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November 4, 2022

Lucid Air Pure and Lucid Air Touring to be Unveiled During November 15 Online Global Launch Event; Make Public Debut in Los Angeles the Same Week

‘In the Air and Past – A Lucid Start Event’ to spotlight new styles that spherical out the entire Air lineup, most recent developments for Air Sapphire, and Lucid’s reimagining of the luxury SUV section

Lucid Air Pure and Air Touring to debut in an online world wide start occasion on Tuesday, November 15, together with announcements about the Lucid business enterprise and foreseeable future styles, such as updates on Lucid’s subsequent power of character, the Challenge Gravity SUV
The total Air lineup will be dwell in community for the to start with time, with Lucid Air Pure and Air Touring showing up alongside Air Grand Touring, Grand Touring Functionality, and the extremely-superior-general performance Air Sapphire at the Lucid Studio Beverly Hills
Lucid to sponsor CDN’s LA Style and design Evening on Thursday, November 17, throughout Automobility LA, exhibiting the recently unveiled Lucid Air Pure together with Air Sapphire, the world’s most strong sedan

NEWARK, Calif., Nov. 3, 2022 /PRNewswire/ — Lucid Group, Inc. (NASDAQ: LCID), location new standards with the longest-array, speediest-charging electric powered car or truck on the industry with the award-successful Lucid Air, now announced that Lucid Air Pure and Air Touring will be unveiled throughout an on the internet global launch function entitled In the Air and Beyond – A Lucid Launch Event, having area on Tuesday, November 15 at 10:00am PST/1:00pm EST, ahead of the 1st Air Touring shipping and delivery taking place that exact night at the company’s Beverly Hills Studio. In addition, the on-line party will also feature enjoyable bulletins about the Lucid enterprise and long run products, including the Project Gravity SUV that reimagines the luxurious SUV with the exact same in-home created technology that underpins the groundbreaking Lucid Air sedan.

In the Air and Beyond – A Lucid Launch Event — In the Air and Outside of – A Lucid Launch Celebration

Lucid Air Pure and Air Touring will make their general public debut the exact same week at the firm’s Beverly Hills Studio and at CDN Designer Night time, getting their spot in the Air lineup along with Lucid Air Grand Touring, the 1050-hp Air Grand Touring Overall performance, and the recently debuted extremely-substantial-efficiency Air Sapphire, the world’s most effective sedan. Buyers and lovers can sign-up to be a part of the debut at dreamahead.com.

Lucid Air Pure

Air Pure, the elemental Lucid Air, has a starting cost of $87,400 and is distinguished by its metal roof and Mojave PurLux inside. Air Pure will in the beginning launch with a twin-motor, all-wheel-drive configuration, with whole specs which include EPA-estimated range and more facts on the product to be shared on November 15.

Lucid Air Touring

Lucid Air Touring, with an MSRP of $107,400, is the quintessential Air, showcasing a fantastic equilibrium of general performance, luxury, design and style, and area. As these, it can be optioned with the exceptional Glass Canopy – a single piece of glass that reaches from the base of the windshield to around the heads of the entrance passengers for an unobstructed look at, as very well as DreamDrive Pro, Lucid’s advanced driver support method. Full specs and further information for Lucid Air Touring will also be shared on November 15.

Lucid Things to do In the course of LA Auto Show 7 days

In addition to the on the web debut occasion for Lucid Air Pure and Air Touring, Lucid will be existing at a number of functions in and all over Los Angeles to rejoice the entire Air lineup.

During the 7 days of November 15, all five trim levels – from Air Pure to Air Sapphire – will be on show for media, consumers, and admirers at the Lucid Studio Beverly Hills. Lucid will also rejoice the international premiere at the Beverly Hills Studio the night of Tuesday, November 15, with a celebration occasion for decide on media, customers, and VIPs.
Derek Jenkins, Senior Vice President of Style and design and Brand, will be showcased at CDN Forum LA taking location through Automobility at the Los Angeles Automobile Clearly show on Thursday, November 17. Lucid is also a sponsor of CDN’s LA Design Evening that evening at the Los Angeles Convention Heart. Equally the recently unveiled Lucid Air Pure and Air Sapphire, the world’s most impressive sedan, will be on display.
Peter Rawlinson, CEO and CTO, will produce the opening keynote at the Automotive Information Entire world Congress on Friday, November 18, speaking about why efficiency is the new vital for electric powered motor vehicles and how it has been central to all facets of the advancement of just about every Lucid auto.

