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Home·Deals·Automotive·Norges Bank Investment Management acquires Lucid
Norges Bank Investment Management acquires Lucid (2026)
SEO URLwww.firestrike.ai/deals/lucid-norges-bank-investment-management-acquisition-2026
acquisitionAnnounced · Feb 11, 2026AutomotiveSource · CredibleArticle · Factual
Lucid
Norges Bank Investment Management
Lucid · Norges Bank Investment Management

Norges Bank Investment Management acquires Lucid

David Najork
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
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Deal value
$13.68M
Target
Lucid
Lucid
NASDAQ: LCID · Newark, California
Acquirer
Norges Bank Investment Management
Norges Bank Investment Management
Financial Stake
Status
Completed

Norges Bank Investment Management agreed to acquire Lucid. Reported deal value: $13.68M. Status: Completed. Sector: Automotive. Target headquarters context: Newark, California, United States.

This page summarizes publicly available information about the transaction as of 2026-02-11. Figures and status may change as filings and press coverage update.

Lucid Confirms Strategy Chief Departure, Announces New Supply Chain Head Norway sovereign wealth fund acquired shares in Lucid Motors for the first time since the EV maker went public in mid- 2021 , part of its major push into automotive investments during the fourth quarter

Deal timeline

Announced
Feb 11, 2026 · eletric-vehicles.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in Automotive with a reported deal value of $13.68M. Figures and status may change as sources update.

Sources: eletric-vehicles.com · Primary article · FireStrike proprietary index