Lucid announces pricing of upcoming Gravity SUV

Oct 29, 2024 08:00 PM - 2 weeks ago 18164

Lucid Motors revealed pricing and preservation specifications for its upcoming Gravity SUV, which is expected to spell into accumulation later this year.

To commencement out, Lucid will waste 2 trims of the Gravity: the Touring and Grand Touring. The Grand Touring will commencement astatine $94,900 and will beryllium the first to spell into accumulation successful precocious 2024. The Gravity Touring model, which starts astatine $79,900, won’t spell into accumulation successful precocious 2025.

Lucid is opening orders for the Gravity connected November 7th. Existing Lucid customers will beryllium fixed privilege for taking delivery. And each customers will beryllium capable to design, configure, and bid their conveyance connected Lucid’s website.

Lucid didn’t supply immoderate specifications astir transportation charges aliases incentives. The institution has applied a $7,500 discount connected its Air sedan to dress up for the truth that its vehicles don’t suffice for the national EV taxation credit. (Lucid’s vehicles are excessively pricey for the credit, which only applies to sedans that costs little than $55,000 and SUVs and trucks priced nether $80,000.)

Lucid has besides slashed the value connected the Air respective times successful caller years arsenic it struggled to make request amid a broader slowdown successful EV income growth crossed aggregate markets. The institution reported record deliveries past quarter but has besides repeatedly turned to its mostly shareholder, The Saudi Public Investment Fund, for much cash.

When it was announced past year, Lucid said the SUV would get up to 440 miles of range, connection 800 horsepower, and accelerate 0–60 mph successful nether 3.5 seconds. The Gravity will besides beryllium the first conveyance from Lucid to travel pinch a autochthonal NACS charging port that’s compatible pinch Tesla’s Supercharger network.

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