Lucid Group, Inc., is an American automotive and technology company focused on designing, engineering, manufacturing, and selling electric vehicles (EVs), EV powertrains, and battery systems. Founded in 2007 as Atieva by Bernard Tse and Sam Weng in Newark, California, the company initially focused on developing EV battery technology and powertrains for other manufacturers before rebranding as Lucid Motors in 2016 to produce luxury EVs. The company began production of its first car, the Lucid Air, in September 2021. In December 2025, Marc Winterhoff was the interim CEO. As of February 2026, Neil Marsons was appointed as Senior Vice President of Supply Chain.
Lucid's first model, the Lucid Air, is a luxury sedan known for its range and performance capabilities. The Lucid Air was named Motor Trend's 2022 Car of the Year. The company's second model, the Lucid Gravity SUV, began production in December 2024. In January 2026, Lucid, Nuro, and Uber unveiled a global robotaxi at CES, announcing autonomous on-road testing. As of February 2026, Lucid has a market capitalization of $3.59 billion. Saudi Arabia's Public Investment Fund (PIF) is the majority owner of Lucid, holding over 60% of the company's shares.