About Lucid Group
Lucid’s mission is to inspire the adoption of sustainable power by generating advanced systems and the most fascinating luxurious electric motor vehicles centered about the human working experience. The firm’s initially car, Lucid Air, is a point out-of-the-art luxury sedan with a California-motivated style and design that attributes magnificent full-size interior space in a mid-size exterior footprint. Lucid Air Grand Touring attributes an official EPA-approximated 516 miles of array or 1,050 horsepower. Deliveries of Lucid Air, which is developed at Lucid’s manufacturing facility in Casa Grande, Arizona, are now underway to U.S. and Canadian prospects.

Media Contacts
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Logos

This interaction is made up of trademarks, provider marks, trade names and copyrights of Lucid Team, Inc. and its subsidiaries and other companies, which are the assets of their respective owners.

Ahead-Hunting Statements

This communication contains “ahead-hunting statements” in just the that means of the “protected harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Ahead-on the lookout statements may perhaps be recognized by the use of words and phrases this kind of as “estimate,” “prepare,” “job,” “forecast,” “intend,” “will,” “shall,” “be expecting,” “foresee,” “consider,” “look for,” “concentrate on,” “go on,” “could,” “may,” “may possibly,” “doable,” “likely,” “forecast” or other comparable expressions that forecast or show long term events or traits or that are not statements of historic issues. These ahead-searching statements incorporate, but are not constrained to, statements pertaining to strategies and anticipations with regard to Lucid Air Pure and Air Touring, such as selling price, timing of delivery and specs, Lucid’s functions during LA Vehicle Clearly show 7 days, and the promise of Lucid’s technological innovation. These statements are based on various assumptions, no matter whether or not discovered in this interaction, and on the existing anticipations of Lucid’s management. These forward-searching statements are not meant to serve as, and will have to not be relied on by any trader as, a ensure, an assurance, or a definitive assertion of actuality or chance. Real situations and situations are complicated or unattainable to forecast and may perhaps differ from these forward-wanting statements. Many real occasions and instances are past the manage of Lucid. These ahead-on the lookout statements are subject to a selection of pitfalls and uncertainties, which include individuals elements mentioned underneath the heading “Possibility Things” in Portion II, Product 1A of Lucid’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2022, as well as other files Lucid has filed or will file with the Securities and Trade Commission. If any of these dangers materialize or Lucid’s assumptions establish incorrect, precise outcomes could vary materially from the outcomes implied by these forward-hunting statements. There may possibly be extra pitfalls that Lucid at present does not know or that Lucid now thinks are immaterial that could also trigger actual outcomes to differ from all those contained in the forward-hunting statements. In addition, ahead-seeking statements mirror Lucid’s anticipations, options or forecasts of foreseeable future situations and views as of the date of this interaction. Lucid anticipates that subsequent functions and developments will induce Lucid’s assessments to alter. Even so, whilst Lucid could elect to update these ahead-on the lookout statements at some level in the upcoming, Lucid exclusively disclaims any obligation to do so. These forward-seeking statements should really not be relied upon as symbolizing Lucid’s assessments as of any day subsequent to the day of this conversation. Appropriately, undue reliance ought to not be placed upon the forward-on the lookout statements.

Source Lucid Team

June 13, 2022

McDonald’s replacement restaurants are unveiled in Russia

CNN
—

The golden arches and Big Mac may have gone, but Russians saw 15 McDonald’s restaurants reopen on Sunday under new branding and ownership, according to its owner Alexander Nikolaevich Govor.

The American fast-food giant has been renamed “Vkusno & Tochka,” which translates to “Tasty and that’s it.”

The company, which has Oleg Paroev serving as director general, plans to open 200 branches by the end of June and all branches by the end of the summer, according to a press release.

“If you recall, in May, McDonald’s announced they were removing their businesses from Russia. I am very proud that they chose me to continue developing this business. That means the company views me as someone who fully shares all the principles of business and values of McDonald’s,” Govor said at a press conference.

“I won’t hide the fact that I am an ambitious man, and so I am not just going to simply open up all 850 restaurants but I am going to develop new ones as well,” he said.

