Lucid Gravity: A Luxury Electric SUV with Breathtaking Performance and Seating for Up to Seven. Reservations Open in Early 2023

• Lucid’s next force of nature: A luxury electric SUV like none other.
• Supercar levels of performance, seating for up to seven, and more range than any other EV (except for those from Lucid).
• Gravity, the first Lucid SUV, joins the Air sedan as a flagship model in Lucid’s lineup of luxury performance electric vehicles.
• Further information to be released when reservations open in early 2023.

NEWARK, CA — November 15, 2022 — Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market with the award-winning Lucid Air, today announced new details about Gravity, the first luxury electric SUV from Lucid.

“Gravity builds upon everything we have achieved thus far, driving further advancements of our in-house technology to create a luxury performance SUV like none other,” said Peter Rawlinson, CEO and CTO, Lucid Group. “Just as Lucid Air redefined the sedan category, so too will Gravity impact the world of luxury SUVs, setting new benchmarks across the board.”

Gravity will land in 2024, with reservations opening in early 2023. Lucid is currently finalizing the vehicle design and specifications, in parallel with continuing the expansion of its AMP-1 factory in Casa Grande, AZ.

Gravity builds upon Lucid’s core DNA of luxury, spaciousness, performance, and efficiency, setting itself apart from the competition with a previously unattainable combination of supercar performance and seating for up to seven adults. Lucid Gravity also promises more range than any other EV on the market – other than its stablemate, Lucid Air.

With the Lucid Space Concept employed with maximum effect, Gravity, can serve nearly any lifestyle or need, offering flexible seating configurations for five, six, or seven adults, in two- and three-row seating configurations. It will also feature the next-generation Glass Cockpit high-resolution displays, powered by the next generation of the intuitive and elegant Lucid UX software interface.

“I’m so thrilled with the results we are seeing with Lucid Gravity, sparing no opportunity to build on everything we learned with Lucid Air to create something that warps the vehicle-class continuum,” said Derek Jenkins, Senior Vice President, Design, Lucid Group. “It is both a supercar in disguise and an SUV with flexible passenger and cargo space that seems impossibly big relative to the exterior size of the vehicle. And it does this all with Lucid’s distinctive post-luxury design, inspired by California.”

Further information about the full Lucid Gravity lineup will be released in early 2023 when reservations open. Availability and timing for markets outside the U.S. and Canada will be announced at a future date.

About 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, Lucid Air, is a state-of-the-art luxury sedan with a California-inspired design that features luxurious full-size interior space in a mid-size exterior footprint. Lucid Air Grand Touring features an official EPA-estimated 516 miles of range or 1,050 horsepower. Deliveries of Lucid Air, which is produced at Lucid’s factory in Casa Grande, Arizona, are currently underway to U.S. and Canadian customers.

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Forward-Looking Statements
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