In 2026, it will have been a decade since battery tech company Atieva announced plans to build luxury electric cars under the brand name Lucid. Much has happened since then, with the company producing one of the longest-range EVs yet, setting up manufacturing operations in the US and the Middle East, and attracting billions of dollars in investment. While it would take some time before Lucid started customer deliveries, the company has still achieved success by many measures. However, Lucid has yet to make a bottom-line annual profit at any stage of its complicated journey, leading to certain complications.
Â
