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Lucid Group Inc (Lucid) is an automotive manufacturing company. It carries out the design, development, and manufacturing of electric vehicles (EVs), EV powertrains, and battery systems. The company offers products including Lucid Air, a luxury electric sedan, and it is also working on the Lucid Gravity, an electric SUV. Lucid also develops proprietary software in-house for Lucid vehicles. It also operates a vehicle service network comprised of service centers in major metropolitan areas and a fleet of mobile service vehicles. The company has operations in Hong Kong, Canada, Saudi Arabia, the Netherlands, Taiwan, and the US. Lucid is headquartered in Newark, California, the US.
Headquarters
United States of America
Address
7373 Gateway Blvd., Newark, California, 94560
Website
www.lucidmotors.com
Telephone
1 510 6483553
No of Employees
9,000
Industry
Automotive
Ticker Symbol & Exchange
LCID (NASD)
Revenue (2024)
$1.4B
67.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
0.6%
(2024 vs 2023)
Market Cap*
$2.4B
Net Profit Margin (2024)
XYZ
40.7%
(2024 vs 2023)
* As of and is in US$
Lucid Group Inc premium industry data and analytics
Products and Services
| Products |
|---|
| Electric Vehicles (EV) |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | New Products/Services | In June, the company launched an over-the-air software update for the Lucid Gravity SUV. |
| 2026 | Plans/Strategy | In June, the company, Nuro, Inc. and Uber Technologies announced plans to launch the robotaxi service in Houston, the US. |
| 2026 | New Products/Services | In April, Lucid Motors launched a purpose-built Mobile Service Platform. |
Competitor Comparison
| Key Parameters | Lucid Group Inc | Rivian Automotive Inc | Fisker Inc | Faraday & Future Inc | Toyota Motor North America Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Newark | Irvine | Manhattan Beach | Los Angeles | Plano |
| State/Province | California | California | California | California | Texas |
| No. of Employees | 9,000 | 15,232 | 1,560 | - | - |
| Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Turqi Alnowaiser | Chairman | Executive Board | 2019 | 49 |
| Silvio Napoli | Chief Executive Officer; Director | Executive Board | 2026 | 60 |
| Alexander De Bock | Chief Financial Officer | Senior Management | 2026 | - |
| Raja Ramana Macha | Chief Technology Officer | Senior Management | 2026 | - |
| Derek Jenkins | Senior Vice President - Design and Brand | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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