Produced 1,805 vehicles in Q3; on track for annual production of approximately 9,000 vehiclesDelivered 2,781 vehicles in Q3; up 90.9% compared to Q3 2023Q3 revenue of $200.0 millionGAAP net loss per share of $(0.41); non-GAAP net loss per share of $(0.28)Ended the quarter with approximately $5.16 billion in total liquiditySubsequent to the third quarter, completed a capital raise of approximately $1.75 billion in October 2024

NEWARK, Calif., Nov. 7, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced financial results for its third quarter ended September 30, 2024. The earnings presentation is available on its investor relations website (https://ir.lucidmotors.com).

Lucid Gravity Grand Touring starts at $94,900* and is available to order now, while Lucid Gravity Touring will start at $79,900*, with production scheduled for late 2025.Lucid Gravity delivers an expansive interior that comfortably seats up to seven adults and offers up to 120 cubic feet of cargo capacity.Grand Touring is projected to have more than 440 miles of range.1All standard and optional packages for Lucid Gravity Grand Touring can be found now on the "Design Yours" configurator at LucidMotors.com.

Lucid Gravity Touring priced from $79,900, with Grand Touring trim priced from $94,900 and scheduled to start production in late 2024

NEWARK, Calif., Oct. 29, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced customer orders for the Lucid Gravity will open on November 7, 2024, at 9:00 am Pacific Time. Orders will initially be taken for the Grand Touring trim, priced from $94,900 and offering more than 800 horsepower and a projected range surpassing 440 miles.1  The Lucid Gravity Grand Touring is scheduled to begin production in late 2024 and the Lucid Gravity Touring is planned for late 2025, with pricing starting at $79,900.

NEWARK, Calif., Oct. 28, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced the Lucid Air has earned five stars, the highest possible overall safety rating, from the National Highway Traffic Safety Administration's New Car Assessment Program for 2025. The Lucid Air Pure, Touring, Grand Touring, and Sapphire received the maximum five-star scores for overall safety in frontal crash, side crash, and rollover testing.

Advanced electric car company to provide complimentary cars for guest use at participating Four Seasons hotels and resorts beginning this month

TORONTO and NEWARK, Calif., Oct. 14, 2024 /CNW/ -- Global luxury hospitality leader Four Seasons and Lucid Group, Inc., maker of the world's most advanced electric vehicles, announce a new partnership grounded in a shared vision of an exceptional, sustainable lifestyle. The collaboration underscores both companies' commitment to environmental stewardship and responds to a growing guest desire for added flexibility and unique, eco-friendly experiences during their stay.

Advanced electric car company to provide complimentary cars for guest use at participating Four Seasons hotels and resorts beginning this month

TORONTO and NEWARK, Calif., Oct. 14, 2024 /PRNewswire/ -- Global luxury hospitality leader Four Seasons and Lucid Group, Inc., maker of the world's most advanced electric vehicles, announce a new partnership grounded in a shared vision of an exceptional, sustainable lifestyle. The collaboration underscores both companies' commitment to environmental stewardship and responds to a growing guest desire for added flexibility and unique, eco-friendly experiences during their stay.

NEWARK, Calif., Oct. 7, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced production and delivery totals for the quarter ended September 30, 2024. During this period, Lucid produced 1,805 vehicles and delivered 2,781 vehicles, of which approximately 8% were subject to operating lease accounting.1

Lucid will host a conference call to discuss its third quarter 2024 financial results on Thursday, November 7, 2024, at 2:30 pm PT / 5:30 pm ET. Prior to the conference call, the company will issue an earnings press release with a link to the live webcast on its investor relations website, https://ir.lucidmotors.com.

CASA GRANDE, Ariz., Sept. 10, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, showcased the forthcoming Lucid Gravity SUV, its enabling technologies, and presented an independent third party analysis of the cost effectiveness of manufacturing these innovations at its Technology & Manufacturing Day, held today at the company's Arizona factory. Additionally, Lucid announced that through August 31, 2024, the company has already delivered more cars in 2024 than in all of 2023.

DreamDrive™ Pro, Lucid's optional Advanced Driver Assistance System (ADAS), is augmented with Lane Change Assist, 3D lane visualization, and curve control.A new Lucid Assistant voice control system allows easier voice control of navigation and audio systems, climate control, heated seats, and more.Updated software includes more than a dozen other updates, enhancements, and fine tuning requested by Lucid Air owners.

NEWARK, Calif., Sept. 9, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today launched Lucid UX 2.4, a major software update for the Lucid Air. It introduces an enhanced version of DreamDrive Pro, Lucid's optional Advanced Driver Assistance System (ADAS), with improved capabilities, including new 3D lane visualization; Lucid Assistant, a new voice control system; an updated map design for improved legibility; and much more.

NEWARK, Calif., Sept. 5, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced that Peter Rawlinson, CEO and CTO, will participate in a fireside chat at the Morgan Stanley 12th Annual Laguna Conference on Thursday, September 12.

The session is scheduled for 2:35 pm PT and will be webcast live on Lucid's investor relations website at https://ir.lucidmotors.com. A replay of the webcast will be available for 60 days following the live presentation.