Lucid Group, Inc. (Lucid Motors)

Lucid Group, Inc. is an American automotive and technology company headquartered in Newark, California, that specializes in the design, engineering, and manufacturing of electric vehicles (EVs), EV powertrains, and battery systems. The company's mission is to create exceptional mobility experiences through innovation, driving the world forward with a focus on sustainable mobility without compromise.

Lucid's primary products include the luxury Lucid Air sedan and the Lucid Gravity SUV. Beyond direct-to-consumer sales through its retail network and online channels, Lucid also supplies advanced electric vehicle powertrain systems to other automakers, such as Aston Martin. The company is expanding into new market segments, including the development of autonomous luxury taxi services through a significant partnership with Uber.

In April 2026, Silvio Napoli was appointed as the new Chief Executive Officer, succeeding interim CEO Marc Winterhoff. The company secured over $1 billion in new investments in April 2026, including contributions from Ayar Third Investment Co., an affiliate of its majority shareholder, Saudi Arabia's Public Investment Fund, and an increased investment from Uber. Lucid's robotaxi partnership with Uber has expanded to include a commitment for at least 35,000 vehicles, encompassing the Lucid Gravity SUV and an upcoming midsize platform, with a commercial launch targeted for late 2026. While the Lucid Gravity SUV began production in December 2024 and was recognized as the 2026 World Luxury Car of the Year, the company reported Q1 2026 production of 5,500 vehicles but delivered only 3,093 due to a seat supplier issue affecting Gravity SUV volumes. Lucid positions itself as a leader in the luxury EV market, emphasizing advanced technology and design, though its valuation is increasingly tied to its robotaxi ventures.