AlixPartners Statement Regarding Lucid Motors
NEW YORK (July 16, 2026) – AlixPartners’ leading global automotive practice works closely with many of the world's leading OEMs and their value chains. We are widely recognized as experts in the sector.
As stated in Lucid Group, Inc. (“Lucid’s”) 8-K filing dated July 14, 2026 (the “8-K Filing”), AlixPartners' engagement for Lucid is focused on “improving execution, strengthening operations, and positioning the Company to realize the full potential of its technology, products, and innovation.”
AlixPartners has not provided, and has not been asked to provide, any advice to Lucid with respect to either a bankruptcy filing or a take-private transaction. Consistent with Lucid’s statement in the 8-K Filing, AlixPartners undertakes no duty to provide any updates on this matter.
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