NEWARK,
Calif., Sept. 4, 2024 /PRNewswire/ -- Lucid Group,
Inc. (NASDAQ: LCID), maker of the world's most advanced electric
vehicles, will host a Technology & Manufacturing Day on
Tuesday, September 10, which will be
livestreamed direct from Lucid's Arizona factory (AMP-1). The event will
showcase the forthcoming Lucid Gravity SUV, its enabling
technologies, and provide an analysis of the cost effectiveness of
manufacturing these innovations. Invited participants will then
tour the factory and experience rides in the Lucid Gravity and the
Lucid Air Sapphire.
"Lucid Gravity has been conceived as the best SUV
ever, with an exceptional combination of range, comfort, space,
practicality and dynamic capabilities both on and off road," said
Peter Rawlinson, CEO and CTO at
Lucid. "This unparalleled combination of attributes is only
possible as a direct result of the unique and advanced technologies
Lucid has pioneered. We look forward to detailing how this is being
realized."
The live presentation is scheduled to begin at
8:00 am PT on Tuesday, September 10.
The live webcast and presentation slides will be available at
https://ir.lucidmotors.com and a replay will be available shortly
after the event.
About Lucid
Lucid (NASDAQ: LCID) is a Silicon Valley-based
technology company focused on creating the most advanced EVs in the
world. The flagship vehicle, Lucid Air, delivers best-in-class
performance and efficiency starting at $69,900 in the U.S. Lucid is preparing its
state-of-the-art, vertically integrated factory in Arizona to begin production of the Lucid
Gravity SUV. The company's goal is to accelerate humanity's
transition to sustainable transportation and energy.
Investor Relations
Contact: investor@lucidmotors.com
Media Contact: media@lucidmotors.com
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,"
"shall," "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 with
respect to Lucid Gravity, including range, features, capabilities,
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 June 30, 2024, 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 currently 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 Group