Lucid Motors

IPO

The future of sustainable mobility.

Newark, United States · Founded 2007 · $1.9B raised

Headquarters
Newark, California
Employees
1001–5000
Founded
2007
Business Model
B2C
Total Funding
$1.9B
Last Round
$750.0M Corporate RoundApr 2026
Rounds
3

About

Lucid Motors (operating as Lucid Group, Inc.) is an American electric vehicle manufacturer and technology company headquartered in Newark, California. Founded in 2007 as Atieva, the company initially focused on EV battery and powertrain technology before pivoting to consumer vehicles. Lucid produces the Lucid Air, a luxury electric sedan that holds the record for the longest EPA-rated range of any production EV, and the Lucid Gravity, a three-row electric SUV. The company also supplies advanced EV powertrain systems to third-party manufacturers. Backed by Saudi Arabia's Public Investment Fund (PIF) as its majority shareholder, Lucid operates a manufacturing facility in Casa Grande, Arizona and has expanded sales to the United States, Canada, Europe, and the Middle East. The company is publicly traded on NASDAQ (LCID).

Summary

Lucid Motors is a Climate Tech company based in Newark, United States, founded in 2007. It has raised $1.9B in total across 3 rounds, most recently a $750.0M Corporate Round round in Apr 2026. Investors include Public Investment Fund, Uber Technologies and Churchill Capital Corp IV.

Tech & App Stack

5 technologies & apps tracked

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Funding History

Corporate RoundCorporate RoundApr 2026
$750.0M

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Investors

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