Lucid Motors Debuts the Lucid Air Midnight Dream Edition during the International Motor Show 2023 in Munich

Amsterdam — September 1, 2023 — Lucid Group, Inc. (NASDAQ: LCID), setting new standards for luxury electric experience with the Lucid Air, winner of the 2023 World Luxury Car Award, today announced that it will present the Lucid Air luxury electric sedan for the first time at the International Motor Show (IAA Mobility) in Munich and debut the limited-production Air Midnight Dream Edition on 5 September, 2023.

A Dream in Black: The Lucid Air Midnight Dream Edition
The Lucid Air Midnight Dream Edition is a new darkly styled configuration of the Lucid Air that has never before been produced. An Air Dream Edition with Lucid’s sinister Stealth theme, it features finely finished, dark polished exterior trim and 21-inch Aero Dream wheels with satin black inserts. It is fitted with a darker, more enigmatic interior inspired by the nighttime Mojave Desert. This exclusive, limited-production luxury electric sedan was created with the European market in mind and will not be available in the U.S.

The Lucid Air Midnight Dream Edition in numbers

• Combined range of up to 799 kilometers according to WLTP
• Combined power consumption: 16.6 kWh/100km according to WLTP
• CO2 emissions: 0g/km

Meet the Lucid Air Lineup
The Lucid Air Midnight Dream Edition will be available for viewing at the Studio located at Odeonsplatz 2, 80539 Munich, during IAA. On Tuesday, 5 September, and Wednesday, 6 September, the Studio will only be open to the media and invited guests. Starting 7 September, the Studio will be open for public viewing of the Air Midnight Dream Edition.

The Lucid Air Pure, the company’s most accessible model, will celebrate its premiere on the European stage at Lucid’s pop-up Studio located at Königsplatz 1, 80333 Munich. The Air Touring and Air Grand Touring models will also be on display in this area. The Königsplatz Studio is open daily from Tuesday, 5 September, to Sunday, 10 September, from 10:00 a.m. to 8:00 p.m. The Studio will also offer short test drives on the adjacent Arcisstraße 1, 80333 Munich.

The Lucid Air Pure in numbers

• Combined range of up to 725 kilometers according to WLTP
• Combined power consumption: 14.1 kWh/100km according to WLTP
• CO2 emissions: 0g/km

The Lucid Air Touring in numbers

• Combined range of up to 725 kilometers according to WLTP
• Combined power consumption: 14.1 kWh/100km according to WLTP
• CO2 emissions: 0g/km

The Lucid Air Grand Touring in numbers

• Combined range of up to 839 kilometers according to WLTP
• Combined power consumption: 14.9 kWh/100km according to WLTP
• CO2 emissions: 0g/km

Note to Journalists
Journalists who would like to discover the Lucid Air Midnight Dream Edition in person are encouraged to visit the Lucid Studio at Odeonsplatz 2 in Munich on Tuesday, 5 September, between 10:00 a.m. and 6:00 p.m. (IAA accreditation required).

About the Lucid Group
Lucid’s mission is to inspire the adoption of sustainable energy by creating advanced technologies and the most captivating luxury electric vehicles centered around the human experience. The company’s first car, the Air, is a state-of-the-art luxury sedan with a California-inspired design. Assembled at Lucid’s factory in Casa Grande, Arizona, deliveries of Lucid Air are currently underway to customers in the U.S., Canada, Europe, and the Middle East.

Media Contact
preurope@lucidmotors.com

Trademarks 
This communication contains trademarks, service marks, trade names and copyrights of Lucid Group, Inc. and its subsidiaries 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 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 regarding the International Motor Show, the Lucid Air, and the driving range, features, specifications and 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 or consumer 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, 2023, 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.