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Lucid Unveils State-of-the-Artwork Motorsports Electrical Drive Unit, Taking Lucid Air’s Superior Electrical Motor and Drivetrain Expertise to the Racetrack

NEWARK, Calif., Jan 25, 2023 /PRNewswire/ — Lucid Group, Inc. (NASDAQ: LCID), setting new requirements with the longest-range, fastest-charging electrical automobile in the marketplace, at present revealed its groundbreaking new electrical drive unit for motorsports, which might already be discovered on the race circuit as the usual entrance drive unit for the world’s main single-seater electrical racing sequence.

“With unimaginable energy density of 14.7 hp/kg and immense power restoration, this drive unit will as soon as once more rework electrical motorsports, following within the footsteps of our revolutionary battery pack in prior race seasons,” mentioned Peter Rawlinson, CEO and CTO, Lucid Group. “For Lucid, the switch of know-how between motorsports and highway automobiles is a two-way symbiosis. This new motorsports drive unit builds immediately upon the groundbreaking powertrain know-how developed in-house by Lucid and confirmed on the highway in each Lucid Air. I’ I am excited by the prospect that a few of the technical developments launched could in flip make their approach to future Lucid highway automobiles.”

Comprising motor, inverter, differential and transmission all mixed, the brand new motorsports drive unit produces 469 horsepower – regardless of a weight of solely 70.5 kilos (32 kilos) – and is able to a max rotor velocity of 19,500 rpm. It options the identical state-of-the-art high-voltage steady wave winding and proprietary microjet cooling system that may be discovered within the motors powering the Lucid Air sports activities sedan.

Positioned within the nostril cone of each racecar within the present electrical world championship, the brand new Lucid drive unit supplies regenerative power restoration from the entrance wheels beneath braking, considerably enhancing the racecar’s efficiency envelope, effectivity, and relevance to highway automobile development.

Simply because the motors within the acclaimed Lucid Air sports activities sedan are designed, engineered, and produced totally in-house by Lucid, the brand new motorsports entrance drive unit is totally proprietary. Lucid drew upon its experience of e-motor design, energy electronics, pc simulation, and design engineering to create this cutting-edge drive unit. Every motorsport drive unit is manufactured to exacting specification in Lucid’s headquarters in California.

About Lucid Group
Lucid’s mission is to encourage the adoption of sustainable power by creating superior applied sciences and essentially the most charming luxurious electrical automobiles centered across the human expertise. The corporate’s first automobile, Lucid Air, is a state-of-the-art luxurious sedan with a California-inspired design that options luxurious full-size inside area in a mid-size exterior footprint. The extremely anticipated Lucid Air Grand Touring options 819 horsepower. Deliveries of Lucid Air, which is produced at Lucid’s manufacturing facility in Large Home, Arizonaare at the moment underway to US, Canadian, and European clients.

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This communication incorporates logos, service marks, commerce names and copyrights of Lucid Group, Inc. and its subsidiaries and different firms, that are the property of their respective homeowners.

Ahead-Trying Statements
This communication consists of “forward-looking statements” throughout the that means of the “secure harbor” provisions of america Non-public Securities Litigation Reform Act of 1995. Ahead-looking statements could also be recognized by way of phrases equivalent to “estimate,” ” plan,” “challenge,” “forecast,” “intend,” “will,” “shall,” “anticipate,” “anticipate,” “consider,” “search,” “goal,” “proceed,” “may, ” “could,” “would possibly,” “attainable,” “potential,” “predict” or different comparable expressions that predict or point out future occasions or tendencies or that aren’t statements of historic issues. These forward-looking statements embody, however will not be restricted to, statements relating to plans and expectations with respect to Lucid’s new electrical drive unit for motorsports, together with its specs and its potential affect, and the promise of Lucid’s know-how. These statements are based mostly on varied assumptions, whether or not or not recognized on this communication, and on the present expectations of Lucid’s administration. These forward-looking statements will not be supposed to function, and should not be relied on by any investor as, a assure, an assurance, or a definitive assertion of reality or likelihood. Precise occasions and circumstances are tough or inconceivable to foretell and should differ from these forward-looking statements. Many precise occasions and circumstances are past the management of Lucid. These forward-looking statements are topic to various dangers and uncertainties, together with these components mentioned beneath the heading “Threat Elements” in Half II, Merchandise 1A of Lucid’s Quarterly Report on Type 10-Q for the quarter ended September 30, 2022, in addition to different paperwork Lucid has filed or will file with the Securities and Trade Fee. If any of those dangers materialize or Lucid’s assumptions show incorrect, precise outcomes may differ materially from the outcomes implied by these forward-looking statements. There could also be further dangers that Lucid at the moment doesn’t know or that Lucid at the moment believes are immaterial that would additionally trigger precise outcomes to vary from these contained within the forward-looking statements. As well as, forward-looking statements replicate Lucid’s expectations, plans or forecasts of future occasions and views as of the date of this communication. Lucid anticipates that subsequent occasions and developments will trigger Lucid’s assessments to alter. Nevertheless, whereas Lucid could elect to replace these forward-looking statements sooner or later sooner or later, Lucid particularly disclaims any obligation to take action. These forward-looking statements shouldn’t be relied upon as representing Lucid’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance shouldn’t be positioned upon the forward-looking statements.

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SOURCE Lucid Group


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