.02
0.05
0.18Change in fair value of derivative liabilities associated with redeemable convertible preferred stock (related party)(0.82)
(1.03)
(1.99)
(0.64)Accretion of redeemable convertible preferred stock (related party)1.12
0.84
3.14
1.42Adjusted net loss per share attributable to common stockholders, diluted (non-GAAP)$               (3.08)
$               (2.19)
$            (10.09)
$            (10.44)







Weighted-average shares outstanding attributable to common stockholders, diluted325,040,126
284,083,802
313,400,136
244,517,654
(1) The weighted-average shares outstanding attributable to common stockholders, net loss per share attributable to common stockholders and adjusted net loss per share attributable to common stockholders have been adjusted for the prior periods presented to reflect the one-for-ten (1:10) reverse stock split effected on August 29, 2025. LUCID GROUP, INC. RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES - continued(Unaudited)(in thousands)
Free Cash Flow

Three Months EndedDecember 31,
Twelve Months EndedDecember 31,
2025
2024
2025
2024Net cash used in operating activities (GAAP)$        (916,408)
$        (533,147)
$     (2,931,912)
$     (2,019,674)Capital expenditures(325,436)
(291,635)
(868,158)
(883,841)Free cash flow (non-GAAP)$     (1,241,844)
$        (824,782)
$     (3,800,070)
$     (2,903,515) 



View original content to download multimedia:https://www.prnewswire.com/news-releases/lucid-announces-fourth-quarter-and-full-year-2025-financial-results-302696212.htmlSOURCE Lucid Group

Original: Lucid Announces Fourth Quarter and Full Year 2025 Financial Results

Cutting staff by 12%.

on the radar for Trump's midterm

From 2025 to 2027, analysts expect Lucid's revenue to more than triple, from $1.3 billion to $4.6 billion, as it sells more Air sedans, ramps up production of the Gravity SUV, and rolls out its first Earth SUVs. They also expect it to gradually narrow its losses.

With a market cap of $3.3 billion, Lucid looks undervalued at 1.4 times this year's sales.

Lucid Unveils 'The Seven Suite': A Live Immersion in Sound, Space, and Electric MotionFebruary 11, 2026 7:58 PM
PR Newswire (US)

