Who Makes Lucid Cars? Owner, Factories and CEO (2026)

Lucid Group, Inc., which trades as Lucid Motors, makes Lucid cars. It designs them at its headquarters in Newark, California, assembles the Lucid Air sedan and Lucid Gravity SUV at its own factory in Casa Grande, Arizona, and is controlled by Saudi Arabia’s Public Investment Fund (PIF) through an affiliate called Ayar. This guide answers who makes Lucid, who owns it, who runs it and where each car is built, using Lucid’s own SEC filings and pages, with an as-of date on every time-sensitive fact.

Who Makes Lucid Cars? The Short Answer

Here is the whole picture in one table. Every row names its source and date, so you can check it yourself. Where a fact can change (CEO, prices, production plans), the date tells you how fresh it is.

The primary source for most rows is the Lucid Group annual report on Form 10-K for fiscal 2025, which is public on the SEC website.

Where Are Lucid Cars Actually Built?

Lucid Air and Lucid Gravity are assembled at AMP-1, short for Advanced Manufacturing Plant-1, in Casa Grande, Arizona. Lucid says it began producing the Air there in September 2021, and it began production of the Gravity in December 2024. In its 10-K, Lucid describes AMP-1 as the first purpose-built, greenfield EV manufacturing facility in North America and says it finished key expansion work in 2024 that brought installed capacity to 90,000 vehicles per year. That is capacity, not output: it says nothing about how many cars Lucid actually builds in a year.

What The Saudi Arabia Plant Actually Does

Many articles say Lucid “builds cars in Saudi Arabia.” The 10-K is more specific. AMP-2 in King Abdullah Economic City is a two-part project. The first part, semi knocked-down (SKD) assembly, is completed: it re-assembles Lucid Air and Gravity vehicle “kits” that are pre-manufactured at AMP-1. The second part, a completely-built-up (CBU) facility that would build vehicles from raw parts, was still being constructed when the filing was made and adds a planned 150,000 vehicles of annual capacity. So the Saudi plant today finishes cars from Arizona-made kits rather than building them from scratch.

Lucid also lists a Lucid Powertrain Manufacturing Plant-1 (LPM-1) in Casa Grande in the same filing. Lucid says it designs and builds its own EV powertrains and battery systems in-house, so the cars are made by the carmaker itself, not by a contract manufacturer.

Who Owns Lucid Motors?

Lucid Group is a public company listed on the Nasdaq under the ticker LCID, but one holder controls it. The 10-K identifies Ayar Third Investment Company as “an affiliate of the PIF and the controlling stockholder,” and states that as of December 31, 2025 the PIF, directly and through Ayar, held over 50% of the voting power for electing directors. Because of that, Lucid calls itself a “controlled company” under Nasdaq rules, which lets it skip some governance requirements, such as having a majority of independent directors.

One number to treat with caution: you will see exact PIF stake figures such as 58.4% repeated across the web. Lucid’s 10-K does not state a precise percentage in the sections we read, only “over 50% of the voting power” as of December 31, 2025, so this page does not quote a single figure. The percentage also moves whenever Lucid issues shares, and the company completed a one-for-ten reverse stock split on August 29, 2025. For a current number, check the beneficial-ownership tables in Lucid’s latest proxy statement or the PIF’s own SEC filings.

The PIF also has other business ties to Lucid beyond its shares. The 10-K lists a loan agreement with the Saudi Industrial Development Fund, a PIF related party, and a lease for Lucid’s Saudi office with a PIF subsidiary. None of that changes who builds the cars.

Is Lucid An American Company?

Lucid Group is incorporated in Delaware, headquartered in California, and builds its cars primarily in Arizona, but its controlling stockholder is a Saudi sovereign wealth fund affiliate. That is a fact about ownership, not about where the cars come from. It also corrects a common mix-up: Lucid is not owned by a Chinese company.

Who Runs Lucid Today?

