ADDED
o Yes x No The aggregate market value of the voting and non-voting common equity held by non-affiliates of the registrant, as of June 30, 2025 (the last business day of registrant s second quarter of fiscal year 2025), was $ 2.7 billion based upon the last sale price reported for such date on the Nasdaq Stock Market LLC.
There may be additional risks that we currently do not know or that we currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements.
OVERVIEW Mission Lucid s mission is to advance the state-of-the-art of electric vehicle ( EV ) technology for the benefit of all.
About Us Lucid is a technology company that is shaping the future of mobility through its innovations, advanced technology, and software-defined vehicle platforms.
The company s award-winning Lucid Air and Lucid Gravity set new standards with their unmatched combination of performance, range, space, and efficiency.
Additionally, through our collaboration with leading market and technology partners, Lucid is leveraging its advanced software and hardware architecture to power the next generation of advanced driver assistance system ( ADAS ) and true eyes-off, hands-off, and mind-off ( Level 4 ) autonomous mobility systems for consumer and ride-hailing applications.
Lucid designed, developed, manufactures and sells two groundbreaking EVs: The Lucid Air sedan, for which customer deliveries began in late 2021, and the Lucid Gravity SUV, which arrived on the road in late 2024.
Each product has advanced the state-of-the-art with technical achievements, innovations, and superlatives in performance, energy efficiency, electrical architecture, software, design, and manufacturing.
Our Company s unique and holistic approach to vehicle design and integration is aided by highly efficient miniaturized drivetrain components, which enables the Lucid Space Concept.
This uniquely allows Lucid to merge a smaller exterior footprint with leading interior space, providing better comfort and more capacity for luggage or gear than other vehicles of similar size.
REMOVED
o Yes x No The aggregate market value of the voting and non-voting common equity held by non-affiliates of the registrant, as of June 28, 2024 (the last business day of registrant s second quarter of fiscal year 2024), was $ 2.4 billion based upon the last sale price reported for such date on the Nasdaq Stock Market LLC.
There may be additional risks that Lucid currently does not know or that Lucid currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements.
OVERVIEW Mission Lucid s mission is to advance the state-of-the-art of EV technology for the benefit of all.
About Us Lucid is a technology company that is setting new standards with the world s most advanced EVs, the award-winning Lucid Air and all-new Lucid Gravity.
This includes the Lucid Air Pure, the most efficient vehicle on the market today (as measured by miles of range per kilowatt-hour), the Lucid Air Grand Touring, the longest-range (up to 512 miles of U.S.
Environmental Protection Agency ( EPA )-estimated range) and the fastest-charging (as measured by miles of range per minute) fully electric car in its class on the market today, and the Lucid Gravity, capable of up to 450 miles of an EPA-estimated range and up to 400 kW fast charging.
Estimated ranges, including EPA-estimated ranges where applicable, are provided for Lucid Air vehicles equipped with 19-inch wheels and Lucid Gravity Grand Touring vehicles equipped with 20 F/21 R wheels and configured as 2-row, 5-seat vehicle.
Actual range will vary depending on many factors, including vehicle configuration, battery age, driving habits, charging habits, temperatures, accessory use, and other factors.
Lucid (i) designs, engineers and manufactures EVs, EV powertrains, and battery systems in-house using our own equipment and factories, (ii) designs and develops proprietary software in-house for Lucid vehicles that can be continuously enhanced upon through over-the-air ( OTA ) software updates, (iii) offers a refined customer experience at our own geographically distributed retail and service locations and through direct-to-consumer online sales, (iv) plans to supply and license technology to third parties, and (v) boasts a strong product roadmap of future vehicle programs and technologies.
Our focus on in-house hardware and software innovation, vertical integration, and a clean sheet approach to engineering and design led to the development of the award-winning Lucid Air and Lucid Gravity.