Lucid brings a unique cinematic music experience right into Berlin, the capital of the German film industryThe Seven Suite is an intimate artistic live performance in Berlin's iconic Tempodrom with Lucid Gravity1 at its heartSeven Lucid Gravity vehicles were integrated into a live orchestral film-inspired composition by French-American composer Uèle LamoreBERLIN, Germany, Feb. 12, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, steps beyond traditional automotive storytelling into cultural authorship. Just before the world of cinema will flock to Berlin, Lucid brings a unique cinematic experience right into the capital of German Film.
Yesterday, at Berlin's iconic Tempodrom, the Californian EV-company hosted an intimate cinematic live performance, fusing electric performance with an electrifying musical experience. Titled The Seven Suite, the event brought together an orchestral performance, a spatial installation, seven Lucid Gravity vehicles, 14 cultural voices that shape cinema today, and more than 300 high-profile guests out of the media, culture, art, and business worlds.Conceived as a site-specific work, The Seven Suite combined music, architecture, and the human experience to explore how electric performance can also be perceived emotionally. The evening marked Lucid's first step into a contemporary European dialogue on sound, space, and movement.The Spatial Set-Up of The Seven Suite: Where Sound, Space, and Motion Converge
At the center of the experience inside the Tempodrom, seven Lucid Gravity were arranged in a circle. Inside the circle: a live ensemble, performing a film-inspired composition in seven movements. Seated inside the vehicle's specially designed and unique frunks (front trunks), 14 guests made up of the who-is-who of European cinema, forming the human perimeter of the performance.Award-winning composer-conductor Uèle Lamore guided the audience through a spatial sound experience shaped by light, rhythm, and space, turning Lucid Gravity into emotional architecture and The Seven Suite into a cinematic moment. Lamore is a French-American composer who has scored films at Cannes and shaped European arthouse cinema for years. Her work mirrors Lucid's own identity: emotionally exact, technically rigorous, designed for emotion.As the composition unfolded in carefully orchestrated layers, the vehicles became emotional architecture, anchoring the experience and shaping how sound and movement were perceived throughout the space. Lamore's work moved fluidly between orchestral discipline and contemporary electronic experimentation, again mirroring Lucid's own desire to engineering defined by emotional approachability and technical excellence.Inside the Circle: Perspective Becomes Part of the Experience
Seven pairs of selected guests – cultural voices shaping contemporary European cinema, including Diane Kruger, Emilia Schüle, Jannis Niewöhner, and Edin Hasanovic – were seated within the vehicles' front compartments. Their presence turned one of Lucid Gravity's most distinctive design elements, the frunk, into an unexpected space for human presence and artistic experience. Positioned at the heart of the installation, the guests were embedded within the composition itself. Each unique pairing, chosen with Lucid's heart-and-mind philosophy in mind, and bringing together two different creative perspectives – intuition and technical craft, storytelling and structure, creative force and directorial technique. The idea is simple: two people, the same moment, experienced side by side, yet perceived differently.Around them, an audience of more than 300 guests followed the performance, encountering the work from varying angles. Together, the installation unfolded as a layered experience shaped by proximity, perspective, and presence.Introducing Gravity Through Cultural Authorship
The Seven Suite marks Lucid's first step into a contemporary European cultural dialogue. Electric performance revealed through atmosphere and emotion, instinctively felt, instead of analyzed.This approach mirrors what defines Lucid Gravity itself: An SUV that brings together generous space for up to seven passengers, effortless performance, and intuitive technology in a way that feels natural. It offers the freedom of a full-size seven-seats vehicle with the agility and confidence of a performance car, designed to move seamlessly between everyday life and extraordinary journeys. Driving the Lucid Gravity isn't about choosing between comfort, performance, or innovation; it's about having it all, without compromise."At Lucid, we design experiences that move people," said Lawrence Hamilton, President of Europe at Lucid. "The Seven Suite captures the essence of what drives us – transforming advanced technology into something deeply human. It's not about spectacle, but about connection: how sound, light, and motion can make innovation tangible and emotion unmistakable."For more details about Lucid Motors and its products, visit the official Lucid website: https://lucidmotors.com/For more details about Uèle Lamore, visit the official website: https://www.uelelamore.com/High-resolution images of the Event and the Lucid Gravity are available here: https://spgroup.box.com/s/ig3c1zs1kp74n4s52pbzaqtwjlqio1z0About Lucid Group
Lucid (NASDAQ: LCID) is a Silicon Valley-based technology company focused on creating the most advanced EVs in the world. The award-winning Lucid Air and Lucid Gravity SUV deliver best-in-class performance, sophisticated design, expansive interior space and unrivaled energy efficiency. Lucid assembles both vehicles in its state-of-the-art, vertically integrated factories in Arizona and Saudi Arabia. Through its industry-leading technology and innovations, Lucid is advancing the state-of-the-art of EV technology for the benefit of all.Media Contact
Sebastian Michel
PR & Communications Manager Europe Lucid
preurope@lucidmotors.comCamilla Jokisch
Senior PR Specialist Europe Lucid
preurope@lucidmotors.com1) Lucid Gravity 418 - 617 kW (568 - 839 PS), 511 - 748 km kombinierte Reichweite (WLTP), 0 g CO2/km, 19,4 - 18,2 kWh/100 km, CO2-Klasse: A.Die Werte wurden nach dem vorgeschriebenen Verfahren WLTP (Worldwide Harmonized Light Vehicles Test Procedure) ermittelt. Der Energieverbrauch und die Reichweite des Fahrzeugs im tatsächlichen Betrieb sind von verschiedenen Faktoren abhängig, u.a. dem Einbau von Ausstattung aus dem Teilehandel und Zubehör sowie Wetter- und Verkehrsbedingungen und dem persönlichen Fahrverhalten.
Weitere Informationen zum offiziellen Kraftstoffverbrauch, den offiziellen spezifischen CO2-Emissionen sowie zum Stromverbrauch neuer Personenkraftwagen sind im kostenlosen Leitfaden zum Kraftstoffverbrauch der Deutsche Automobil Treuhand (DAT), auch abrufbar unter www.dat.de/co2, verfügbar.Photo - https://mma.prnewswire.com/media/2902533/Lucid_Motors_The_Seven_Suite.jpg
Logo - https://mma.prnewswire.com/media/1080273/LucidMotors_Logo.jpg



View original content:https://www.prnewswire.co.uk/news-releases/lucid-unveils-the-seven-suite-a-live-immersion-in-sound-space-and-electric-motion-302685807.html

Original: Lucid Unveils 'The Seven Suite': A Live Immersion in Sound, Space, and Electric Motion

Been a lot of turnover in the C-suite. I guess those option incentives just aren't paying off, for those who aren't Peter Rawlinson.

GM hires strategist from Lucid. Because Lucid's 'strategy' has been working so well.

https://www.reuters.com/business/autos-transportation/gm-hires-new-head-strategy-lucid-motors-2026-02-09/

Maybe a Lucid player will influence strategic partnerships to provide powertrain components to one of the big three.

