Lucid will open its first three retail and service locations in the first quarter of 2027.Lucid plans to expand its French network to more than 16 partner locations by the end of 2027.Customers will be able to experience and order Lucid Gravity1 and Lucid Air2 at each location; reservations with priority for future ordering are now available on Lucid’s French website.

PARIS, Oct. 12, 2026 /PRNewswire/ — Lucid Group, Inc. (NASDAQ: LCID), maker of the world’s most advanced software-defined vehicles and technologies, today announced that its first French retail and service locations will open in the first quarter of 2027. Those three partner locations are in late-stage planning and mark an important step in Lucid’s entry into France. They are the beginning of a planned network of more than 16 partner locations by the end of 2027.

The network will provide a strong foundation for growth in France while delivering the high-quality sales, service, and ownership experience Lucid customers expect. The three first locations will provide sales and service support and offer customers the opportunity to experience Lucid Gravity1, the 2026 World Luxury Car of the Year, and Lucid Air2.

Lucid Gravity combines the space and versatility of a premium SUV with Lucid’s signature performance, technology, and efficiency, offering up to 739 kilometers of WLTP range, seating for up to seven adults, and ultra-fast charging.

Lucid Air sets benchmarks for electric vehicle efficiency, range, and performance, with up to 960 kilometers of WLTP range and up to 1,251 PS in a highly aerodynamic design.

“France is an important market for Lucid,” said Lawrence Hamilton, President of Europe at Lucid. “With Emil Frey France, we are establishing a customer-focused presence that will deliver the sales, service, and ownership experience our vehicles and customers deserve.”

“We are proud to support Lucid’s entry into the French market,” said Pierre Guignot, General Manager of the Emil Frey France Import Division. “Lucid’s innovative products and technology set new standards in electric mobility. By combining Lucid’s exceptional vehicles with Emil Frey France’s partner network expertise, we are committed to delivering a seamless ownership experience and providing customers across France with the highest level of support throughout their journey.”

Orders for Lucid vehicles in France are expected to open in the first quarter of 2027. Customers can reserve now to receive priority when ordering opens through Lucid’s French website: https://lucidmotors.com/fr-fr 

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

High-resolution images of the Lucid Gravity and Lucid Air are available here:
https://f.io/RPq0PQlW 

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.

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,” “shall,” “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 matters. These forward-looking statements include, but are not limited to, Lucid’s planned entry and expansion in France, including the expected opening of its retail and service locations and the opening of vehicle orders, the plan on expansion of French network, and the anticipated customer experience and results of expansion, and Lucid’s strategy. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of Lucid’s management. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond the control of Lucid. These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed under the cautionary language and the Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2025, subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, and other documents Lucid has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or Lucid’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lucid currently does not know or that Lucid 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 Lucid’s expectations, plans or forecasts of future events and views as of the date of this communication. Lucid anticipates that subsequent events and developments will cause Lucid’s assessments to change. However, while Lucid may elect to update these forward-looking statements at some point in the future, Lucid specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Lucid’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Media Contact
Sebastian Michel
Manager PR & Communications Europe at Lucid
preurope@lucidmotors.com

Camilla Jokisch
Lead PR & Communications Europe at Lucid
preurope@lucidmotors.com

Trademarks

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

1 Lucid Gravity 418 – 617 kW (568 – 839 ch), 536 – 739 km d’autonomie combinée (WLTP), 0 g CO₂/km, 19,1 à 18,2 kWh/100 km.
La consommation de carburant et les émissions de CO₂, d’un véhicule sont fonction non seulement de son rendement énergétique, mais également du comportement au volant et d’autres facteurs non techniques.
Les informations sur les consommations de carburant et les émissions de CO₂, de tous les modèles de voitures particulières neuves, contenues dans le guide de l’ADEME, peuvent être obtenues gratuitement dans tous les points de vente, auprès de l’ADEME et consultées sur le site internet : www.ademe.fr

2 Lucid Air 325 – 920 kW (442 – 1.251 ch), 694 – 960 km d’autonomie combinée (WLTP), 0 g CO₂/km, 19,1 à 11,8 kWh/100 km.
La consommation de carburant et les émissions de CO₂, d’un véhicule sont fonction non seulement de son rendement énergétique, mais également du comportement au volant et d’autres facteurs non techniques.
Les informations sur les consommations de carburant et les émissions de CO₂, de tous les modèles de voitures particulières neuves, contenues dans le guide de l’ADEME, peuvent être obtenues gratuitement dans tous les points de vente, auprès de l’ADEME et consultées sur le site internet : www.ademe.fr

