A testament to Lucid's breakthrough engineering, the 1,050-hp
luxury EV sedan driven by Ben
Collins was 100-percent stock, down to the standard
low-rolling-resistance tires
NEWARK, Calif., June 30, 2022 /PRNewswire/ -- Lucid Group, Inc.
(NASDAQ: LCID), setting new standards with the longest-range,
fastest-charging electric car on the market, today announced that
Lucid Air Grand Touring Performance was named the fastest
production car in the Hillclimb Timed Shootout at the 2022 Goodwood
Festival of Speed, where the new model made it first public
appearance.
With professional driver Ben
Collins, the original Stig, at the helm, a 1,050-hp Lucid
Air Grand Touring Performance recorded a Hillclimb time of
50.79 seconds. Video of the full 50.79-second hillclimb run can be
seen here.
Not only was it faster than every other production car at the
event, but it also finished 12th overall in a
competition field of 65 vehicles that included purpose-built track
cars with motorsports pedigrees.
"This stunning result for the Lucid Air Grand Touring
Performance at the Goodwood Festival of Speed, which features some
of the world's fastest cars, is yet another proof point of the
prowess of Lucid's proprietary powertrain technology," said
Peter Rawlinson, CEO & CTO for
Lucid Motors.
This is all the more impressive because the car was 100-percent
stock, from the glass canopy roof down to the
low-rolling-resistance tires with which Lucid Air Grand Touring
Performance is delivered to customers. Furthermore, the fastest
production car at the 2022 Goodwood Festival of Speed is the same
U.S. electric luxury sedan that has an EPA-estimated range of 446
miles.
In addition to showcasing Lucid Air Grand Touring Performance,
Lucid displayed two additional models at the event: Lucid Air Dream
Edition Performance, with 1,111 hp (828 kW) and an EPA estimated
range of 471 miles; and Lucid Air Grand Touring, Lucid's initial
volume product, with 819 hp (611 kW).* The European version of the
Dream Edition R is expected to offer an estimated 900 km* of
range when it begins production, while the Dream Edition P will
feature 1,111 horsepower (828 kW).Further information about Lucid's
launch plans for Europe can be
found here.
The year 2022 is shaping up to be a seminal year for Lucid on a
global scale, with deliveries of Lucid Air Grand Touring and Grand
Touring Performance in progress to customers in North America; the opening of the company's
first European Studio in Munich,
Germany; and the announcement of the company's first
overseas manufacturing facility in Saudi Arabia.
Photos and video from the event are available
on www.lucidmotors.com/media-room.
Lucid Air is in preproduction for European market. Final
specifications are not currently available. Ranges provided for
European models are manufacturer's projected WLTP ratings when
equipped with 19" wheels and are for informational purposes only.
Official WLTP ranges may vary and will be announced when available.
Driving range will vary in actual driving operation and may be
influenced by other factors, such as driving behavior,
environmental impacts, route conditions, etc.
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, Lucid Air, is a state-of-the-art luxury sedan
with a California-inspired design
that features luxurious full-size interior space in a mid-size
exterior footprint. Underpinned by race-proven battery technology
and proprietary powertrains developed entirely in-house, Lucid Air
was named the 2022 MotorTrend Car of the Year®. Lucid Air Grand
Touring features an official EPA-estimated 516 miles of range or
1,050 horsepower. Customer deliveries of Lucid Air, which is
produced at Lucid's new factory in Casa
Grande, Arizona, are underway.
Media Contact
media@lucidmotors.com
Trademarks
This communication contains trademarks, service marks, trade
names, and copyrights of Lucid Group, Inc., and its subsidiaries,
and other companies, which are the property of their respective
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,"
"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 plans and expectations regarding the range and
performance of Lucid's vehicles, Lucid's launch plans in
Europe, including plans relating
to Lucid Air models to be offered in Europe, Lucid's plans for 2022, 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 II, Item 1A of
Lucid's Quarterly Report on Form 10-Q for the quarter ended
March 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 presently 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 Motors