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Lucid Motors manufactures electric vehicles (EVs) in California, focusing on high-performance and luxury models for environmentally conscious consumers. The company designs and assembles its vehicles in the U.S., utilizing advanced in-house technology that enhances efficiency and extends driving range. This technology allows for longer travel distances with fewer batteries, contributing to sustainability by reducing the need for precious metals and minerals. Lucid Motors operates a direct-to-consumer sales model, which enables them to manage the entire customer experience from design to service, unlike traditional dealerships. Their product lineup includes various models such as the Pure AWD, Touring, and Grand Touring, along with promotional discounts for timely vehicle delivery. The goal of Lucid Motors is to transform the automotive industry through sustainable technology.
Company Stage
IPO
Employees
5,001-10,000
Industries
Automotive & Transportation, Energy
Total Funding
$3.5B
Headquarters
Newark, California
Founded
2016
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Family Medical Leave
Remote Work Program
Health & Wellness - Dental Benefits, Disability Insurance, Flexible Spending Account (FSA), Health Insurance Benefits, Life Insurance, Vision Benefits, Fitness Subsidies
401(K)
Paid Volunteer Time
Paid Holidays
Paid Sick Days
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