Pour les trajets courts, privilégiez la marche ou le vélo.
Au quotidien, prenez les transports en commun.
Pensez à covoiturer.
#SeDéplacerMoinsPolluer

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BATON ROUGE, La., Oct. 12, 2026 /PRNewswire/ — Jones Walker LLP announced that Ted Jones has been appointed as head of the firm’s Baton Rouge office, effective September 1, 2026.

Ted is a partner in the Corporate Practice Group and joined the firm as special counsel in 2012. He was promoted to partner in 2017. In his new role as head of the office, Ted will oversee the management of and strategic expansion efforts for the firm’s office located in downtown Baton Rouge.

“We are thrilled to have Ted take on this important role leading our Baton Rouge office and helping shape its continued growth and impact in the market,” said managing partner Bill Hines. “He has long been a trusted voice within our firm and a respected presence in the Greater Baton Rouge business and legal communities.”

Ted is a skilled corporate attorney who advises public and private companies, private equity and venture capital funds, investment banks and underwriters, and individual and other institutional investors in connection with securities offerings, other financing transactions, mergers and acquisitions, joint ventures, restructurings and recapitalizations, corporate governance, and public finance matters. He also advises private fund managers, investment bankers and other investment advisors, and broker-dealers with respect to compliance under federal and state securities laws and regulations.

Prior to joining Jones Walker, Ted was an investment banker with the Baton Rouge office of Stephens Inc. and practiced corporate and securities law in Silicon Valley.

Ted replaces Brandon Black, a partner in the Litigation Practice Group, who joined the firm in 2005 and has served as office head since 2016. Brandon is joining Cajun Industries as Chief Legal Officer beginning January 2027.

Brandon and Ted will collaborate on this leadership transition through the end of the year.

About Jones Walker
Jones Walker LLP (joneswalker.com) is among the largest 140 law firms in the United States. With offices in Alabama, Arizona, the District of Columbia, Florida, Georgia, Illinois, Kentucky, Louisiana, Mississippi, New York, and Texas, we serve local, regional, national, and international business interests. The firm is committed to providing a comprehensive range of legal services to major multinational public and private corporations, Fortune® 500 companies, money center banks, worldwide insurers, and emerging companies doing business in the United States and abroad.

Contact:
Ryan Evans
504.582.8209
revans@joneswalker.com

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SOURCE Jones Walker LLP

PUNE, India, Oct. 12, 2026 /PRNewswire/ — The “High-Density Racks (>100 kW) Market – Growth, Share, Opportunities & Competitive Analysis, 2025–2034” report has been added to the Credence Research Inc. offering.

The global High-Density Racks (>100 kW) Market was valued at USD 37.2 billion in 2025 and is projected to reach USD 52.5 billion by 2034, registering a CAGR of 3.5% during the forecast period. Demand is being reshaped by AI training and inference, accelerated computing and high-performance computing workloads that require substantially more rack-level power and cooling than conventional enterprise infrastructure. Direct-to-chip liquid cooling, rear-door heat exchangers, immersion-ready enclosures and higher-capacity power distribution are becoming core design considerations for new AI and HPC deployments.

Key Takeaways

The High-Density Racks (>100 kW) Market is projected to grow from USD 37.2 billion in 2025 to USD 52.5 billion by 2034 at a CAGR of 3.5%.North America leads with 36% share, followed by Asia Pacific at 30% and Europe at 22%.The 100–200 kW per rack segment currently represents the broadest deployment range, while above-200 kW systems are gaining importance for advanced AI and HPC clusters.Direct-to-chip liquid cooling and immersion-ready rack designs are gaining adoption as air cooling becomes insufficient for the highest-density accelerator platforms.Hyperscalers and cloud providers remain the largest end-user group, while colocation, enterprise AI and sovereign-compute programs broaden demand.OCP Open Rack v3, EIA-310 19-inch formats and custom architectures are all relevant as operators balance interoperability with workload-specific design.

