LCID

Cluster: Gravity Market Launches and Customer Access

Commitment: September 08, 2025: Unveil Lucid Gravity in Europe with a German premiere at IAA Munich and open orders immediately, with first European deliveries beginning early 2026.

✅ On Track | Certainty: 95%

Analysis: European debut occurred as planned at IAA Munich, with orders opened. Delivery timing of early 2026 reaffirmed. No conflicting evidence.

Progress:

• A recent update from 2025-09-08 confirms the Munich debut, orders open in Europe, and deliveries expected to begin early 2026.
• Earlier evidence from 2024-11-07 indicated U.S. order opening and late-2024 SOP; the 2025-09-08 European specifics are additive, not conflicting.

Commitment: September 08, 2025: Announce European pricing and leasing options for Gravity Grand Touring (e.g., Germany €116,900; leasing from €1,169/month incl. VAT), with Touring pricing published and availability to follow later.

✅ On Track | Certainty: 95%

Analysis: Country-specific GT and Touring pricing and example leasing terms were published; Touring availability timing remains “later,” consistent with staged rollout.

Progress:

• A recent update from 2025-09-08 lists GT and Touring pricing in Germany, Netherlands, Switzerland, and Norway; example German lease from €1,169/month.

Commitment: September 08, 2025: Open orders for Gravity Grand Touring via Lucid’s website and Studios across Europe, with Gravity Touring to be made available at a later date.

✅ On Track | Certainty: 95%

Analysis: Orders for GT are open Europe-wide via web and Studios. Touring availability is explicitly “later,” consistent with plan.

Progress:

• A recent update from 2025-09-08 confirms GT ordering is live in Europe; Touring to follow.

Commitment: February 14, 2025: Launch Gravity Grand Touring in Canada with orders open now, starting at $134,500 CAD.

✅ On Track | Certainty: 90%

Analysis: Canadian ordering opened with pricing. No newer contradictory updates.

Progress:

• Earlier evidence from 2025-02-14 confirms Canadian ordering live for GT at $134,500 CAD.

Commitment: February 14, 2025: Plan introduction of Gravity Touring in Canada in late 2025, starting at $113,500 CAD.

✅ On Track | Certainty: 80%

Analysis: Planned late-2025 availability remains pending; no slippage reported to date.

Progress:

• Earlier evidence from 2025-02-14 states Touring planned for late 2025 at $113,500 CAD; no newer updates to timing.

Commitment: November 07, 2024: Open customer orders for Gravity Grand Touring in the U.S. with production slated to start at the end of 2024, and confirm Touring production planned for late 2025.

✅ On Track | Certainty: 98%

Analysis: U.S. orders opened and SOP occurred in December 2024; Touring production still planned for late 2025.

Progress:

• Earlier evidence from 2024-11-07 confirms U.S. order opening and end-2024 SOP plan.
• A recent update from 2025-04-30 states commercial production of Gravity began in December 2024, confirming SOP timing (newer data validates the plan).

Cluster: Autonomous Robotaxi Program with Uber and Nuro

Commitment: September 04, 2025: Confirm the robotaxi will be built at Lucid’s Arizona facility, operate exclusively on Uber’s platform, and is expected to first launch later next year in a major U.S. city.

✅ On Track | Certainty: 90%

Analysis: Partnership details and first-launch timing were reconfirmed alongside Uber’s investment close; execution milestones ahead.

Progress:

• A recent update from 2025-09-04 confirms Arizona build, Uber exclusivity, and first launch “later next year.”

Commitment: September 04, 2025: Note Uber’s deployment target of 20,000 or more Lucid vehicles over six years through the program, supported by Uber’s $300 million investment in Lucid.

✅ On Track | Certainty: 95%

Analysis: Investment closed and deployment target reaffirmed; consistent with earlier targets.

Progress:

• A recent update from 2025-09-04 confirms the $300M Uber investment closed and the 20,000+ vehicle deployment aim over six years.

Commitment: August 16, 2025: Commit to deliver a minimum of 20,000 Lucid Gravity Plus vehicles to Uber over six years following start of production targeted for late 2026.

✅ On Track | Certainty: 85%

Analysis: Delivery commitment is long-dated; current evidence shows agreements and funding in place; SOP target remains late 2026.

Progress:

• A recent update from 2025-08-16 (MD&A) details the 20,000-vehicle purchase framework and SOP target.
• A recent update from 2025-09-04 reinforces program funding and deployment scale (reaffirms trajectory).