Lucid Announces Appointment of Neil Marsons as Senior Vice President of Supply ChainFebruary 9, 2026 10:49 AM
PR Newswire (US)

NEWARK, Calif., Feb. 9, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced Neil Marsons has joined the organization as the Senior Vice President of Supply Chain. Bringing more than 20 years of experience to the role, Marsons will be responsible for expanding and strengthening the company's global supply chain, as well as closely partnering across the organization to support production at the company's facilities in Arizona and Saudi Arabia.







Previously, Marsons served as the Group Chief Procurement Officer at Rolls Royce, where he was responsible for global procurement and supply chain across civil aerospace, defense, power systems, submarines, and small nuclear reactor businesses. Prior to his position at Rolls Royce, Marsons was Group Executive Director for global procurement, supply chain and manufacturing at JCB. He also held multiple executive supply chain positions at Jaguar Land Rover, where he helped the company navigate the global chip shortage during the 2020 pandemic.Over the past six months, Marsons served in an advisory capacity to Lucid, supporting the company's supply chain strategy. In his new full-time role at the company, he will report to Interim CEO Marc Winterhoff."As we prepare Lucid for its next phase of growth and focus on optimizing resources on a path toward profitability, Neil's decades of leadership will help strengthen the reliability, performance, and cost efficiency of our supply chain," said Winterhoff. "In today's dynamic environment, supply chain excellence is critical to success, and in his short time at Lucid, Neil has already positively impacted our team, helping drive greater cost discipline and execution.""Lucid's technology and innovation truly set it apart, and I'm thrilled to join at such an exciting moment in the company's journey," said Marsons. "As the company prepares for the launch of its midsize platform vehicles and accelerates global expansion, my team and I are committed to driving disciplined execution, effectively managing supply chains, and realizing operational excellence."Also, Claudia Gast, Senior Vice President of Strategy and Business Development, who oversaw supply chain as part of her role, will be departing Lucid to pursue other opportunities. Lucid thanks her for all of her contributions and wishes her the best in the future.Today's news and appointment of Marsons follows recent changes and appointments designed to accelerate growth, streamline decision-making, and enhance accountability as the company scales globally. This includes the appointment of Marnie Levergood, Senior Vice President, Quality and the promotions of Emad Dlala to Senior Vice President of Engineering and Digital, and Erwin Raphel to Senior Vice President of Global Revenue.About Lucid Group
Lucid (NASDAQ: LCID) is a Silicon Valley-based technology company focused on creating the most advanced EVs in the world. The award-winning Lucid Air and Lucid Gravity deliver best-in-class performance, sophisticated design, expansive interior space and unrivaled energy efficiency. Lucid assembles both vehicles in its state-of-the-art, vertically integrated factories in Arizona and Saudi Arabia. Through its industry-leading technology and innovations, Lucid is advancing the state-of-the-art of EV technology for the benefit of all.Forward-Looking Statements
This communication includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "shall," "expect," "anticipate," "believe," "seek," "target," "continue," "could," "may," "might," "possible," "potential," "predict" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Lucid's expectations related to the announced executive leadership appointment, including the intended business performance resulting from the appointment and other changes. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of Lucid's management. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond the control of Lucid. These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed under the cautionary language and the Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2024, subsequent Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other documents Lucid has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or Lucid's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lucid currently does not know or that Lucid currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lucid's expectations, plans or forecasts of future events and views as of the date of this communication. Lucid anticipates that subsequent events and developments will cause Lucid's assessments to change. However, while Lucid may elect to update these forward-looking statements at some point in the future, Lucid specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Lucid's assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.Media Contact
media@lucidmotors.comTrademarks
This communication contains trademarks, service marks, trade names and copyrights of Lucid Group, Inc. and its subsidiaries and other companies, which are the property of their respective owners.



View original content to download multimedia:https://www.prnewswire.com/news-releases/lucid-announces-appointment-of-neil-marsons-as-senior-vice-president-of-supply-chain-302682710.htmlSOURCE Lucid Group

Original: Lucid Announces Appointment of Neil Marsons as Senior Vice President of Supply Chain

How about the hit pieces that come out each and every day saying cash burn - hello - they are building a manufacturing facility - of COURSE they are burning cash.

They always fail to mention WHY they are burning cash.

Bottom line is that they need to get the prices down, to make a model that is affordable for everyone.

BYD is down, TSLA down, LCID SUPER DOWN. unreal.

What is the point in making the best car in the world, if it never sees the light of day.

I expected Tesla abandonment of models to cause some movement, but meh. Byd is eating everyone's lunch.

not even a dead cat bounce.

Stock is dead.

