AMSTERDAM, Dec. 15, 2022 /PRNewswire/ -- Lucid Group, Inc.
(NASDAQ: LCID), setting new standards with the longest-range,
fastest-charging electric car on the market, today announced its
third retail location in Europe –
and first service, delivery and sales center – will open on 16
December in Hilversum, Netherlands, just outside of Amsterdam. The opening occurs one week after
Lucid's first vehicle, Lucid Air, earned the highest possible
rating of five stars in the rigorous Euro NCAP crash testing
process.
First Retail Location in The
Netherlands
Lucid Motors, with its European
headquarters based in Amsterdam,
Netherlands, is actively expanding its physical presence in
the region by opening its third retail location and first service,
delivery, and sales center in Europe, located in Hilversum just outside of
Amsterdam. The 2,232-square-meter
luxury retail and service space located at the Bussumergrintweg 12
in Hilversum will provide comprehensive sales and service support
to Dutch customers. Additional Lucid locations are scheduled to be
opened in 2023 in key European markets.
"The Netherlands is a key
market for Lucid because of its high adoption of EVs and very
mature charging infrastructure," said Eric
Bach, Senior Vice President of Product and Chief Engineer,
Lucid Group. "With industry-leading range and charging efficiency
combined with its elegantly aerodynamic exterior design and
spacious, luxurious interior, Lucid Air offers Dutch customers
something truly unique, which is reflected in the design of the
Studio space in Hilversum."
Five Stars in Euro NCAP Safety Assessment
"Safety has
been a top priority from the outset at Lucid and achieving five
stars in Euro NCAP will give owners further confidence in their
Lucid Air," added Bach "This is a fantastic result that was fully
expected given the comprehensive engineering process for Lucid Air,
but it's important to note that passive safety is only part of the
overall safety story. With an available 32-sensor suite in
DreamDrive Pro, we also offer one of the industry's most
comprehensive active safety systems."
Lucid brought clean-sheet design and engineering to Lucid Air
with the goal of securing the highest possible safety ratings. The
innovative battery pack adds to the strength of vehicle structure.
The vehicle features intensive use of high-strength, lightweight
aluminum that is manufactured in an innovative hot-formed process,
which enables complex part geometries. In Europe, Lucid Air is built with nine airbags,
including an airbag between the passenger and the driver for
additional protection in the event of a side collision.
In the NCAP assessment, Lucid Air achieved a full five stars for
each category – Adult Occupant Protection, Child Occupant
Protection, Vulnerable Road User, and Safety Assist – making Lucid
Air one of the safest electric vehicles in the executive class.
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. Lucid Air Grand Touring features an official EPA
estimated 516 miles of range or 1,050 horsepower. Deliveries of
Lucid Air, which is produced at Lucid's factory in Casa Grande, Arizona, are currently underway
to U.S. and Canadian customers.
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 new Lucid Studio in the Netherlands, plans regarding future
openings of new Studios and service centers, including timing and
planned locations, 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
September 30, 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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