Lucid Motors, initially founded as Atieva in 2007 by Bernard Tse and Sam Weng, began as a manufacturer of electric vehicle batteries and powertrains. The company rebranded to Lucid Motors in 2016, marking its shift towards producing luxury electric vehicles. Lucid's first production car, the Lucid Air, was introduced in September 2021, showcasing advanced technology and achieving impressive range and performance metrics. Headquartered in Newark, California, and backed by substantial investment from Saudi Arabia's Public Investment Fund, Lucid aims to redefine the luxury EV market with innovation and sustainability at its core.

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