Lucid Air Achieves Longest Range at NAF Winter Test 2026January 29, 2026 2:17 PM
PR Newswire (US)

OSLO, Norway, Jan. 29, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, announced that one of its vehicles achieved the longest range in this year's Norges Automobil-Forbund (NAF) Winter Test "El Prix." A Lucid Air Grand Touring1 covered an incredible range of 520 kilometers during the coldest NAF Winter Test ever recorded, with temperatures dropping to minus 31 degrees Celsius on snowy roads. The journey was conducted without charging stops from Norway's capital, Oslo, to the scenic highlands, including city traffic, mountain roads, highways, and secondary roads. The next closest contender achieved a range of 421 kilometers.
"We are proud to be part of the NAF Winter Test for the first time. I believe it's fair to say that the Lucid Air Grand Touring is the king of range – even under extreme winter conditions," said Lawrence Hamilton, President of Europe at Lucid. "This test offers valuable insights into real-world EV performance and highlights our remarkable progress in electric vehicle development. Achieving this milestone in some of the most challenging conditions underscores Lucid's relentless pursuit of efficiency and innovation."Lucid Air Grand Touring: King of Range
At the heart of the Lucid Air Grand Touring lies Lucid's advanced proprietary electric powertrain technology. With a WLTP range of up to 960 kilometers and a combined consumption of 13.5 kWh/100 km, the Lucid Air Grand Touring is the benchmark in its segment. Delivering impressive 611 kW (831 PS), the sedan reaches a top speed of 270 kilometers per hour. Thanks to its fast-charging capability, the battery can gain up to 400 kilometers of range in just 16 minutes. Designed to comfortably seat up to five passengers, the Lucid Air Grand Touring offers a spacious and refined interior crafted from high-quality materials.In summer 2025, the Lucid Air Grand Touring already set the new range record at the NAF Summer Test, achieving an impressive 828.6 kilometers and surpassing the previous record of 672 kilometers established in 2023. Lucid Air Grand Touring also holds the GUINNESS WORLD RECORDS™ title for the 'Longest journey by an electric car on a single charge', covering an extraordinary 1,205 kilometers – conducted in July 2025.NAF Winter Test
Twice a year, NAF and Motor, Norway's leading automotive magazine, test the range and charging speed of electric cars under typical Nordic conditions. Known as "El Prix", this is the world's largest real-world EV evaluation. All vehicles begin the test fully charged and follow a route that includes urban areas, motorways, and rural roads at the end. The test starts in Oslo, continues through Lillehammer and Dombås, and the final stretch between Hjerkinn and Rondane Gjestegård is repeated until the vehicle can no longer maintain the speed limit. A total of 24 vehicles took part in this years' NAF Winter Test.For more details about the NAF Winter Test, visit the official NAF website: https://www.naf.no/elbil/elprixFor more details about Lucid Motors and its products, visit the official Lucid website: https://lucidmotors.com/High-resolution images of the Lucid Air Grand Touring are available here: https://assets.lucidmotors.com/transfer/f7f447696a1e434f69b3fa27dfeb273b279dfd8da46f56aa774575780b5b7e5aAbout Lucid Group
Lucid (NASDAQ: LCID) is a Silicon Valley-based technology company focused on creating the most advanced EVs in the world. The award-winning Lucid Air and Lucid Gravity SUV deliver best-in-class performance, sophisticated design, expansive interior space and unrivaled energy efficiency. Lucid assembles both vehicles in its state-of-the-art, vertically integrated factories in Arizona and Saudi Arabia. Through its industry-leading technology and innovations, Lucid is advancing the state-of-the-art of EV technology for the benefit of all.Media Contact
Sebastian Michel
PR & Communications Manager Europe at Lucid
preurope@lucidmotors.comCamilla Jokisch
Senior PR Specialist Europe at Lucid
preurope@lucidmotors.com1) Lucid Air Grand Touring 611 kW (831 PS), WLTP: 817 - 960 km combined range, 0 g CO2/km, 16.0 - 13.5 kWh/100 km.
The values were determined in accordance with the prescribed WLTP (Worldwide Harmonized Light Vehicles Test Procedure). The energy consumption and range of the vehicle in actual operation depend on various factors, including the installation of aftermarket equipment and accessories as well as by weather and traffic conditions and personal driving behavior. Photo - https://mma.prnewswire.com/media/2872863/Lucid_Air_Winter_NAF_Test.jpg
Photo - https://mma.prnewswire.com/media/2872864/Lucid_Air_Grand_Touring.jpg
Logo - https://mma.prnewswire.com/media/1080273/LucidMotors_Logo.jpg



View original content:https://www.prnewswire.co.uk/news-releases/lucid-air-achieves-longest-range-at-naf-winter-test-2026-302674403.html

Original: Lucid Air Achieves Longest Range at NAF Winter Test 2026