NEWARK, CAPosted a month ago

Company overview

Lucid Motors is an American automotive company specializing in electric vehicles (EVs) with a focus on luxury and high-performance models. Founded in 2007, the company initially concentrated on developing battery technology before shifting to manufacturing its own EVs. Lucid generates revenue primarily through the sale of its flagship vehicle, the Lucid Air, which boasts cutting-edge technology and impressive range. Key historical milestones include the public unveiling of the Lucid Air in 2020 and the company's subsequent IPO via a SPAC merger in 2021.