Commitment: August 06, 2025: Reiterate late next year timing for first robotaxi vehicles and Uber’s plan to deploy a minimum of 20,000 vehicles over six years (reaffirmed and refined by September 04, 2025).

✅ On Track | Certainty: 90%

Analysis: Timeline and scale were restated on 2025-09-04; newer data supersedes earlier phrasing but not substance.

Progress:

• Earlier evidence from 2025-08-06 set late-next-year first vehicles and 20,000+ plan.
• A recent update from 2025-09-04 reaffirms timing and investment, superseding the earlier reiteration.

Commitment: July 17, 2025: Announce Uber’s aim to deploy 20,000+ Lucid vehicles equipped with Nuro Driver over six years, with first launch scheduled for next year in a major U.S. city, alongside multi‑hundred‑million‑dollar investments in Nuro and Lucid.

✅ On Track | Certainty: 90%

Analysis: Initial announcement has since been reinforced by the 2025-09-04 investment close; scope and timing remain consistent.

Progress:

• Earlier evidence from 2025-07-17 announced the 20,000+ deployment aim and first launch next year.
• A recent update from 2025-09-04 confirms Uber’s $300M investment in Lucid and exclusive platform operation, strengthening the program.

Cluster: Brand and Marketing Partnerships

Commitment: September 04, 2025: Enter into a multi‑year partnership with Timothée Chalamet as Lucid’s first‑ever global brand ambassador and feature him in upcoming multi‑format campaign content.

🌟 Exceeded Expectations | Certainty: 95%

Analysis: Partnership not only entered; campaign “Driven” launched with multi-format content directed by James Mangold.

Progress:

• A recent update from 2025-09-04 shows campaign launch featuring Chalamet (beyond “upcoming”).

Commitment: August 06, 2025: Confirm the Chalamet-led global brand campaign to launch in early September to stimulate near‑term demand and anchor the brand in popular culture (superseded by September 04, 2025 launch).

✅ On Track | Certainty: 95%

Analysis: Campaign launched on 2025-09-04; newer update supersedes the preview and confirms execution.

Progress:

• Earlier evidence from 2025-08-06 previewed an early-September launch.
• A recent update from 2025-09-04 confirms the campaign launched, superseding the preview.

Commitment: August 05, 2025: Initiate a significant brand awareness push featuring Timothée Chalamet as first global brand ambassador to strengthen market presence.

✅ On Track | Certainty: 90%

Analysis: The push materialized with the 2025-09-04 campaign launch and content distribution.

Progress:

• Earlier evidence from 2025-07-29 announced the partnership.
• A recent update from 2025-09-04 confirms the campaign execution, advancing the awareness push.

Commitment: July 29, 2025: Establish a multi‑year partnership with Timothée Chalamet as the first Global Brand Ambassador, with the campaign premiering in early fall 2025.

✅ On Track | Certainty: 95%

Analysis: Partnership established; campaign premiered in early September, meeting the “early fall” window.

Progress:

• Earlier evidence from 2025-07-29 confirms the partnership and fall timing.
• A recent update from 2025-09-04 confirms the campaign premiere (supersedes timing preview).

Cluster: Production, Guidance, and CapEx

Commitment: August 16, 2025: Guide 2025 capital expenditures to approximately $1.1–$1.2 billion, prioritizing high‑return programs (updates and supersedes April 30, 2025 guidance of ~$1.4 billion).

✅ On Track | Certainty: 95%

Analysis: CapEx guidance reduced and reaffirmed; explicitly supersedes earlier $1.4B figure.

Progress:

• A recent update from 2025-08-16 (MD&A) guides CapEx to $1.1–$1.2B, superseding 2025-04-30.

Commitment: August 06, 2025: Refine 2025 CapEx guidance to $1.1–$1.2 billion and continue disciplined prioritization of critical programs (consistent with August 16, 2025 MD&A).

✅ On Track | Certainty: 95%

Analysis: Guidance refinement consistent with the later MD&A; alignment confirms stability.

Progress:

• Earlier evidence from 2025-08-06 refined CapEx to $1.1–$1.2B.
• A recent update from 2025-08-16 maintains the same range (consistency increasing certainty).

Commitment: August 05, 2025: Adjust 2025 production outlook to 18,000–20,000 vehicles to reflect market conditions and execution plans (supersedes prior flat 20,000 guidance).

