Written by Lucid Motors
Lucid Motors is the California electric car maker behind the Air sedan and the Gravity SUV, and its cars are known for very long range. In this guide you’ll find the 2026 lineup and prices, as well as how Lucid started, who owns it and what’s coming next.
Lucid Motors at a Glance
Founded 2007 As Atieva · renamed Lucid in 2016
Headquarters Newark, California Plant in Casa Grande, Arizona
Majority owner Public Investment Fund Saudi Arabia · about 58% in 2024
Deliveries, 2025 15,841 Up 55% on 2024
Leadership Silvio Napoli CEO, named in April 2026
Listing Nasdaq: LCID Since July 2021
Lucid Motors Model Lineup
Lucid Motors sells two model lines for 2026: the Air sedan and the Gravity SUV, and both are fully electric. The prices below are 2026 US base prices before the destination fee. In addition, a midsize model priced from about $50,000 is due in the second half of 2027.
Sedan (2)
Electric luxury sedan
Air
Electric 430 to 819 hp Up to 512 mi
The Air comes as the Pure, Touring or Grand Touring, and it starts at $70,900. The Grand Touring costs $114,900, but it’s rated at 512 miles of EPA range, which is more than any other current Lucid. Meanwhile, the Pure gets 420 miles from just 430 hp.
Electric super sedan
Air Sapphire
Three motors 1,234 hp 205 mph
The Air Sapphire has three motors and 1,234 hp, so Lucid claims 0 to 60 mph in 1.89 seconds. It still gets 427 miles of EPA range, while its price is $249,000.
SUV (1)
Electric SUV
Gravity
Electric 560 to 828 hp Up to 450 mi
The Gravity is Lucid’s first SUV, and production started in December 2024. The Touring costs $79,900 with 560 hp and 337 miles of range, while the Grand Touring costs $94,900 with 828 hp and 450 miles.
What Is Lucid Motors?
Lucid began in 2007 as Atieva, a battery company founded by Bernard Tse, Sam Weng and Sheaupyng Lin. Then it renamed itself Lucid Motors in 2016 and showed the Air the same year. After that, Saudi Arabia’s Public Investment Fund invested $1 billion in 2019 and became the majority owner.
Production of the Air started in Casa Grande, Arizona, in 2021, and the first cars went to buyers that October. Later, Lucid opened a second plant in Saudi Arabia in 2023, which was the country’s first car plant. In addition, the Gravity SUV went into production in late 2024.
Lucid still loses a lot of money, and its net loss was $2.7 billion in 2025. As a result, it cut jobs in 2026 and delayed its cheaper midsize model to 2027. However, Uber has invested $500 million and plans to use Lucid robotaxis, while the Saudi fund keeps adding money.
Lucid Motors History
Lucid Motors started as a battery company before it built its first car.
- 2007 Atieva is founded as a battery technology company.
- 2016 Then the company is renamed Lucid Motors, and the Air is revealed.
- 2018 Lucid starts supplying batteries for every car in Formula E.
- 2019 Saudi Arabia’s Public Investment Fund invests $1 billion, while Peter Rawlinson becomes CEO.
- 2021 Lucid lists on Nasdaq in July, and Air deliveries begin in October.
- 2022 The Air wins MotorTrend Car of the Year.
- 2023 Meanwhile, Lucid opens its Saudi plant and reveals the Gravity.
- 2024 Gravity production begins in Arizona.
- 2025 Rawlinson steps down, while an Air sets a world record for range on one charge.
- 2026 Finally, Lucid shows its midsize platform and names Silvio Napoli as CEO.
Iconic Lucid Models
Lucid Motors is young, but this launch car also set the tone for the brand.
2021–2022
Air Dream Edition
520-mile range Up to 1,111 hp
The Air Dream Edition was the first Lucid sold, and it cost $169,000. In fact, the Range version was rated at 520 miles by the EPA, so it was the longest-range EV at the time.
Who Owns Lucid Motors?
Lucid Motors is a public company, but Saudi Arabia’s Public Investment Fund owns most of it. When AutoGathering has a page for a brand, its name below links to that page.