Scope & Segmentation – High-Density Racks (>100 kW) Market

The report analyzes high-density rack infrastructure above 100 kW per rack across power density, cooling integration, rack standard, end-user group and geography. It focuses on infrastructure used for AI, HPC, cloud and other accelerated-compute environments.

The study evaluates how power delivery, liquid cooling, rack form factor, modular deployment and workload density shape procurement decisions for hyperscalers, colocation providers, enterprises and sovereign-compute programs.

The High-Density Racks (>100 kW) Market is segmented as follows.

By Power Density, the market includes 100–200 kW per Rack and More Than 200 kW per Rack.By Cooling Integration, the market includes Direct-to-Chip Liquid Cooling Manifold Racks, Rear-Door Heat Exchanger Racks, Immersion-Ready Rack Enclosures and Enhanced-Airflow/Air-Cooled Racks.By Rack Standard, the market includes OCP Open Rack v3, EIA-310 Standard 19-Inch and Proprietary/Custom Form Factors.By End User, the market includes Hyperscalers & Cloud Providers, Colocation Operators, Enterprises/On-Premises AI & HPC and Government, Research & Sovereign AI.By Geography, the market includes North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Access crucial information at unmatched prices!

Request your sample report today and start making informed decisions powered by Credence Research Inc. https://www.credenceresearch.com/report/high-density-racks-100-kw-market

Why This Report Matters

The report provides a detailed view of the infrastructure layer enabling high-density AI and HPC deployment as rack power moves beyond traditional air-cooled limits.It helps data center operators evaluate cooling integration, rack standards and end-user requirements while assessing how ultra-dense infrastructure changes facility design.Regional analysis highlights North America’s hyperscale lead and Asia Pacific’s rapid data center buildout while tracking European sovereign and efficiency requirements.For rack manufacturers, cooling vendors, server OEMs, data center operators and investors, the report supports capacity planning, product strategy and ecosystem partnership decisions.

Market Overview

Industry Landscape and Value Chain AssessmentSupply-Side EvaluationDemand-Side EvaluationStakeholder MappingPorter’s Five Forces ReviewPESTLE Environment AssessmentMarket Forecast and Future DirectionShort-Term Forecast, 0–2 YearsMid-Term Forecast, 3–5 YearsLong-Term Forecast, 5–10 YearsMarket Entry and Expansion Strategy

Market Insights

AI and HPC Workload AnalysisRack Power Density BenchmarkingLiquid Cooling Integration ReviewRack Standard AssessmentHyperscale and Colocation Demand AnalysisPower and Thermal Constraint EvaluationSovereign AI Opportunity AssessmentRegional Capacity Expansion ReviewInvestment Return and Deployment Economics

Key Attributes

Segmentation

By Power Density

100–200 kW per RackMore Than 200 kW per Rack

By Cooling Integration

Direct-to-Chip Liquid Cooling Manifold RacksRear-Door Heat Exchanger RacksImmersion-Ready Rack EnclosuresEnhanced-Airflow/Air-Cooled Racks

By Rack Standard

OCP Open Rack v3EIA-310 Standard 19-InchProprietary/Custom Form Factors

By End User

Hyperscalers & Cloud ProvidersColocation OperatorsEnterprises/On-Premises AI & HPCGovernment, Research & Sovereign AI

By Geography

North AmericaEuropeAsia PacificLatin AmericaMiddle East & Africa

Market Growth Driven by AI Accelerator Density and Rack-Scale Computing

AI training, inference and HPC clusters are pushing rack power requirements well above conventional enterprise levels. Operators are redesigning power distribution, cooling loops and white-space layouts around dense GPU and accelerator deployments.

The 100–200 kW range is increasingly practical for commercial AI infrastructure, while above-200 kW designs are emerging for next-generation rack-scale systems. This transition increases demand for integrated rack, manifold, CDU and power architectures.

Regional Growth Reflects Hyperscale and Sovereign Compute Investment

North America leads with 36% share because of hyperscale concentration, cloud investment and large AI infrastructure programs. Asia Pacific follows at 30%, supported by data center construction and sovereign-compute investment across China, Japan, South Korea and India.

Europe holds 22%, with demand shaped by HPC, sovereign AI, energy efficiency and regulated digital infrastructure. Latin America and Middle East & Africa remain smaller but benefit from cloud expansion and new data center projects.

