Klein, Chairman and CEO of Churchill Capital Corp IV, prior to the business combination, said, “Lucid has industry-leading technology, clear demand for its products, and is on track to deliver revenue-generating cars to customers in the second half of this year. I am proud of Lucid’s core foundations, built on curiosity, determination, and sound engineering principles.” Rawlinson added, “Thank you to my colleagues across the country, from our headquarters in California to our factory in Arizona, for their outstanding efforts and willingness to question what’s possible every day. We are on track to meet our projected deliveries for the next two years, and we look forward to delighting our customers around the world with the best electric vehicles ever created.” “Lucid Air represents the next generation of EVs and creates new standards for interior comfort, range, efficiency and power. “Lucid’s mission is to truly mass industrialize electric cars and electric powertrain systems through the development of the most advanced technology imaginable,” said Peter Rawlinson, CEO and CTO, Lucid Group. A live stream of the event can be viewed by visiting. Lucid will be ringing the opening bell at Nasdaq on July 26 to celebrate the company's public listing. The combined company will now operate as Lucid Group, Inc. Lucid completed the previously announced merger with Churchill Capital Corp IV on July 23, 2021. Vertically integrated engineering and manufacturing capabilities, including a state-of-the-art EV factory in Casa Grande, AZĭubai, United Arab Emirates: Lucid Group, which is setting new standards for sustainable mobility with its advanced luxury EVs, today became a publicly listed company trading on the Nasdaq Global Select Market with its Class A common stock and public warrants listed under the new ticker symbols “LCID” and “LCIDW,” respectively.In-house EV technology will deliver world-leading performance and efficiency, including a projected EPA range of over 500 miles on a single charge.Lucid’s leadership team reflects its culture of excellence, with significant expertise in the automotive and technology industries.Company has over 11,000 paid reservations for Lucid Air and is on schedule to deliver its groundbreaking luxury electric vehicle in the second half of 2021.The transaction brings in $4.4B, which the company plans to use to accelerate its growth and increase manufacturing capacity to capitalize on expected demand.
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