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US luxury EV maker with industry-leading 516-mile EPA range; delivered 15,841 vehicles in 2025 — record full year doubling 2024 volume; majority-owned by Saudi Arabia's PIF with Lucid Gravity SUV expansion underway.
Lucid Group Inc. is an American electric vehicle manufacturer headquartered in Newark, California, specializing in ultra-premium electric sedans and SUVs. The company delivered 15,841 vehicles in 2025, a record full-year performance that more than doubled its 2024 delivery volume. Lucid's flagship Air sedan holds the record for the longest EPA-rated range of any EV at over 516 miles, powered by the company's proprietary Lucid powertrain and battery technology that achieves best-in-class energy efficiency.\n\nLucid is majority-owned by Saudi Arabia's Public Investment Fund (PIF), which has provided critical capital to fund manufacturing expansion at its Arizona factory (AMP-1) and a new Saudi Arabia facility (AMP-2) near Jeddah. The Lucid Gravity SUV began deliveries in late 2024 and provides a higher-volume product in the fast-growing premium electric SUV segment. The company has also announced a planned midsize platform that will underpin more affordable models targeted at broader market adoption.\n\nIn 2025 Lucid announced a partnership with NVIDIA to deliver one of the world's first consumer vehicles with Level 4 autonomous driving capabilities using the NVIDIA DRIVE AV platform, with initial L2++ hands-free features launching in 2026 and full eyes-off autonomy planned for subsequent model years. Lucid also supplies drivetrain technology to Aston Martin for its electric vehicles, positioning its technology licensing business as a secondary revenue stream.
German luxury automaker with €155B revenue; Neue Klasse EV platform launching 2025-2026 to compete with Chinese brands in premium electric vehicle segments.
BMW (Bayerische Motoren Werke) is a German luxury automobile and motorcycle manufacturer known for the "Ultimate Driving Machine" tagline, producing premium vehicles that balance performance, technology, and design. Founded in 1916 in Munich, Germany, BMW is listed on the Frankfurt Stock Exchange and generates approximately €155 billion in annual revenue through its automotive, motorcycle (BMW Motorrad), and financial services segments. The company operates manufacturing facilities across Germany, the US, UK, China, and other countries.
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