LCID

Lucid Group, Inc. (NASDAQ:LCID) is an American electric vehicle manufacturer founded in 2007 and headquartered in Newark, California. Originally established as Atieva, the company pivoted to focus on luxury electric vehicles and rebranded as Lucid Motors before going public through a SPAC merger in 2021. The company is backed by Saudi Arabia's Public Investment Fund (PIF), which serves as its largest shareholder and strategic partner. Lucid has positioned itself as a premium EV manufacturer targeting the luxury sedan and SUV markets with its flagship Lucid Air sedan and upcoming Lucid Gravity SUV, emphasizing technological innovation and energy efficiency as key differentiators.