✅ On Track | Certainty: 95%

Analysis: Production guidance updated and carried into Q2 disclosures.

Progress:

• A recent update from 2025-08-05 sets the 18,000–20,000 range.
• A recent update from 2025-08-06 reiterates the updated range in the earnings call.

Commitment: May 06, 2025: Target production of approximately 20,000 vehicles in 2025 as part of Q1 commentary (superseded by August 05, 2025 update).

🟡 Partially Met | Certainty: 90%

Analysis: Original ~20,000 target was revised to a range of 18,000–20,000 on 2025-08-05; newer guidance supersedes the earlier figure.

Progress:

• Earlier evidence from 2025-05-06 targeted ~20,000 vehicles.
• A recent update from 2025-08-05 supersedes with 18,000–20,000; newer data takes precedence.

Commitment: February 25, 2025: Commit to producing approximately 20,000 vehicles in 2025 while improving gross margins and strengthening the balance sheet (superseded by August 05, 2025 update).

🟡 Partially Met | Certainty: 90%

Analysis: The ~20,000 goal remains within the later 18,000–20,000 range, but the exact single-point target was refined; superseded by newer guidance.

Progress:

• Earlier evidence from 2025-02-25 set ~20,000.
• A recent update from 2025-08-05 adjusted to 18,000–20,000 (supersedes).

Commitment: April 30, 2025: Anticipate approximately $1.4 billion in 2025 capital expenditures to support capacity and product development (superseded by August 16, 2025 guidance).

🟡 Partially Met | Certainty: 95%

Analysis: CapEx outlook was lowered to $1.1–$1.2B on 2025-08-16; newer guidance supersedes April projection.

Progress:

• Earlier evidence from 2025-04-30 anticipated ~$1.4B CapEx.
• A recent update from 2025-08-16 revises to $1.1–$1.2B, explicitly superseding April.

Cluster: Vehicle Technology, ADAS, and Charging

Commitment: September 08, 2025: Make DreamDrive 2 standard across all Lucid models in conjunction with Gravity’s European debut, leveraging NVIDIA DRIVE AGX and DriveOS.

✅ On Track | Certainty: 80%

Analysis: DreamDrive 2 was introduced with NVIDIA; “standard across all models” positioning announced. Broader rollout implied; direct confirmation of “standard on all” is inferred from launch communications.

Progress:

• A recent update from 2025-09-08 introduced DreamDrive 2 with NVIDIA DRIVE AGX.
• Earlier evidence from 2025-07-15 shows significant ADAS feature rollouts via OTA, supporting standardization momentum.

Commitment: September 08, 2025: Guarantee ongoing over‑the‑air software updates to continually enhance Lucid UX 3.0 and in‑vehicle features.

✅ On Track | Certainty: 90%

Analysis: Pattern of OTA updates (Android Auto, ADAS features) supports the guarantee; commitment reaffirmed at European debut.

Progress:

• A recent update from 2025-09-08 reiterates ongoing OTA enhancements.
• Earlier evidence from 2025-06-16 (Android Auto rollout) and 2025-07-15 (ADAS OTA) demonstrate active OTA cadence.

Commitment: September 08, 2025: Implement a 926‑volt architecture with a patented solution for legacy charger compatibility to enable class‑leading performance.

✅ On Track | Certainty: 95%

Analysis: 926V architecture and compatibility solutions have been detailed and reiterated; consistent with prior Gravity charging disclosures.

Progress:

• A recent update from 2025-09-08 confirms 926V architecture and compatibility approach.
• Earlier evidence from 2025-04-15/2025-01-28 details 926V charging on 1000V equipment and compatibility with 500V networks.

Commitment: September 08, 2025: Deliver peak charging enabling up to 400 kilometers in 14 minutes with up to 400 kW power and 926 V maximum voltage.

✅ On Track | Certainty: 90%

Analysis: Claimed charging performance aligns with prior statements (e.g., 200 miles in under 11 minutes); no contradictory data.

Progress:

• A recent update from 2025-09-08 states up to 400 km in 14 minutes, up to 400 kW at 926V.
• Earlier evidence from 2025-04-15 cites 200 miles in under 11 minutes at up to 400 kW; consistent.

