Lucid Group, Inc.

Lucid Group designs, engineers, and manufactures luxury electric vehicles, proprietary powertrains, battery systems, and vehicle software. Its commercial model lineup includes the Lucid Air luxury sedan and the Lucid Gravity sport utility vehicle, alongside future vehicles planned on a midsize platform. Beyond consumer vehicle sales, the enterprise licenses its powertrain, battery, and software technologies to external automotive manufacturers and supplies autonomous vehicle platforms for ride-hailing applications. Vehicles and related services reach individual retail buyers through direct-to-consumer digital channels and company-operated showrooms.

Vehicle manufacturing takes place at an assembly facility in Casa Grande, Arizona, complemented by an international assembly plant in Saudi Arabia. The company operates a retail and service network consisting of 45 locations across North America, 12 in Europe, and 5 in the Middle East, along with mobile service vehicle fleets and third-party repair partners. The provided text notes company origins tied to Silicon Valley and California design aesthetics, though it does not name a specific headquarters city.

Summary of the business section of Lucid's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“Towards these goals, as of December 31, 2025, we had approximately 9,000 employees globally.”