NEWARK, Calif., Nov. 17, 2023 /PRNewswire/ — Lucid Group, Inc. (NASDAQ: LCID), widely acclaimed for raising the bar for luxury electric vehicles with the award-winning Lucid Air, a World Luxury Car honoree Award 2023, once again redefines excellence with the presentation of the new and revolutionary Lucid Gravity electric luxury SUV. Lucid’s long-awaited Gravity SUV builds on innovations first seen in the Lucid Air saloon to create an uncompromising luxury electric SUV: a high-performance vehicle with space for up to seven adults and their luggage and a range of planned driving of more than 440 miles1. The Lucid Gravity SUV will make its public debut today during the Los Angeles Auto Show, with production beginning in late 2024.

“The Gravity SUV represents a significant leap forward for Lucid’s world-leading technology and design. Customers will find an unprecedented combination of space and maneuverability, luxury and versatility, all seamlessly integrated into an extraordinary vehicle with the driving experience and the autonomy of a true Lucid,” said Peter Rawlinson, CEO and CTO of Lucid. “Lucid’s innovative patented EV propulsion technology and our holistic approach to vehicle engineering have already enabled the Air sedan to redefine what was thought possible in a luxury sports sedan. With Gravity, these innovations have evolved and our next-generation technology “is applied to even greater effect, resulting in an electric SUV that can achieve more than 440 miles1 of range with a battery pack just over half the size of some of our battery-hungry competitors.”

Gravity Design: Balance between form and function”At Lucid, we believe in pushing the limits of design. We have built on this belief to maximize spaciousness, aerodynamic efficiency and utility, resulting in an electric SUV with a mix of attributes never seen before,” said Derek Jenkins, Senior Vice President of Design and Brand at Lucid. “Gravity is designed to be versatile, whether it’s a heavy-duty SUV for family camping trips or a long-haul grand tourer that travels hundreds of miles between stops. Our team’s dedication to creating an SUV that seamlessly fuses form and function has resulted in a vehicle that is visually stunning, incredibly versatile and provides an elevated luxury driving experience.”

Lucid’s commitment to design excellence, spacious interiors and versatility set the Gravity apart from the competition. The exterior design choices are a testament to Gravity’s fusion of aesthetics and utility. The focus on efficiency has led to a drag coefficient of less than 0.243, an aerodynamic profile unsurpassed by other three-row SUVs. With an imposing presence backed by a spacious trunk, sleek profile, elongated cabin, pronounced shoulders and a sporty rear spoiler, the Gravity showcases its ability to meet the diverse needs of the daily driver.

Inside, the Gravity impresses with its spacious and flexible cargo spaces. The cabin offers ample seating, with the added convenience of second- and third-row seats that fold flat to reveal more than 112 cubic feet of total usable cargo space for an effortless combination of comfort and cargo capacity. Sliding second-row seats combine with convenient built-in tables to deliver a superior rear-seat experience. Remarkable legroom extends to the third row, allowing for a comfortable seven-passenger configuration, making it the ideal vehicle for any adventure.

Gravity represents a definitive evolution of Lucid’s user interface, called Clearview Cockpit, featuring an intuitive 34-inch curved, uninterrupted OLED display that floats above Gravity’s innovative new steering wheel, very close to the driver’s line of sight. The Lucid Pilot Panel returns in Gravity with a quick-access touch bar and sits alongside a new glass center console that elegantly slides open to offer additional storage. This SUV also introduces Lucid’s next-generation software with over-the-air updates, ensuring continuous improvement of the vehicle.

Sports Car Performance and Lucid Driving Range Gravity’s exceptional performance starts with an all-new platform developed from the ground up as a sports SUV. This platform integrates seamlessly with Lucid’s next generation of patented ultra-compact propulsion technology, featuring the world’s most powerful electric motors and an evolution of its 900V electrical architecture. The Gravity is not just a luxury SUV; It is a powerful engine, which accelerates from 0 to 100 km/h in less than 3.5 seconds and offers a payload capacity of more than 1,500 kg and an additional towing capacity of 6,000 kg4.

With the Gravity SUV, performance extends beyond paved roads as Lucid introduces Zero Gravity, an optional upgraded air suspension package that automatically adapts to varying terrain needs, ensuring a smooth and comfortable ride on any surface. . Manual adjustments also offer the ability to raise the Gravity to maximize off-road capability or lower it to maximize performance and range.

“Lucid’s design and engineering philosophy has always prioritized doing more with less. Gravity applies this principle to offer customers more of what they need – more space, more utility and more autonomy – while avoiding excess battery cells, the added cost of ownership and unnecessary weight,” said Eric Bach, Senior Vice President of Product and Chief Engineer at Lucid. “We believe in pushing the limits of what is possible, and with a battery pack about half the size of some competitors, Gravity is an environmentally friendly and versatile electric vehicle with the spirit of a supercar.”