Commitment: July 22, 2025: Provide Lucid Air owners access to the Tesla Supercharger network starting July 31, 2025 via a Lucid‑approved adapter, charging up to 50 kW and gaining up to 200 miles per hour.

✅ On Track | Certainty: 90%

Analysis: Access date and performance parameters announced; no subsequent issues reported.

Progress:

• Earlier evidence from 2025-07-22 confirms Tesla Supercharger access for Air starting 2025-07-31 via adapter.

Commitment: July 15, 2025: Roll out Hands‑Free Drive Assist and Hands‑Free Lane Change Assist to Lucid Air via OTA on July 30, 2025, with Gravity to follow later in the year.

✅ On Track | Certainty: 85%

Analysis: OTA schedule announced and consistent with broader ADAS roadmap; no later contradictions.

Progress:

• Earlier evidence from 2025-07-15 schedules the OTA rollout for Air on 2025-07-30; Gravity to follow later in 2025.
• A recent update from 2025-09-08 on DreamDrive 2 supports continued ADAS expansion.

Commitment: June 16, 2025: Begin rollout of Android Auto compatibility to enhance the infotainment experience based on owner feedback.

✅ On Track | Certainty: 95%

Analysis: OTA began as announced; ongoing software cadence corroborates.

Progress:

• Earlier evidence from 2025-06-16 confirms Android Auto rollout via OS 2.7.0.

Commitment: April 15, 2025: Equip 2026 Gravity with proprietary charging up to 400 kW on 1000 V equipment, adding 200 miles in under 11 minutes.

✅ On Track | Certainty: 95%

Analysis: Charging specs for 2026 Gravity consistently reiterated; no slippage indicated.

Progress:

• Earlier evidence from 2025-04-15 provides detailed charging specs; later 2025-09-08 aligns on performance.

Commitment: January 28, 2025: Enable Gravity owners to access 20,000+ Tesla Superchargers without an adapter starting January 31, 2025, alongside bi‑directional charging up to 19.2 kW (80 A).

✅ On Track | Certainty: 95%

Analysis: NACS port access date and bi-directional charging capability announced; no contrary updates.

Progress:

• Earlier evidence from 2025-01-28 confirms native NACS access for Gravity from 2025-01-31 and 19.2 kW bi-directional charging.

Commitment: September 08, 2025: Continue in‑house development and manufacturing of next‑gen proprietary EV technology to support performance and differentiation.

✅ On Track | Certainty: 90%

Analysis: Technology leadership reiterated; supported by internal architecture and charging developments.

Progress:

• A recent update from 2025-09-08 emphasizes in-house next-gen tech alongside DreamDrive 2 and 926V architecture.

Cluster: Manufacturing Footprint and Supply Chain Localization

Commitment: August 16, 2025: Expand manufacturing footprint through Arizona facility acquisitions and ongoing integration following April 2025 employment offers to former Nikola employees.

✅ On Track | Certainty: 90%

Analysis: Integration ongoing following April acquisition of Nikola facilities and offers to 300+ employees.

Progress:

• A recent update from 2025-08-16 (MD&A) notes ongoing integration and footprint expansion.
• Earlier evidence from 2025-04-11 details acquisition of >884,000 sq ft of Nikola facilities and employment offers.

Commitment: August 16, 2025: Continue constructing the AMP‑2 plant in Saudi Arabia with milestones set toward operational commencement and complete vehicle production.

✅ On Track | Certainty: 85%

Analysis: AMP-2 construction progress reiterated; milestone-based support continues.

Progress:

• A recent update from 2025-08-16 references ongoing AMP-2 construction and milestones.
• Earlier evidence from 2025-02-25/2025-04-30 confirms international manufacturing progress and support tied to milestones.

Commitment: August 16, 2025: Optimize supply chain and manufacturing plans amidst economic uncertainties through ongoing operational improvements.

✅ On Track | Certainty: 80%

Analysis: Management highlights ongoing operational optimization in MD&A; no conflicting data.

Progress:

• A recent update from 2025-08-16 MD&A discusses supply chain/manufacturing plan optimization.

Commitment: August 16, 2025: Hire additional sales, customer service, and service center personnel to support growth and service delivery.

✅ On Track | Certainty: 75%

Analysis: Stated hiring intent; specific headcount outcomes not yet reported in provided summaries.

Progress:

• A recent update from 2025-08-16 indicates plans to hire across sales and service; prior facility expansion supports capacity needs.