Market Challenges Include Power Availability and Cooling Integration Complexity

The largest constraint is no longer rack space alone but the ability of facilities to supply and reject the heat associated with extreme compute density. Grid constraints, transformer capacity and cooling-water availability can delay deployments even when IT equipment is available.

Liquid cooling also introduces new operational requirements around coolant quality, manifolds, CDUs, leak detection and service procedures. Operators must coordinate rack architecture with facility systems and server warranties, increasing integration complexity.

Future Outlook

High-density deployments will increasingly be sold as integrated infrastructure ecosystems rather than standalone racks. Factory-integrated modules, liquid cooling, monitoring and power systems can reduce commissioning risk and shorten deployment timelines.

As AI platforms move toward higher rack-scale power, vendors that can support 100 kW-plus systems with validated thermal designs, service networks and interoperability will gain strategic importance.

Competitive Landscape

The High-Density Racks (>100 kW) Market features competition among established multinational companies, specialized suppliers and regional participants. Competitive positioning depends on product performance, application expertise, delivery reliability, technical support and the ability to respond to changing customer requirements.

Leading companies are strengthening their positions through product development, localization, partnerships, service expansion and investment in higher-value applications. Buyers increasingly evaluate total lifecycle value and supplier support alongside headline pricing.

Key Player Analysis

VertivSchneider ElectricEatonRittalDell TechnologiesSupermicroHewlett Packard Enterprise (HPE)NVIDIAnVentCoolIT Systems

Recent Industry Developments

In January 2026, Vertiv introduced new configurations of its MegaMod HDX platform supporting rack densities from 50 kW to more than 100 kW and total capacity up to 10 MW, combining direct-to-chip liquid cooling with air-cooled infrastructure.In September 2025, Schneider Electric unveiled an end-to-end liquid-cooling portfolio with Motivair for hyperscale, colocation and high-density data center environments, including CDUs, rear-door heat exchangers and cold plates designed for 100 kW-plus AI racks.In February 2026, Schneider Electric opened a Motivair liquid-cooling factory in Bengaluru, positioning India as a manufacturing and export hub for high-density AI cooling systems.Rittal reported productive use of a water-based direct liquid cooling system at the Green IT Cube in Darmstadt and highlighted the shift toward rack densities above 150 kW in AI and HPC environments.

Report Coverage

The research report offers an in-depth analysis based on Power Density, Cooling Integration, Rack Standard, End User and Geography.It evaluates AI and HPC demand, liquid-cooling adoption, rack standards, data center constraints and regional infrastructure investment influencing high-density deployment.The study further examines vendor competition, modular deployment strategies, service requirements and the interaction between IT racks and facility power and thermal systems.It provides strategic recommendations for infrastructure vendors, data center operators, hyperscalers, colocation companies and investors navigating the High-Density Racks (>100 kW) Market.

Access crucial information at unmatched prices!

Request your sample report today and start making informed decisions powered by Credence Research Inc. https://www.credenceresearch.com/report/high-density-racks-100-kw-market

Shape Your Report to Specific Countries or Regions and Enjoy 30% Off!

Customize Now

Related Reports

https://www.credenceresearch.com/report/liquid-cooling-manifolds-market
https://www.credenceresearch.com/report/ocp-rack-market
https://www.credenceresearch.com/report/cdu-pumps-market
https://www.credenceresearch.com/report/ai-data-center-market

About Us

Credence Research Inc is a global market intelligence and consulting firm founded in 2015. It delivers deep market insights, quantitative analysis, and strategic guidance to business leaders, investors, governments, NGOs, and non-profit groups worldwide. The company helps organizations evaluate markets, understand trends, reduce risk, and make data-driven decisions that support growth and competitive strategy. Credence Research is known for rigorous research methods and comprehensive analytics.

The firm produces detailed reports covering market size, forecasts, growth drivers, trends, and competitive landscapes across many industries. Each report often includes frameworks like PESTLE and Porter’s Five Forces to give a complete view of market dynamics and future potential. Credence Research also provides tailored consulting services, due diligence support, go-to-market planning, and pre-IPO research to strengthen client strategies and investment narratives. Its insights come from both primary and secondary research, expert interviews, and advanced data modelling. The firm’s client base spans Europe, the Americas, Asia-Pacific, and the Middle East/Africa.

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