Lucid, officially known as Lucid Group, is a prominent player in the automotive industry, headquartered in Great Britain. Founded in 2007, the company has rapidly evolved, focusing on electric vehicle (EV) technology and sustainable transportation solutions. With a strong presence in Europe and North America, Lucid has established itself as a leader in the luxury electric vehicle market. The company’s flagship product, the Lucid Air, is renowned for its exceptional range, innovative design, and advanced technology, setting new standards in the EV sector. Lucid's commitment to sustainability and performance has garnered significant attention, positioning it as a formidable competitor against established automotive giants. With numerous accolades and a growing customer base, Lucid continues to drive the future of electric mobility.
How does Lucid's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Lucid's score of 6 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lucid Group Communications Ltd, headquartered in the United Kingdom, has not publicly disclosed specific carbon emissions data for the most recent year. However, the company has set ambitious climate commitments aimed at significantly reducing its greenhouse gas emissions. Lucid has committed to a 46% reduction in Scope 1 and Scope 2 emissions by 2030, using 2019 as the baseline year. This target aligns with the science-based targets necessary to limit global warming to 1.5°C. Additionally, Lucid plans to measure and reduce its Scope 3 emissions, demonstrating a comprehensive approach to tackling its overall carbon footprint. These initiatives reflect Lucid's commitment to sustainability and responsible environmental stewardship within the pharmaceuticals, biotechnology, and life sciences sector.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lucid is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.