Commitment: August 06, 2025: Advance domestic supply chain by securing U.S. natural and synthetic graphite sourcing beginning in 2028 via Graphite One (reaffirming June 04, 2025 agreements).

✅ On Track | Certainty: 90%

Analysis: June agreements reaffirmed in August; timeline to 2028 remains.

Progress:

• Earlier evidence from 2025-06-04 details Graphite One agreement (natural graphite) and domestic sourcing strategy.
• A recent update from 2025-08-06 reiterates U.S. graphite sourcing starting 2028.

Commitment: July 23, 2025: Advance domestic mineral production, expand coordination between mining and automotive sectors, and support qualification/procurement of U.S. materials under the MINAC collaboration.

✅ On Track | Certainty: 85%

Analysis: Collaboration announced; objective-focused progress underway.

Progress:

• Earlier evidence from 2025-07-23 announces MINAC initiative to strengthen U.S. materials supply chains.

Commitment: June 04, 2025: Enter multi‑year agreements for American‑sourced natural and synthetic graphite with production expected in 2028, and collaborate with Syrah Resources for natural graphite AAM starting in 2026.

✅ On Track | Certainty: 90%

Analysis: Multi-year graphite sourcing agreements established with staggered start dates (2026 AAM; 2028 domestic).

Progress:

• Earlier evidence from 2025-06-04 details agreements with Graphite One and collaboration with Syrah Resources.

Commitment: April 11, 2025: Acquire more than 884,000 square feet of former Nikola facilities in Arizona and plan to offer employment to 300+ former Nikola employees to expand manufacturing and development capacity.

✅ On Track | Certainty: 95%

Analysis: Acquisition completed and hiring plan announced; subsequently referenced in August integration updates.

Progress:

• Earlier evidence from 2025-04-11 confirms asset acquisition and employment offers.
• A recent update from 2025-08-16 indicates ongoing integration.

Commitment: February 25, 2025: Maintain progress on establishing international manufacturing at AMP‑2 in Saudi Arabia with economic support tied to milestone completion.

✅ On Track | Certainty: 85%

Analysis: AMP-2 progress reiterated later; milestone-based incentives remain in place.

Progress:

• Earlier evidence from 2025-02-25 acknowledges AMP-2 progress with milestone-linked support.
• A recent update from 2025-08-16 confirms continued construction and milestones.

Cluster: Capital Markets and Balance Sheet Management

Commitment: August 21, 2025: Execute a 1‑for‑10 reverse stock split effective August 29, 2025, reducing outstanding shares from ~3,072.6 million to ~307.3 million and commencing split‑adjusted trading on September 2, 2025.

✅ On Track | Certainty: 85%

Analysis: Board and stockholder approvals obtained; effectiveness and split-adjusted trading dates specified. Provided evidence states “expected to be effective” (no post‑effective confirmation in sources).

Progress:

• A recent update from 2025-08-21 announces approvals and effective dates; execution expected 2025-08-29.

Commitment: August 21, 2025: Reduce authorized common shares from 15 billion to 1.5 billion concurrent with the reverse split to align with the new share count.

✅ On Track | Certainty: 85%

Analysis: Authorized share reduction approved concurrent with split; awaiting post‑effective confirmation.

Progress:

• A recent update from 2025-08-21 details the authorized share reduction alongside the split.

Commitment: August 21, 2025: Provide cash‑in‑lieu for fractional shares and appoint Equiniti Trust Company, LLC as exchange agent, with no action required by registered stockholders.

✅ On Track | Certainty: 85%

Analysis: Administrative mechanics communicated; consistent with standard practice.

Progress:

• A recent update from 2025-08-21 names Equiniti as exchange agent and cash‑in‑lieu treatment.

Commitment: July 17, 2025: Present a preliminary proxy to propose a 1‑for‑10 reverse stock split subject to stockholder approval (superseded by August 21, 2025 execution).

✅ On Track | Certainty: 95%

Analysis: Proxy proposal progressed to stockholder approval and execution planning by 2025-08-21; newer action supersedes proposal stage.

Progress:

• Earlier evidence from 2025-07-17 filed the preliminary proxy.
• A recent update from 2025-08-21 confirms approval and effective date (supersedes proposal).

Commitment: April 09, 2025: Close $1.1 billion of convertible senior notes due 2030 and commit to use proceeds for general corporate purposes while strengthening partnership with PIF.

