Record Vehicle Deliveries
Lucid delivered 3,109 vehicles, up more than 58% year-over-year, marking the fifth consecutive quarter of record deliveries.
Lucid Air Achievements
The 2025 Lucid Air was named Best Luxury Electric Car by U.S. News and Road Report for the fourth consecutive year and remained the number one best-selling EV in its segment in the U.S.
Strong Financial Moves
Lucid renewed and upsized its credit facility in Saudi Arabia by $240 million and closed a $1.1 billion convertible senior note offering, extending liquidity into the second half of 2026.
Lucid Gravity Launch
The Lucid Gravity SUV received positive feedback and strong interest, with notable media endorsements and over three-quarters of orders from new customers.
Strategic Acquisitions and Partnerships
Lucid acquired Nikola assets for approximately $17 million, gaining assets valued at hundreds of millions, and announced a strategic partnership with King Abdullah University of Science and Technology.