Lucid’s leadership changed in 2025 and 2026, so older articles are often wrong. Per Lucid’s filings: Peter Rawlinson resigned as CEO and CTO on February 21, 2025, and Marc Winterhoff, then Chief Operating Officer, became interim CEO. On April 14, 2026, Lucid announced that Silvio Napoli, the former Chairman and CEO of Schindler Group, would become CEO; he joined the board on April 15, 2026. Lucid announced on June 1, 2026 that he had assumed the CEO role effective immediately, and Winterhoff went back to Chief Operating Officer. Per the 10-K, Rawlinson stays available as a Strategic Technical Advisor to the board chairman through February 21, 2027.

Lucid Models And Prices: What Lucid Lists Today

Lucid builds two models today. The Air launched first, with customer deliveries starting in October 2021, and the Gravity followed with production starting in December 2024. The prices and ranges below are what Lucid’s own pages listed on October 12, 2026 for the 2027 model year. They exclude tax, title, license, destination and documentation fees, and Lucid labels some ranges as projected rather than EPA-rated, so treat them as a snapshot and check the Lucid site before you decide.

Compare that table with older articles, including earlier versions of this one: Lucid’s listed starting prices have moved, which is why every figure here carries a date. For how Lucid pricing fits against the rest of the EV market, see our guide to how much an electric car costs.

What Is Next: The Midsize Platform

The 10-K says Lucid plans a Midsize platform with three new vehicles, scheduled to start production in late 2026, to reach higher-volume segments. As with any plan, treat the date as a target, not a promise. Lucid also states that AMP-2’s CBU expansion continues in 2026. This page does not forecast sales, and nothing here is investment advice about Lucid stock.

How Lucid Differs From Other Car Makers

Compared with a legacy brand, Lucid is a single-brand, vertically integrated EV maker. Brand-owner questions on this site usually have a corporate-family answer: see which brands General Motors owns, who owns BMW or who makes Jaguar. Lucid has no such family: one company, one brand, and a controlling investor. Among EV-only makers, the closest comparison is Tesla, whose founding story we cover in who founded Tesla. If battery life is your concern as a buyer, our EV battery lifespan guide covers the general facts.

Frequently Asked Questions

Who Is Lucid Motors Owned By?

Lucid Group is controlled by Saudi Arabia’s Public Investment Fund through its affiliate Ayar Third Investment Company. Lucid’s 10-K says the PIF held over 50% of the voting power for electing directors as of December 31, 2025. Lucid is still a Nasdaq-listed company (LCID), so other investors hold shares too.

Where Are Lucid Cars Made?

Lucid Air and Lucid Gravity are assembled at AMP-1 in Casa Grande, Arizona. A second plant, AMP-2 in King Abdullah Economic City, Saudi Arabia, re-assembles kits made at AMP-1, with a full build-up expansion planned. Source: Lucid Form 10-K filed February 24, 2026.

Who Is The CEO Of Lucid?

Silvio Napoli became Lucid CEO effective June 1, 2026, per Lucid’s 8-K and press release. Marc Winterhoff, who had been interim CEO since February 2025, returned to Chief Operating Officer.

Is Lucid Motors Owned By China?

No. Lucid’s controlling stockholder is an affiliate of Saudi Arabia’s Public Investment Fund, a Saudi sovereign wealth fund. The company is incorporated in Delaware and headquartered in Newark, California.

Is Lucid An American Company?

Lucid Group is a Delaware corporation headquartered in Newark, California, and its main factory is in Arizona. Its controlling stockholder, however, is a Saudi PIF affiliate.

How Much Do Lucid Cars Cost?

On October 12, 2026, Lucid listed 2027 Air prices starting at $70,900 for the Pure, with Touring at $79,900, Grand Touring at $114,900 and Sapphire at $249,000. Gravity started at $79,900 for the Touring. Prices exclude taxes and fees and change, so check Lucid’s site.

Bottom Line

Lucid Motors makes Lucid cars: designed in Newark, built in Casa Grande, finished from kits in Saudi Arabia, and controlled by the PIF. Everything above comes from Lucid’s own filings and pages as of the dates shown. Check the latest 10-K, 8-K filings and Lucid’s site before you rely on a price, a date or a plan.