Who Owns Lucid Motors? A Deep Dive into the Luxury EV Brand

When people hear the name Lucid Motors, one question often comes to mind: who actually owns this trailblazing electric car company? The answer isn’t just about ownership, but also about vision, innovation, and a bold push into the future of luxury EVs. Let’s unpack everything from the roots of Lucid to where it’s headed.

The Story Behind Lucid Motors – From Dream to Reality

Lucid Motors was founded in 2007 by Bernard Tse and Sam Weng, originally under the name Atieva. Their initial focus was on battery technology before shifting toward full-scale electric vehicle production. Today, Lucid Motors has transformed into one of the most exciting EV brands on the market.

So, who owns Lucid Motors now? The majority shareholder is Saudi Arabia’s Public Investment Fund (PIF), which has invested billions to push the brand forward. This backing gives Lucid the financial muscle to compete with heavyweights like Tesla.

Where is Lucid Motors Headquarters?

Lucid Motors’ headquarters is located in Newark, California, right in the heart of Silicon Valley. This strategic location places the company close to cutting-edge tech innovation while also tapping into the EV talent pool. Production, however, happens at their impressive AMP-1 factory in Casa Grande, Arizona.

Design & Style – A Luxury Statement on Wheels

One look at the Lucid Air and it’s clear: this is not just another electric car. Sleek lines, futuristic lighting, and aerodynamic elegance set it apart. Unlike some bulky EVs, the Air looks refined, almost like a piece of art rolling down the road.

The upcoming Lucid Gravity SUV takes this design language and elevates it with a bolder, family-friendly stance, while still keeping the luxury DNA intact.

Inside the Cabin – Comfort Meets Technology

Step inside a Lucid, and you’ll find a perfect marriage of comfort and innovation. The Air’s cabin offers:

• Premium leather and sustainable materials
• A massive glass canopy roof that floods the interior with light
• Next-gen infotainment system with voice controls
• Spacious rear seats designed for long-haul comfort

Simply put, the Lucid experience feels like a luxury lounge on wheels.

Performance & Driving Experience – Where Power Meets Precision

Hit the accelerator in the Lucid Air, and you’ll instantly feel the surge of up to 1,200 horsepower (depending on the trim). The Air Sapphire can sprint from 0–60 mph in under 2 seconds, putting it in true supercar territory.

Handling is smooth yet responsive, thanks to advanced suspension tuning and near-perfect weight distribution. Whether you’re cruising city streets or carving through highways, the Air feels stable and confidence-inspiring.

Fuel Efficiency / EV Range – Class-Leading Distances

If range anxiety is your concern, Lucid has you covered. The Lucid Air boasts up to 516 miles of range on a single charge, the longest of any EV on the market. Charging is also lightning-fast, with the ability to add 200 miles in just about 12 minutes using DC fast charging.

The Lucid Gravity SUV is expected to carry forward this impressive range, making it a practical yet premium choice for families.

Safety & Technology – Innovation at the Core

Lucid doesn’t cut corners on safety. Key features include:

• Advanced Driver-Assistance System (DreamDrive)
• Over 30 sensors including LiDAR
• Automatic emergency braking and adaptive cruise control
• Over-the-air updates to keep tech fresh

Though official NHTSA crash ratings are still pending, industry experts expect top-tier safety performance.

Trim Levels & Pricing – How Much Does a Lucid Cost?

Wondering about Lucid car prices? Here’s a breakdown:

• Lucid Air Pure – Starting around $69,900
• Lucid Air Touring – Around $77,900
• Lucid Air Grand Touring – Around $109,900
• Lucid Air Sapphire – Over $249,000

The upcoming Lucid Gravity price is expected to start in the $80,000–$90,000 range, making it competitive with Tesla’s Model X and Mercedes EQS SUV.

Pros & Cons of Lucid Motors

Pros:

• Best-in-class EV range
• Luxury design and interior
• Powerful performance
• Cutting-edge technology

Cons:

• High starting price
• Limited service network compared to Tesla
• Still a young company (resale value uncertain)

Competitor Comparison – How Lucid Stacks Up

Have you ever wondered how Lucid compares to Tesla or Rivian? Here’s a quick look:

• Tesla Model S – Strong brand recognition, but less luxury feel inside compared to Lucid.
• Mercedes EQS – More established luxury brand, but Lucid beats it on range.
• Rivian R1T – More of an adventure truck, but shows how EV startups are shaking the industry (see our full Rivian R1T review).

If you’re torn between different EV startups, you can also check out the Rivian R3 vs R2 comparison for more context.

Who Should Buy a Lucid?

Lucid Motors caters to buyers who want:

• Luxury without compromise
• Record-breaking EV range
• A blend of performance and comfort
• A futuristic brand that dares to rival Tesla

If you’re a tech-savvy commuter, a luxury seeker, or simply someone who wants the newest innovation in electric mobility, Lucid makes a compelling case.

Final Verdict – Is Lucid Worth It?

So, who owns Lucid Motors? Backed by Saudi Arabia’s Public Investment Fund, Lucid isn’t just a car company – it’s a bold challenger to the EV status quo. With the Lucid Air redefining luxury sedans and the upcoming Lucid Gravity SUV set to expand their lineup, the brand is poised for long-term impact.

Yes, Lucid models come with premium pricing, but the unmatched range, luxury, and performance make them worth serious consideration. If you’re shopping for an EV that’s as much about lifestyle as it is about driving, Lucid might just be the perfect fit.