Majority shareholder Public Investment Fund Saudi Arabia · about 58% in 2024
This page Lucid Group Newark, California · Nasdaq: LCID
Main plant AMP-1 Casa Grande, Arizona
Second plant AMP-2 King Abdullah Economic City, Saudi Arabia
Stake Aston Martin About 3.7% since 2023
Technology partner
Lucid also supplies electric motors and batteries to another carmaker.
For example, the 2023 Aston Martin deal gave Lucid a stake and a promise of at least $225 million in powertrain orders.
Earlier history
- Atieva (2007–2016) The company’s first name, when it mainly built batteries.
- BAIC stake (from 2014) China’s BAIC bought a 25% stake before the Saudi fund took control.
Lucid Motors Accomplishments
The record of Lucid Motors is short, but it already includes big awards and range records.
749
Miles on one charge
An Air Grand Touring drove 749 miles from Switzerland to Germany on one charge, so it set a Guinness World Record in 2025.
520
EPA miles
The 2021 Air Dream Edition was rated at 520 miles, which was the longest EPA range for any EV at the time.
2022
Car of the Year
The Air won the MotorTrend Car of the Year award for 2022.
2023
World Luxury Car
In addition, the Air was named World Luxury Car of the Year in 2023.
1,234
Horsepower
The Air Sapphire makes 1,234 hp from three electric motors.
3
10Best awards in a row
The Air Pure made Car and Driver’s 10Best list in 2024, 2025 and 2026.
15,841
Deliveries in 2025
Lucid delivered 15,841 cars in 2025, up 55% on 2024.
Lucid Racing History
Lucid Motors doesn’t run its own race team, but its batteries have powered a whole racing series. For example, Lucid supplied the battery packs used by every car in Formula E for four seasons.
Formula E
Formula E batteries
Seasons 5 to 8 2018–2022
Lucid, through its Atieva arm, supplied battery packs for the whole Formula E field from the 2018–19 season to 2021–22. As a result, every Gen2 car in the series ran on Lucid batteries.
Talk Lucid With Other Owners
Lucid owners have plenty to share, whether it’s a long road trip in an Air or first impressions of the Gravity. Soon, AutoGathering will connect this page to a Lucid community space where you can compare models, share charging tips and plan meetups.
- Air Pure, Touring and Grand Touring
- Air Sapphire
- Gravity
- Midsize models
- Charging and range
- Software updates
- Buying used
- Lucid meets and events
Lucid Motors FAQ
Who owns Lucid Motors?
Lucid is a public company listed on Nasdaq. However, Saudi Arabia’s Public Investment Fund owns most of it, with about 58% at the end of 2024.
Is Lucid a Saudi company?
No. Lucid is an American company based in Newark, California, and its main plant is in Arizona. However, its majority owner is the Saudi fund, and it also has a plant in Saudi Arabia.
Where are Lucid cars made?
Lucid builds the Air and Gravity in Casa Grande, Arizona. In addition, it assembles cars for the Saudi market at its plant near Jeddah.
How much is a Lucid Air?
For 2026, the Air starts at $70,900 for the Pure and goes up to $249,000 for the Sapphire. Meanwhile, the Gravity starts at $79,900.
How far can a Lucid go?
The Air is rated at 420 to 512 miles of EPA range, while the Gravity is rated at 337 to 450 miles.
Is Lucid profitable?
No. Lucid lost $2.7 billion in 2025, and it was still losing money in 2026.
When is the cheaper Lucid coming?
Lucid plans a midsize model from about $50,000. However, it delayed the launch to the second half of 2027.
Explore More Manufacturers
Compare Lucid with other electric and luxury brands.
Photo credits
- Header image: Mr.choppers, CC BY-SA 3.0, cropped and resized.
- Gray Lucid Air Pure at the 2024…: Alexander-93, CC BY-SA 4.0, cropped and resized.
- Dark purple Lucid Air Sapphire at the…: Alexander-93, CC BY-SA 4.0, cropped and resized.
- Green Lucid Gravity Grand Touring SUV at…: Alexander-93, CC BY-SA 4.0, cropped and resized.
- White Lucid Air Dream Edition on display: DestinationFearFan, CC BY-SA 4.0, cropped and resized.
- Spark SRT05e Gen2 Formula E car, the…: BrokenGearbox, CC BY 4.0, cropped and resized.