Can you buy a Lucid in Europe?
Orders for the car can be placed on Lucid’s website or at “studios” in Germany, the Netherlands, Norway and Switzerland. Lucid will from 2026 expand sales of the Gravity and Air sedan to Austria, Belgium, the Czech Republic, France, Italy, Poland, Spain and the U. K. Lucid Air Grand Touring features an official EPA estimated 516 miles of range. Assembled at Lucid’s factories in Casa Grande, Arizona, and King Abdullah Economic City (KAEC), Saudi Arabia, deliveries of Lucid Air are currently underway to customers in the U. S. Canada, Europe, and the Middle East.
Is Lucid as a business struggling?
The company has yet to turn a profit. In February, the company said it would lay off 12% of its workforce, which it said would save around $500 million annually. Lucid said it had $3. March, down from $4. Lucid has reported powerful revenue gains over the past 10 quarters. But it has yet to report a profit, and the Newark, Calif. EVs in order to keep the company afloat.Lucid has significant losses and minimal revenue Growth companies typically don’t generate significant profits when they’re just getting started, and that’s been true for Lucid. The company’s third-quarter 2025 net loss was approximately $1 billion, a very substantial amount.Lucid has significant losses and minimal revenue Growth companies typically don’t generate significant profits when they’re just getting started, and that’s been true for Lucid. The company’s third-quarter 2025 net loss was approximately $1 billion, a very substantial amount.
Who owns 60% of Lucid?
Both Lucid and Uber share a powerful common investor, Saudi Arabia’s Public Investment Fund (PIF). The PIF owns ~60% of Lucid and ~3. Uber. Lucid can win over the next five years There are a lot of reasons to be optimistic about Lucid over the next five years and beyond. For starters, the early popularity of its new Gravity SUV is a good sign. Sales could accelerate even further when the lower-priced touring trim becomes available.Young brand risk: Lucid doesn’t have decades of mainstream recognition like BMW or Mercedes. Some buyers still worry about long-term support, which softens resale demand. Price cuts and incentives: As Lucid adjusts pricing and offers incentives on new cars, used prices often follow them down.Lucid shares fall as CEO change and funding plans raise concerns. Uber deal and robotaxi push signal growth, but risks remain. Cash burn, losses, and liquidity worries weigh on outlook.