According to a press release, 62,000 former McDonald’s employees were also retained.

A McDonald's restaurant is shown closed following the military invasion of Ukraine on April 14, 2022 in Belaya Dacha, outside of Moscow.

The rebranding coincided with Russia Day, a holiday marking the country’s independence. It took place at the same location in Moscow’s Pushkinskaya Square, where McDonald’s opened its first Russian restaurant on January 31, 1990.

On the first day, 30,000 people were served – a McDonald’s record for an opening day, the CBC reported at the time. The location even had to stay open for hours later than planned because of the crowds.

About 630 employees were chosen out of 27,000 applicants, according to a 1990 Washington Post article.

“Approximately 32 years ago…there were a lot of people on Pushkinskaya Square, when the first McDonald’s franchise opened here in Russia. It caused quite the craze. I think the craze will be just as big with this new chain of restaurants, with a new owner, a real entrepreneur,” Alexei Alexeevich, the Head of the Department of Commerce of Moscow, said during a press conference on Sunday.

An employee cleans a self-ordering machine at the Russian version of a former McDonald's restaurant before the opening ceremony, in Moscow.

McDonald’s subsequently expanded its reach within the country and as of early March, there were about 850 locations operating in Russia.

However, the chain decided to leave the country and sell its Russia business, in line with many other Western businesses following Russia’s invasion of Ukraine, which began in February.

McDonald’s accepted a charge of almost $1.4 billion after the sale to Govor, Reuters reported. Paroev has said other franchises could work under the new brand, but the traditional McDonald’s brand will leave the country.

Russia’s anti-monopoly service said the chain could elect to buy its restaurants in Russia back within 15 years, although many terms of the sale to Govor are still unclear, Reuters also reported.

An employee prepares fries in the Russian version of a former McDonald's restaurant.

“If the opening of McDonald’s in 1990 symbolized the beginning of a new era in Soviet life, one with greater freedoms, then the company’s current exit represents not just a closing down of business, but of society as a whole,” Darra Goldstein, Willcox B. and Harriet M. Adsit professor of Russian, emerita, at Williams College, noted at the time.

The company’s new logo shared with CNN has “the main symbols of the restaurant” depicted on it — what is supposed to be two sticks of yellow fries and an orange burger. The green background, the press office told CNN, symbolizes “the quality of products and service that guests are accustomed to.”

Consumers flocked outside what used to be McDonald’s flagship store in central Moscow on Sunday, Reuters reported.

Although “Vkusno & Tochka” does not offer some of the most recognizable items on the McDonald’s menu – including a Big Mac – customers could still purchase a double cheeseburger for 129 roubles (about $2.30), compared with roughly 160 under McDonald’s, and a fish burger for 169 roubles, instead of about 190 rubles previously.

Despite the some of the menu changes, the composition of the burgers and the McDonald’s equipment remains the same, said Alexander Merkulov, quality manager at the new company.

An employee gives a customer his food order at a Vkusno & Tochka restaurant in Moscow, after the opening ceremony.

CNN’s Fred Pleitgen was at the opening and spoke to Sergey Vlasov, a 19-year-old patron who was donning a “Z” hat – a reference to a symbol used by Russian troops amid the war in Ukraine.

Vlasov told CNN he didn’t think it was a contradiction to be showing his support for Russian forces in Ukraine, while eating American-style fast food.

“Food and politics have nothing in common,” he said.

Vlasov said he believes McDonald’s withdrawal from Russia is “an economic measure holding us back.”

“I see it as clear as day and I know what has to be done and I don’t mind it, I know it is just how this has to be because the rest of the world sees us as aggressors which we are, we invaded a sovereign state by law,” he added. “But also by law we protected a nation who is fighting for their own sovereignty, so there is a lot of issues right now…I am just here to enjoy some good old McDonald’s, man.”

Sergey Vlasov tucks into a double cheeseburger and fries at the Russian replacement for McDonald's in Moscow.

Artem Kirienko, another customer, told CNN that his double cheeseburger from Vkusno & Tochka was “almost the same” as the ones served in McDonald’s.

“That’s not what I was expecting,” he said, adding that he plans on coming to the restaurant at least once a week.

When asked if he thinks the rebranded chain will satisfy Russian customers, he said: “It’s ok … for these challenging times.”

