What is Lucid Motors's business focus and history?

Lucid Motors is a publicly traded company based in Newark, California, founded in 2007 by Bernard Tse, Sam Weng, and Sheaupyng Lin. It operates in the automotive industry, specializing in luxury electric vehicles. Lucid Motors has raised significant funding, including a $1.5 billion investment from Ayar Third Investment Co. in August 2024. The company has 6,800 employees and reported a revenue of $807.8 million in 2024. Its top competitors include Tesla, Rivian, and NIO.

Lucid Motors Corporate Details & Core Services

Lucid Motors is an American automotive and technology company specializing in electric vehicles and advanced powertrain systems. Headquartered in Newark, California, Lucid designs and manufactures luxury electric cars, including the Lucid Air sedan and the Lucid Gravity SUV.

Lucid Motors Contact Information & Official Links

Website https://lucidmotors.com
Social        
Head office address Newark, California, United States
Tags Electric Vehicles Automotive Technology

What are Lucid Motors's Key Business Metrics & Stats?

No of employees 6800
Founded year 2007
Type public
SAICS CODE 3711
NAICS Code 336111
Industry Automotive
Location Newark, California, United States
Stock Name LCID (NASDAQ)
Pricing Strategy Lucid Air Pure from $70,900, Lucid Air Touring from $79,900, Lucid Air Grand Touring from $114,900, Lucid Air Sapphire at $249,000
Lucid Motors LCID (NASDAQ) Firmographic Snapshot 2026 2007 Founded Year 6800 Global Employees United States Headquarters Automotive Industry Public Type Verified by DexterAgent.ai

How much funding has Lucid Motors raised to date?

Name Description
Funding Amount USD 1.5 Billion
Stage Private Investment
Latest Valuation 24 Billion (USD)
Lead Investor Ayar Third Investment Co.
Investors Ayar Third Investment Co.

What are Lucid Motors's Core Products?

Name Description
Lucid Air A luxury electric sedan offering exceptional range and performance.
Lucid Gravity An electric SUV combining spaciousness with high performance.

What are the latest developments at Lucid Motors?

Date Type Description
February, 2025 Leadership Change Peter Rawlinson steps down as CEO; Marc Winterhoff appointed Interim CEO.
January, 2026 Production Milestone Lucid Motors doubles EV output in 2025 after early Gravity SUV struggles.

What industry awards and recognitions has Lucid Motors received?

Date Type Description
November, 2021 Car of the Year Lucid Air named Motor Trend's 2022 Car of the Year.
April, 2023 World Luxury Car Lucid Air wins 2023 World Luxury Car of the Year award.

Lucid Motors VS Tesla VS Rivian VS NIO : 2026 Comparison

Feature Lucid Motors Tesla Rivian NIO
Core Strengths Lucid Air, Lucid Gravity Model S, Model 3, Model X, Model Y, Cybertruck, Powerwall, Megapack, Solar Roof R1T, R1S, EDV NIO ET9, NIO ES8, NIO ET5, NIO EC6, NIO ET5T, NIO ES6, NIO ES7, NIO EC7, NIO EP9, NIO EVE, ONVO L60, firefly
Founded Year 2007 2003 2009 2014
Stock Name/Ticker LCID (NASDAQ) TSLA (NASDAQ) RIVN (Nasdaq) NIO (NYSE), 9866 (HKEX), NIO (SGX)
Type public public public public
Global Employees 6800 134785 14861 20000
Revenue (Annual) $807.8 Million(2024) $89 Billion(2025) $5 Thousand(2024) $1.7 Billion(2025)
Headquarters Newark, California, United States Austin, Texas, United States Irvine, California, United States Shanghai, Shanghai, China
Latest Valuation $24 Billion $1.1 Trillion $20 Thousand $0
LATEST REVENUE (TRILLIONS USD) EMPLOYEE COUNT (THOUSANDS) INNOVATORS VISIONARIES DISRUPTORS GIANTS Tesla 89 | 134785 Rivian 5 | 14861 NIO 1.7 | 20000 Competitive Landscape 2026 DexterAgent.ai
Name Description
Legal Name Lucid Group, Inc.
Cin number
GST number
Registration number

Who is in Lucid Motors's executive leadership team?

Name Designation
CEO Marc Winterhoff
Chairman Turqi Alnowaiser

Where are Lucid Motors's primary office locations?

City Country
Newark United States
Casa Grande United States
Riyadh Saudi Arabia

What are the current business signals and market intelligence for Lucid Motors?

Spending next 3 months Production Scaling, Market Expansion, Technology Development
Pain points Production Delays, Supply Chain Issues, Market Competition
Sales motion Direct-to-Consumer Sales, Online Reservations, Showroom Experiences
Buyer Persona Affluent Professionals, Early Adopters, Sustainability Advocates
Type of customer Luxury Vehicle Buyers, Technology Enthusiasts, Environmentally Conscious Consumers
Key customer domain

What is Lucid Motors's annual revenue history?

Year Revenue (USD)
2024 807.8 Million

What are Lucid Motors's risk management and compliance ratings?

GDPR RIsk No
Privacy Risk No
Company Ratings
Glassdoor Rating

What are Lucid Motors's business model and service classifications?

Saas No
Offline Stores Yes
Service Yes
Ecommerce Yes
Exporter Yes
Mobile App Yes
Retail Yes
B2B No
B2C Yes
Manufacturing Yes
Wholesale No
Importer No
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