EV maker Lucid Motors ranked first among “roughly 15,000” companies on Forbes’ annual Net Zero List, a study published in collaboration with data providers Sustainalytics and Morningstar.
After not appearing on the list at all last year, the Newark-headquartered premium EV manufacturer jumped to first place, followed by Rivian in second and Tesla in third.
Lucid claims its Air sedan is “the most energy-efficient electric sedan in the U.S. market today.”
The company says the Grand Touring trim of its debut model produces “about 6% fewer greenhouse gas emissions during use than the leading U.S. EV competitor, and about 30% less emissions than the leading German EV competitor.”
Companies were evaluated based on their efforts to achieve net-zero targets across three categories of greenhouse gas emissions.
These include direct emissions from sources under the company’s control, such as energy used in manufacturing; indirect emissions from purchased energy; and emissions from the supply chain and from consumer use of the company’s products.
“Lucid is honored to be named the No. 1 company on Forbes 2025 Net Zero Leaders list, which highlights leaders who are doing their part to reduce greenhouse gas emissions,” the company wrote on LinkedIn.
Forbes stated that the companies were also evaluated on their effectiveness in managing these emissions, as well as their organizational preparedness, governance, and financial resilience in the face of climate-related challenges.
“Our commitment to doing more with less is an intentional part of everything we do at Lucid, which helps to preserve resources and energy while building some of the world’s longest range, most energy efficient, and best performing vehicles on the road today,” the company added.
Last week, the company shared new images from inside its AMP-2 facility in Saudi Arabia, revealing advanced manufacturing operations that suggest it is moving beyond semi-knockdown (SKD) assembly toward full vehicle production.
The facility spans approximately 1.3 million square meters and is expected to reach an annual production capacity of up to 155,000 vehicles.
The Newark-based electric vehicle maker has recently suspended the option to configure new Air sedans on its website and is now directing potential buyers to browse its available inventory of new, demo, and pre-owned vehicles instead.
Since the company has not officially announced the change, it is unclear whether it is due to inventory clearance, a possible 2026 refresh of the Air model, supply chain issues, or a shift in production focus at the Arizona plant toward the Gravity SUV.
Commenting on Rivian’s results, Chief Sustainability Officer Anisa Costa said the company’s 2024 vehicles have a 15% lower lifetime carbon footprint compared to earlier models, with potentially even greater reductions in the future.
“One of our goals right now is launching a product with half the life-cycle emissions compared to our 2022 products by 2030,” Costa stated.