Kirienko’s wife, Yekatarina, said that even though she’s not a fan of McDonald’s, she was keen to try a hamburger from Vkusno & Tochka because of the novelty surrounding the rebranded chain.

“It is nice to have it, just to go and eat sometimes,” Yekatarina told CNN.

However, she said she’s skeptical of whether or not the new restaurant will live up to the expectations of its customers.

“I think we should take a look how it would be, how it will work, will people like it or not, I think it is not a good idea because Mcdonald’s is a history, it’s a brand,” she said.

An earlier version of this story incorrectly stated how many McDonald’s restaurants reopened on Sunday. It was 15.

January 7, 2022

Sony Vision-S 02 EV unveiled at CES 2022

At CES 2022, Sony has unveiled its next EV, the Eyesight-S 02 and this a person is a 7-seat SUV that is aimed at the Tesla Product X.

Primarily based on the exact same system as the Eyesight-S 01, the Eyesight-S 02 sports an SUV human body fashion and a 7-seat layout.

HIGHLIGHTS

The Sony Vision-S 02 is the tech firm’s 2nd all-electric prototype.
Sony is wanting to enter the EV current market by Spring 2022 beneath the “Sony Mobility Inc.” banner.
This is Sony’s 2nd all-electric powered prototype right after the Eyesight-S 01 electric sedan.

Japanese tech huge Sony has exposed the Vision-S 02 electric powered SUV at the CES 2022 and also announced that a devoted mobility organization will be set up to consider forward Sony’s electrical vehicle improvement programs. The Vision-S 02 is an SUV-system kind that succeeds the Eyesight-S saloon prototype that we have viewed for some time now. Sony Mobility Inc. is the title that will be liable for the advancement and promoting of impending Sony automobiles.

Sony Vision-S 02 electric powered SUV prototype.

Eyesight-S 02 is a large motor vehicle with 7 seats and a minimalistic design language. Adhering to in its predecessor’s layout, the front has a elevated lip with a black grille which is flanked by air-scoops that feed air to the wheels. The headlamps are leaf-formed and split in the center by the comprehensive-width LED DRL strip that sorts the Sony Mobility symbol in the center there are no aspect mirrors, just Sony’s CMOS sensors to assistance you navigate the roadways. It has a peaceful SUV stance, with a curved sloping roof that finishes in fastback type. The auto is 4.9m extended and sits on 20-inch alloys.

A seven seat format and a dashboard total of screens outline the Sony Eyesight-S 02’s cabin.

Sony’s experience in screens will come in handy, as they have fitted the dash with not a few but three shows aspect by side embedded within a single slab, far more screens can be discovered on the seats for the rear travellers. The centre console features a display screen to obtain several features as effectively, the rest of the cabin is clean up and minimalistic. Sony has also made use of its prowess in audio systems and embedded speakers inside of the seats to give a 3D-Encompass practical experience.

In conditions of capabilities the Sony Eyesight-S 02 packs a very long record, some highlights incorporate a 5G enabled method, 40-sensor supported Stage 2+ ADAS, movie-match streaming on the move working with Playstation, and a large host of security attributes aided by the sensors. Cameras, LiDAR, radar and ultrasonic sensors have been made use of to make the ‘Safety-Cocoon’ that enables the vehicle to park alone and push itself, on top of that, in-cabin cameras retain an eye on the occupants and regulate local climate management as effectively as futuristic lip-reading tech that will allow exact verbal instructions.

The firm is hoping to begin revenue of the Sony Vision-S 02 (still left) and Eyesight-S 01 (correct) by Spring 2022.

Vision-S 02’s all-wheel generate method is driven by a dual-electric motor set up at the front and again. The motors are rated at 268hp and can carry this 2.5-ton car to beyond 180kmph, the -100 time has not been declared, but it ought to be in the vicinity of the Vision-S 01’s 4.8 2nd time. The auto sits on double wishbone suspension each entrance and rear.

Sony has also introduced its ideas to set up Sony Mobility Inc. by mid-2022 to examine its foray into the EV marketplace. Sony CEO Kenishiro Yoshida claims that he thinks Sony is “nicely-positioned” to redefine mobility with the Vision-S spouse and children of autos.

https://www.youtube.com/check out?v=BighwfDxbAA

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