Lucid Announces Munsterhuis Autobedrijven as First Retail Partner in the Netherlands

The partnership expands Lucid's footprint, complementing the existing Lucid Studio and Service Center in Hilversum and broadening customer access across the country. Munsterhuis is one of the Netherlands' most established automotive groups, serving customers for more than six decades through a comprehensive portfolio of vehicle sales, servicing, leasing, and insurance.

AMSTERDAM , Aug. 20, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID ), maker of the world's most advanced software-defined vehicles and technologies, today announced Munsterhuis Autobedrijven (Munsterhuis) as its first retail partner in the Netherlands.

Lucid and Munsterhuis Autobedrijven partner to expand Lucid's footprint and expand customer access in the Netherlands.

The partnership combines Lucid's award-winning electric vehicles with Munsterhuis' automotive retail and customer service expertise to make the Lucid Air 1 sedan and the Lucid Gravity 2 SUV even more accessible for Dutch customers.

Munsterhuis will operate a dedicated Lucid sales location in Hengelo, complemented by authorized Lucid aftersales and service operations at the same site. Together, Lucid and Munsterhuis will offer award-winning vehicles, personalized customer support, and comprehensive service coverage across the market.

Munsterhuis is one of the Netherlands' most established automotive groups, serving customers for more than six decades through a comprehensive portfolio of vehicle sales, servicing, leasing, and insurance. The family-owned company has built a strong reputation for customer care and operational excellence across the Twente region and beyond.

This partnership continues Lucid's hybrid retail strategy in Europe, building on the announcement earlier this year with German retailer Wackenhut.

For more details about Lucid Motors and its products, visit the official Lucid website: https://lucidmotors.com/

For more details about Munsterhuis, visit the official website: munsterhuis.nl

About Lucid Group: Lucid Group, Inc. (NASDAQ: LCID ) is a technology company creating exceptional mobility experiences through innovation to drive the world forward. Built on Lucid's proprietary technology and software defined vehicle architectures, the company's lineup of award-winning vehicles brings Lucid's "Compromise Nothing™" approach to premium segments of the global automotive market. Lucid designs and engineers its products in-house and manufactures at its vertically integrated facilities in Arizona and Saudi Arabia, enabling continuous innovation across vehicles, software, and advanced driver assistance and autonomy-ready capabilities.

About Munsterhuis Autobedrijven: Munsterhuis Autobedrijven is a leading Dutch automotive group with more than 60 years of experience in vehicle sales and mobility services. Serving both private and business customers, the company offers a comprehensive range of automotive solutions, including vehicle sales, maintenance, leasing, rental, insurance, and repair services. As a family-owned business with multiple locations in the Netherlands, Munsterhuis is recognized for its custom...