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Lucid Announces Integration Of Its Proprietary DreamDrive Pro Advanced Driver-Assistance System With NVIDIA DRIVE Hyperion Software-Defined Platform

Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, announced today that its DreamDrive Pro advanced driver-assistance system (ADAS) will add new features in the future, building on NVIDIA DRIVE Hyperion technology – a powerful software-defined platform already integrated in every Lucid Air on the road today.

Lucid’s proprietary DreamDrive Pro is designed to grow in capability over time, blending sophisticated hardware – a comprehensive 32-sensor suite, lightning-speed gigabit ethernet networking, and a novel dual-rail power system – and regular over-the-air (OTA) software updates with an in-house software stack built on NVIDIA DRIVE.

“The seamless integration of NVIDIA’s software-defined compute architecture and DRIVE OS provides a powerful basis for Lucid to further enhance what DreamDrive can do in the future – all of which can be delivered to vehicles over the air,” said Michael Bell, Senior Vice President of Digital, Lucid. “This can benefit every facet of the DreamDrive Pro experience.”

“Lucid and NVIDIA are working closely to create highly programmable, intelligent vehicles,” said Rishi Dhall, Vice President of Automotive, NVIDIA. “By developing on NVIDIA DRIVE, Lucid can deliver safe electric vehicles that are future-ready, with a customer experience that continues to get better and more capable with each software update.”

Lucid DreamDrive Pro
DreamDrive Pro has a rich 32-sensor suite consisting of 14 cameras, 1 lidar, 5 radar, and 12 ultrasonic units. Lucid’s innovative dual-rail power system and proprietary Ethernet Ring offer an especially high degree of redundancy for key systems, such as braking, steering, and sensors. Lucid’s DreamDrive Pro ADAS, detailed last year, is standard in Lucid Air Dream Edition and Lucid Air Grand Touring and is optional in other Lucid Air models.

About Lucid Group
Lucid’s mission is to inspire the adoption of sustainable energy by creating advanced technologies and the most captivating luxury electric vehicles centered around the human experience. The company’s first car, Lucid Air, is a state-of-the-art luxury sedan with a California-inspired design that features luxurious full-size interior space in a mid-size exterior footprint. Underpinned by race-proven battery technology and proprietary powertrains developed entirely in-house, Lucid Air was named the 2022 MotorTrend Car of the Year®. The Lucid Air Dream Edition features an official EPA estimated 520 miles of range or 1,111 horsepower. Customer deliveries of Lucid Air, which is produced at Lucid’s new factory in Casa Grande, Arizona, are underway.

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Trademarks
This communication contains trademarks, service marks, trade names and copyrights of Lucid Group, Inc. and its subsidiaries (the “Company”) and other companies, which are the property of their respective owners.

Forward-Looking Statements
This communication includes “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 may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict” or other similar expressions that predict or indicate future events or trends or that are not statements of historical facts. These forward-looking statements include, but are not limited to, statements regarding the Company’s expectations related to the customer ownership experience, planned locations of Studio and service centers, production and deliveries of the Lucid Air and Lucid Gravity, the performance, range, and other features of the Lucid Air, construction and expansion of the Company’s AMP-1 manufacturing facility, the promise of the Company’s technology, and the Company’s ability to develop, maintain, and improve critical processes and infrastructure. These statements are based on various assumptions, and actual events and circumstances may differ. Forward-looking statements are subject to a number of risks and uncertainties, including factors discussed in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 under the heading “Risk Factors,” as well as other documents of the Company that are filed, or will be filed, with the Securities and Exchange Commission. If any of these risks materialize or the Company’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that the Company does not presently know or that the Company currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect the Company’s expectations, plans or forecasts of future events and views as of the date of this communication. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s assessments as of any date subsequent to the date of this communication.



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