The next generation of Lucid design and electric
technology enables a previously unheard-of combination of
spaciousness, performance, and driving range for the upcoming Lucid
Gravity electric SUV
NEWARK,
Calif., April 25, 2023 /PRNewswire/ -- Lucid
Group, Inc. (NASDAQ: LCID), setting new standards for luxury
electric experience with the Lucid Air, winner of the 2023 World
Luxury Car Award, today announced that the Lucid Gravity SUV has
entered a new phase of development, now testing on public roads
throughout the U.S.
"I am excited to see the Gravity SUV moving forward so quickly
in its development, as it builds upon everything this company has
achieved thus far and drives further advancements of our in-house
technology to create a luxury electric SUV like none other," said
Peter Rawlinson, CEO and CTO, Lucid
Group. "The Lucid Air redefined the sedan category, and as our
technology continues to evolve and lead the market, we are in a
place where the Gravity is positioned to change the world of
SUVs."
The Lucid Gravity SUV is designed and engineered to serve nearly
any lifestyle or need, with a previously unheard-of combination of
spaciousness, performance, and driving range. This luxury electric
SUV will offer comfortable seating for up to seven adults and their
gear, the driving dynamics of a sports car, and greater electric
range than any SUV on the market today. The Lucid Gravity will also
introduce new Glass Cockpit high-resolution displays, powered by
the next generation of Lucid UX, Lucid's intuitive and elegant
software interface.
This vehicle is in preproduction and specifications for the
Lucid Gravity are subject to change.
About Lucid Group
Lucid's mission is to inspire the adoption of sustainable energy
by creating advanced technologies and the most captivating luxury
electric vehicles centered around the human experience. The
company's first car, the Air, is a state-of-the-art luxury sedan
with a California-inspired design.
The Lucid Air Grand Touring features an official EPA estimated 516
miles of range or 1,050 horsepower. Produced at Lucid's factory in
Casa Grande, Arizona, deliveries
of Lucid Air are currently underway to customers in the U.S.,
Canada, Europe, and the Middle East.
Media Contact
media@lucidmotors.com
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owners.
Forward-Looking Statements
This communication includes "forward-looking statements" within
the meaning of the "safe harbor" provisions of the United States
Private Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
"estimate," "plan," "project," "forecast," "intend," "will,"
"shall," "expect," "anticipate," "believe," "seek," "target,"
"continue," "could," "may," "might," "possible," "potential,"
"predict" or other similar expressions that predict or indicate
future events or trends or that are not statements of historical
matters. These forward-looking statements include, but are not
limited to, statements regarding Lucid's plans and expectations
regarding the Lucid Gravity SUV, including performance, driving
range, features, specifications, potential impact on markets, and
the promise of Lucid's technology. These statements are based on
various assumptions, whether or not identified in this
communication, and on the current expectations of Lucid's
management. These forward-looking statements are not intended to
serve as, and must not be relied on by any investor as, a
guarantee, an assurance, or a definitive statement of fact or
probability. Actual events and circumstances are difficult or
impossible to predict and may differ from these forward-looking
statements. Many actual events and circumstances are beyond the
control of Lucid. These forward-looking statements are subject to a
number of risks and uncertainties, including those factors
discussed under the heading "Risk Factors" in Part I, Item 1A of
Lucid's Annual Report on Form 10-K for the year ended December 31, 2022, as well as other documents
Lucid has filed or will file with the Securities and Exchange
Commission. If any of these risks materialize or Lucid's
assumptions prove incorrect, actual results could differ materially
from the results implied by these forward-looking statements. There
may be additional risks that Lucid currently does not know or that
Lucid currently believes are immaterial that could also cause
actual results to differ from those contained in the
forward-looking statements. In addition, forward-looking statements
reflect Lucid's expectations, plans or forecasts of future events
and views as of the date of this communication. Lucid anticipates
that subsequent events and developments will cause Lucid's
assessments to change. However, while Lucid may elect to update
these forward-looking statements at some point in the future, Lucid
specifically disclaims any obligation to do so. These
forward-looking statements should not be relied upon as
representing Lucid's assessments as of any date subsequent to the
date of this communication. Accordingly, undue reliance should not
be placed upon the forward-looking statements.
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SOURCE Lucid Group