Lucid Motors Opens First Pacific Northwest Retail Location in Seattle University Village

Grand Opening takes place on Saturday 25 JuneBee 10:00 a.m. PDT

NEWARK, California.June 24, 2022 /PRNewswire/ — Lucid Group, Inc. (NASDAQ: LCID), which sets new standards with the widest range and fastest-charging electric vehicle on the market, today announced the official opening of its first retail location in the Pacific Northwest in University Village in Seattle, WA. This opening of Lucid Studio marks 28 Studio and service center locations open in North America† Lucid Studio University Village is open to the public from Saturday 25 June

Lucid Group announced the official opening of its first retail location in the Pacific Northwest at University Village in Seattle, WA, opening its 28th studio and service center location in North America.

“The response to Lucid in Washington State has been tremendous, reflecting the region’s unique embrace of both innovation and the environment,” said Zak Edson, Lucid’s vice president of sales and service. “We have a growing number of Lucid Air owners in the market, and the new Lucid Studio in University Village provides the perfect opportunity for EV enthusiasts to interact with and learn more about the groundbreaking Lucid Air.”

Lucid Studio University Village joins the Lucid service center at 3412 Airport Way S, Seattlewhich provides comprehensive support to Lucid owners in the area.

Studio experience

Each Lucid Studio offers a digitally-focused luxury experience tailored to each client’s preferences, whether they come in person, ask questions entirely online, or combine both. Lucid Studios allows customers to experience the brand and learn about the products in locations that underline the company’s unique design aesthetic. Visitors exploring a Lucid Studio get a sense of how the company draws inspiration from the beauty, innovation and diversity of its home state California† In addition, Lucid Studios augment the physical experience of seeing and touching a Lucid Air with an enhanced digital experience. With help from a 4K VR configurator, Lucid’s Virtual Reality Experience combines the physical and virtual worlds to show seamless personalization of everything from interior finishes and materials to exterior color.

Virtual tour

For customers unable to visit Lucid Studio, there is Lucid Studio Live, a virtual private tour that allows customers to view and build their dream car under the guidance of a Lucid team member. Each one-on-one appointment allows ample time for questions and an incredible 360° view of Lucid Air. Customers can see everything from the interior, to the trunk and frunk, to the exterior and even above the vehicle, all in their iconic choice California backgrounds. From there, customers can save a favorite design configuration to their Lucid account if they wish.

Future studio and service centers

More locations will open as Lucid expands its presence in North America and worldwide. Customers can drop by during normal business hours or make an in-person appointment by contacting the Lucid team at lucidmotors.com/contact. They can always start exploring the Lucid Air through the “Design Yours” configurator.

About Lucid Group

Lucid’s mission is to inspire the adoption of renewable energy through cutting-edge technologies and create the most exciting luxury electric vehicles that put the human experience at the center. The company’s first car, Lucid Air, is a state-of-the-art luxury sedan with a California-inspired design with luxurious full-sized interior space in a medium-sized exterior footprint. Backed by race-proven battery technology and patented powertrains developed entirely in-house, Lucid Air was named MotorTrend Car of the Year® in 2022. The Lucid Air Grand Touring has an official EPA-estimated range of 516 miles or 1,050 horsepower. Customer deliveries of Lucid Air, which is manufactured at Lucid’s new factory in Big House, Arizonaon our way.

Media contact

media@lucidmotors.com

Trademarks

This notice contains trademarks, service marks, trade names and copyrights of Lucid Group, Inc. and its subsidiaries and other companies owned by their respective owners.

Forward-Looking Statements

This communication contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the US Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of words such as “estimate”, “plan”, “project ”, “forecast”, “plan”, “will”, “expect”, “anticipate”, “believe”, “seek”, “goal”, “continue”, “could”, “could”, “ “ might”, “possible”, “potential”, “forecast” 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 new Lucid Studio in University Village, expectations regarding studio experience, including in-person and virtual customer experiences, plans regarding future openings of new studios and service centers, including planned locations, and the promise of Lucid’s technology. These statements are based on various assumptions, whether or not stated in this announcement, and on the current expectations of Lucid’s management. These forward-looking statements are not intended to be, and should not be relied upon by, any investor as a guarantee, assurance or conclusive statement of fact or probability. Actual events and conditions are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond Lucid’s control. These forward-looking statements are subject to a number of risks and uncertainties, including the 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 March 31, 2022, as well as other documents Lucid has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or if Lucid’s assumptions prove incorrect, actual results could differ materially from those implied by these forward-looking statements. There may be additional risks that Lucid is not currently aware of or that Lucid currently believes are immaterial, and which could also cause actual results to differ from those in the forward-looking statements. In addition, forward-looking statements reflect Lucid’s expectations, plans or predictions of future events and views as of the date of this release. Lucid expects that subsequent events and developments will cause Lucid’s ratings to change. However, while Lucid may elect to update these forward-looking statements at any time in the future, Lucid expressly disclaims any obligation to do so. These forward-looking statements should not be relied upon to represent the representations of Lucid as of a date subsequent to the date of this communication. Accordingly, undue reliance should not be placed on the forward-looking statements.

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SOURCE Lucid Motors

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