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Lucid Motors
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Short description

Developer of high-performance and efficiency electric vehicles and advanced electric powertrain systems

Founded in 2007
Founded in

Company type Public Public (LCID)
Company type

Industry Group transportation & logistics

Sector on-road vehicles

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Mountain View, CA Mountain View, United States
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Updated by Sunena Gupta at on 03/07/2024

Edited by Cleantech Group on 04/16/2025

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Date Company
Partnerships
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Date Partner Type
08/01/2024
Graphite One Graphite One
Graphite One and Lucid Motors are partnering to create a domestic supply chain for electric vehicles made in America from materials mined in Alaska.
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Confirmed by Graphite One
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IPO INFORMATION

Date

07/26/2021

IPO status

Listed

IPO Type

SPAC

Amount

$4.4B

Initial shares

Ticker symbol

LCID

Exchange listed

Nasdaq

Prospectus URL

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Description

Lucid Motors begins trading on the Nasdaq after reverse merger with SPAC.

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Add Investment
Date Investors Type Amount
08/07/2024 Saudi Arabia Public Investment Fund Saudi Arabia Public Investment Fund (1)
Post-money valuation of
Funding will be used to add new models to product line
 Follow-on Public Offering $1,500,000,000
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