✅ On Track | Certainty: 95%

Analysis: Offering closed; proceeds allocated per plan (including repurchase of 2026 notes).

Progress:

• Earlier evidence from 2025-04-08 confirms the $1.1B close and use of proceeds, including repurchases.

Commitment: April 03, 2025: Price convertible senior notes and allocate approximately $935.6 million to repurchase ~$1,052.5 million of 2026 notes, enter capped calls (cap price $4.80), and arrange a $430 million prepaid forward with Ayar Third Investment Company.

✅ On Track | Certainty: 95%

Analysis: Pricing and structuring executed; later close validates completion.

Progress:

• Earlier evidence from 2025-04-03 details pricing, repurchase allocation, capped calls, and Ayar prepaid forward.
• A recent update from 2025-04-08 confirms closing and execution of plan.

Commitment: April 02, 2025: Announce intent to offer $1 billion in convertible senior notes due 2030 with planned capped calls, partial 2026 note repurchases, and a prepaid forward transaction (subsequently priced and closed on April 03 and April 09, 2025).

✅ On Track | Certainty: 95%

Analysis: Intent quickly moved to pricing and close; subsequent actions supersede the initial announcement.

Progress:

• Earlier evidence from 2025-04-02 announces the intent and plan.
• A recent update from 2025-04-03/2025-04-08 confirms pricing and closing (supersedes intent).

Commitment: October 18, 2024: Complete a public offering and concurrent PIF affiliate private placement raising approximately $1.67 billion to extend financial runway into 2026.

✅ On Track | Certainty: 95%

Analysis: Offering and private placement completed; proceeds strengthen liquidity.

Progress:

• Earlier evidence from 2024-10-18 confirms approximately $1.67B raised via public offering and PIF affiliate private placement.

Cluster: Customer Access, Retail, and Shareholder Engagement

Commitment: August 16, 2025: Continue investing in the direct‑to‑consumer sales and service model by opening additional Studios and expanding the sales force.

✅ On Track | Certainty: 85%

Analysis: MD&A outlines continued DTC investment; recent studio opening supports the trajectory.

Progress:

• A recent update from 2025-08-16 states continued investment in DTC expansion.
• Earlier evidence from 2025-05-08 shows a new Studio & Service Center opening (Rutherford, NJ).

Commitment: May 08, 2025: Open a new Studio and Service Center in Rutherford, NJ, marking Lucid’s 43rd permanent North American location and 58th globally.

✅ On Track | Certainty: 99%

Analysis: Facility opened as announced; milestone locations disclosed.

Progress:

• Earlier evidence from 2025-05-08 confirms the opening and location count.

Commitment: July 02, 2025: Enable shareholders to submit and upvote questions for management on Say Technologies from July 22 to August 4, 2025 for the Q2 earnings call.

✅ On Track | Certainty: 95%

Analysis: Say platform engagement window communicated; aligned with Q2 call.

Progress:

• Earlier evidence from 2025-07-02 announces the Say Q&A window starting July 22.
• A recent update from 2025-07-02/2025-07-17 references Say integration around the Q2 call.

Commitment: April 02, 2025: Host shareholder Q&A via Say Technologies from April 22 to May 5, 2025 for the Q1 earnings call.

✅ On Track | Certainty: 95%

Analysis: Q&A window announced; aligns with Q1 call schedule.

Progress:

• Earlier evidence from 2025-04-02 details Say Q&A dates for Q1.

Commitment: January 06, 2025: Invite shareholder questions via Say Technologies from February 11 to February 23, 2025 ahead of the February 25, 2025 earnings call.

✅ On Track | Certainty: 95%

Analysis: Engagement window announced and timed to Q4/FY call.

Progress:

• Earlier evidence from 2025-01-06 sets the Say Q&A window ahead of the 2025-02-25 call.

Commitment: October 09, 2024: Expand European market reach through a SIXT partnership adding Lucid Air to the fleet in Germany and opening new Studios and service points across Europe with 100+ mobile Service Hubs in 15 markets.

✅ On Track | Certainty: 95%

Analysis: SIXT fleet partnership in Germany announced; European service expansion noted.

Progress:

• Earlier evidence from 2024-10-09 confirms SIXT partnership and service network expansion.

Commitment: October 14, 2024: Partner with Four Seasons to provide complimentary Lucid EVs, chauffeured house cars, and hotel charging stations to enhance sustainable guest experiences.