The Gravity SUV is not only efficient, it sets new standards for SUVs with a smaller, lighter and more sustainable battery pack, while offering an exceptional range, expected to exceed 440 miles1. Gravity adopts an evolution of the company’s well-known 900+V architecture and ultra-fast charging speeds, making it one of the fastest electric vehicle charging systems in the world. Customers can add up to 200 miles of range in about 15 minutes5, ensuring convenience and minimal downtime during long trips. Lucid Gravity sets a new benchmark for SUVs, proving that efficiency, luxury and high performance can coexist.

“Gravity will take our customers further with fewer batteries, therefore using less precious energy,” Rawlinson added. “Its smaller, lighter and higher-tech battery pack means less precious metals and minerals, less energy to charge, less electricity consumed, less pressure on the grid and a lighter, more dynamic vehicle. When we say we are here to advance technology, this is what we mean: this is really sustainability in action.”

The Gravity Human Experience: Beyond Superficial LuxuryThe luxurious Gravity in-car experience is exceptional, designed for both the body and the mind. From the meticulously chosen materials, exceptional fit and finish, and carefully placed details, every aspect of Gravity has been sustainably crafted with intention and eco-consciousness. Furthermore, a holistic human experience not only attends to the immediate senses, but also prioritizes well-being. With the introduction of interactive wellness features like Lucid Sanctuary and Lucid Spaces, every experience at Gravity is elevated to a new level. Lucid Sanctuary is a revolutionary set of experiences carefully designed to introduce peace of mind on the go, whether you’re traveling or parked at a charging station. With Lucid Spaces, a single touch transforms the cabin into an oasis of serenity, immersing drivers in the relaxing atmosphere of places like Lake Tahoe or Joshua Tree. Lucid has also partnered with Meditopia experts to offer a guided meditation experience that provides a personal space for mindfulness, without leaving the vehicle.

Pricing and AvailabilityWith the goal of offering the most advanced technology and best electric vehicle experiences to the widest possible audience, Gravity will be competitively priced in the premium full-size SUV category, with a planned starting price under $80,0002 . Production is expected to begin in late 2024. Customers are invited to express interest in the Lucid Gravity at www.lucidmotors.com/gravity.

*Gravity is in pre-production, and vehicle specifications mentioned are subject to change.

About Lucid GroupLucid’s mission is to inspire the adoption of sustainable energy by creating advanced technologies and the most captivating luxury electric vehicles focused on the human experience. The company’s first car, the Air, is a next-generation luxury sedan with a California-inspired design. The Lucid Air Grand Touring has an official EPA-estimated range of 516 miles. Assembled at Lucid’s factory in Casa Grande, Arizona and King Abdullah Economic City (KAEC), Saudi Arabia, Lucid Air deliveries are currently underway to customers in the US, Canada, Europe and the Middle East.

Contacts for Mediosmedia@lucidmotors.com

TrademarksThis communication contains trademarks, service marks, trade names and copyrights of Lucid Group, Inc. and its affiliates 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 can be identified by the use of words such as “estimate,” ” plan”, “project”, “forecast”, “intend”, “will”, “shall”, “expect”, “anticipate”, “believe”, “seek”, “aim”, “continue”, “could, “”may”, “will”, “possible”, “potential”, “predict” or other similar expressions that predict or indicate future events or trends or are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding plans and expectations with respect to the Lucid Gravity, including price, production schedule, efficiency and performance, range and charging speed, features, specifications, impact potential in the markets, Lucid software and the promise of Lucid technology. These statements are based on various assumptions, whether or not identified in this release, and the current expectations of Lucid’s management. These forward-looking statements are not intended to serve as a guarantee, assurance or definitive statement of facts or probabilities, nor should they be relied upon by any investor as such. Actual events and circumstances are difficult or impossible to predict and may differ from these forecasts. Many real events and circumstances are beyond Lucid’s control. These forward-looking statements are subject to a number of risks and uncertainties, including the 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 30 September 2023, as well as other documents that 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 is not currently aware of or that Lucid currently considers immaterial and 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 regarding future events and views as of the date of this communication. Lucid anticipates that subsequent events and developments will cause Lucid’s valuations to change. However, although 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 valuations as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed on forward-looking statements.

1 Manufacturer’s estimate for top finish; Battery range and power vary based on temperature, driving habits, charging, and battery condition, so actual results may vary.2 Prices for US market only. Excludes taxes, title, license, options, destination and other fees. Prices subject to change.3 Based on pre-production specifications at 155 mm ground clearance; subject to change.4 Manufacturer’s projection for top finish; Load, interior weight and vehicle equipment influence towing capacity.5 When connected to a 350 kW DC fast charger. Actual rates will vary depending on vehicle equipment and loading conditions.

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