Lucid Motors

Lucid Motors, founded in 2007 and headquartered in Newark, California, is a luxury electric vehicle manufacturer developing high-performance sedans and crossovers. Led by CEO Peter Rawlinson, the company employs approximately 4,500 people across facilities in California and Arizona, with plans for additional manufacturing in Saudi Arabia backed by the Saudi Public Investment Fund (PIF), a major investor. Lucid produces the Lucid Air, a premium electric sedan positioned to compete with high-end offerings from Tesla and legacy luxury brands. The company differentiates through advanced battery technology, performance engineering, and luxury positioning. Currently focused on ramping production, expanding its vehicle lineup, and scaling to profitability while managing significant capital requirements in a competitive EV market.

Culture

Lucid cultivates an innovation-focused culture centered on engineering excellence and advanced powertrain technology. The company attracts experienced automotive engineers and emphasizes ambitious technical goals, with work style characterized by rapid growth and execution-focused teams. Recent years have seen the intense pressure typical of capital-heavy manufacturing startups scaling production amid industry competition and macroeconomic challenges, creating a demanding but technology-forward environment.

  • Innovation-driven engineering culture focused on luxury EV technology and performance
  • High-growth environment with ambitious timelines and technical challenges
  • Emphasis on battery and powertrain expertise, attracts automotive engineers
  • Rapid scaling and production ramp-up create intense, demanding work pace

Benefits

  • Professional development and tuition assistance

Hiring velocity

15 open now, 15 first appeared in the last 30d.

Funding history 4 rounds, $3.6B total

RoundClosedAmountInvestors
Series CApr 2021$2.5BSaudi Arabia PIF, PIF
Series BSep 2018$1.0BSaudi Arabia PIF, Jing Capital
Series AApr 2016$112.0MKhosla Ventures, Venrock, Prince Alwaleed
SeedJul 2009undisclosedKhosla Ventures, Venrock

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