✅ On Track | Certainty: 95%

Analysis: Hospitality partnership announced with program scope and rollout plan.

Progress:

• Earlier evidence from 2024-10-14 describes the Four Seasons partnership and phased rollout.

Cluster: Leadership and Governance

Commitment: June 05, 2025: Elect Douglas Grimm to the Board of Directors, expanding the board to eight members and adding deep automotive and manufacturing expertise.

✅ On Track | Certainty: 95%

Analysis: Board election completed; expertise profile detailed.

Progress:

• Earlier evidence from 2025-06-05 confirms election and board composition.

Commitment: May 06, 2025: Strengthen the executive leadership team across marketing, manufacturing engineering, ADAS/AD, and sales/service to drive growth and efficiency.

✅ On Track | Certainty: 95%

Analysis: Multiple leadership appointments announced; roles aligned to growth priorities.

Progress:

• Earlier evidence from 2025-05-06 lists key leadership hires across functions.

Commitment: February 25, 2025: Initiate search for Lucid’s next CEO while focusing on Gravity production ramp, midsize platform launches, Atlas drive unit development, and aggressive cost reduction.

✅ On Track | Certainty: 85%

Analysis: CEO search initiated; operational focus areas reiterated in subsequent communications.

Progress:

• Earlier evidence from 2025-02-25 announces the CEO search and strategic priorities.
• A recent update from 2025-08-06 reflects ongoing execution priorities in earnings commentary.

Commitment: February 13, 2025: Promote Emad Dlala to Senior Vice President of Powertrain to advance drive units, power electronics, and battery systems.

✅ On Track | Certainty: 95%

Analysis: Promotion completed; aligns with powertrain roadmap.

Progress:

• Earlier evidence from 2025-02-13 confirms Dlala’s promotion and remit.

Commitment: January 28, 2025: Appoint Taoufiq Boussaid as Chief Financial Officer effective February 25, 2025 to align financial strategy with scaling operations and shareholder value.

✅ On Track | Certainty: 95%

Analysis: CFO appointment announced with effective date; financial leadership continuity affirmed.

Progress:

• Earlier evidence from 2025-01-28 announces appointment and effective date (2025-02-25).

Cluster: Events, Concept Showcases, and Performance Demonstrations

Commitment: August 17, 2025: Unveil a new Gravity‑based concept at Pebble Beach with up to 450 miles of range, 1,828 hp, and 0–60 mph in 3.4 seconds.

✅ On Track | Certainty: 70%

Analysis: A Gravity‑based concept (Gravity X) was publicly shown at Pebble Beach; provided sources confirm the debut but do not explicitly validate the 1,828 hp/0–60 specs. Newer data on concept unveiling supersedes earlier “will unveil” notices.

Progress:

• Earlier evidence from 2025-08-12 stated a new concept would be unveiled during Monterey Car Week.
• A recent update from 2025-08-14 confirms Gravity X concept debut at Pebble Beach on 2025-08-17; specific power/acceleration specs are not cited in available summaries.

Commitment: August 14, 2025: Offer public demonstration drives of Lucid Air and Gravity during Monterey Car Week from August 14–17, 2025.

✅ On Track | Certainty: 80%

Analysis: Demonstration drives were scheduled and announced; sources confirm the plan, though not post-event results.

Progress:

• Earlier evidence from 2025-08-12 confirms public demo drives for Air and Gravity were planned for Aug 14–17.

Commitment: August 14, 2025: Publicly debut the trail‑ready Lucid Gravity X concept at the Pebble Beach Concours d’Elegance on August 17, 2025, showcasing off‑road capability while retaining aerodynamic design.

✅ On Track | Certainty: 95%

Analysis: Gravity X concept was unveiled and publicly displayed on the Concept Lawn at Pebble Beach on Aug 17; off-road features detailed.

Progress:

• A recent update from 2025-08-14 confirms Gravity X concept unveiling and Pebble Beach public debut on 2025-08-17.

Commitment: July 08, 2025: Achieve a GUINNESS WORLD RECORDS title by driving 1,205 km on a single charge to demonstrate EV efficiency leadership.

✅ On Track | Certainty: 95%

Analysis: Record achieved and documented; reinforces efficiency leadership claims.

Progress:

• Earlier evidence from 2025-07-08 confirms the 1,205 km single-charge Guinness World Record.