Lucid Announces Opening of First Retail Point in Switzerland in Geneva

Lucid Studio’s grand opening on Cours de Rive 10 will take place on November 18

AMSTERDAM, 17 November 2022 /PRNewswire/ — Berrak Group Setting new standards with its advanced luxury electric vehicles (NASDAQ: LCID), today announced that it plans to open its first retail outlet in Turkey. Switzerland – Lucid Studio on the Cours de Rive 10 Geneva – on Friday, November 18, 2022.

Swiss Studio will be the company’s second retail location in Europe, after Munich Studio, which opened in May of this year.

The luxury retail space will invite customers to experience the Lucid brand and products in the heart of the city. Geneva. Swiss Studio will designate the company’s second retail location. Europe, after the Munich Studio opening in May of this year. Lucid hopes to expand its physical footprint in other countries as well. Europe in the coming years.

“Response to Lucid at the last preview event Zurich reflecting the country’s unparalleled embrace of luxury, innovation and the environment.’ aforementioned Zak Edson, Vice President of Sales and Service, Lucid Group. “We have an increasing number of Lucid Air bookings. Switzerland and the new Lucid Studio Geneva It will provide the perfect opportunity for EV enthusiasts to interact and learn about the groundbreaking Lucid Air.

Studio Experience

With a direct-to-consumer model, each Lucid Studio delivers a premium digital-focused experience tailored to each customer’s preferences, whether visiting in person, inquiring fully online, or combining the two. Lucid’s Geneva Studio will allow customers to fully experience the brand and learn about its products in a position that highlights the company’s unique design aesthetic. Visitors exploring a Lucid Studio will gain a vision of how the company draws inspiration from the beauty, innovation and diversity of its local situation in their local language. California, USA).

European Enlargement

Lucid accepts reservations from European customers and is their first vehicle Europe at the end of 2022. Customers who make a fully refundable reservation with prices starting from 300 EUR, Austria, Belgium, Denmark, Finland, France, Germany, Italy, Monaco, Holland, Norway, Spain, Sweden, Switzerlandand the UK could be next in line for the Lucid Air Pure, Touring and Grand Touring models when deliveries begin in their home countries. Further expansion Europe Additional Studios and service centers are planned in the future in major European cities.

About Lucid Group
Lucid’s mission is to inspire the adoption of sustainable energy by creating cutting-edge technologies and the most captivating luxury electric vehicles focused on the human experience. The company’s first car, the Lucid Air, is a high-end luxury sedan. CaliforniaInspiring design with luxurious full-size interior space in a mid-size exterior footprint. The highly anticipated Lucid Air Grand Touring has 819 horsepower. Deliveries of Lucid Air manufactured at Lucid’s factory in 2009 Big House, Arizonacurrently on the way for US and Canadian customers.

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This communication is by Lucid Group, Inc. and its affiliates and other companies’ trademarks, service marks, trade names and copyrights and are the property of their respective owners.

forward-looking statements
This communication contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include “anticipate”, “plan”, “project”, “guess”, “intend”, “will”, “will”, “expect”, “anticipate”, “believe”, “seek”, “will target”, “continue”, “will,” “may”, “could”, “possible”, “potential”, “anticipate” or other similar expressions that predict or indicate future events or trends, or are not statements of historical issues These forward-looking statements include, but are not limited to, statements regarding plans and expectations regarding the new Lucid Studio. Geneva, SwitzerlandLucid’s prospects for expansion, including studio experience EuropeDelivery timing of Lucid vehicles Europe, pricing, availability of Lucid tools, and the promise of Lucid technology. These statements, whether or not described in this communication, are based on various assumptions and current expectations of Lucid management. These forward-looking statements are not intended to serve as a guarantee, assurance, or conclusive statement of fact or probability and should not be relied upon by any investor. Actual events and conditions are difficult or impossible to predict and may differ from these forward-looking statements. Many real 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 “Risk Factors” in Part II, Item 1A of Lucid’s Quarterly Report Form 10-Q for the quarter that has ended. September 30, 2022, as well as other documents Lucid has filed or will submit to the Securities and Exchange Commission. If any of these risks materialize or Lucid’s assumptions prove wrong, 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 believes are immaterial that could cause actual results to differ from those contained in forward-looking statements. In addition, forward-looking statements reflect Lucid’s expectations, plans, or estimates and views of future events as of the date of this communication. Lucid predicts that subsequent events and developments will cause Lucid’s assessments to change. However, while Lucid may choose to update these forward-looking statements at some point in the future, Lucid specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon to represent Lucid’s assessment as of any date after the date of this communication. Accordingly, forward-looking statements should not be unduly relied upon.

The luxury retail space will invite customers to experience the Lucid brand and products in the heart of Geneva.

The luxury retail space will invite customers to experience the Lucid brand and products in the heart of Geneva.

Lucid Motors is crossing the pond to open reservations for the Lucid Air luxury EV in several European markets.  (PRNewsfoto/Lucid Motors)

Lucid Motors is crossing the pond to open reservations for the Lucid Air luxury EV in several European markets. (PRNewsfoto/Lucid Motors)

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SOURCE Lucid Group

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