Lucid announces pricing of upcoming Gravity SUV
Photo by John Keeble/Getty Images
Lucid Motors revealed pricing and reservation details for its upcoming Gravity SUV, which is expected to go into production later this year.
To start out, Lucid will sell two trims of the Gravity: the Touring and Grand Touring. The Grand Touring will start at $94,900 and will be the first to go into production in late 2024. The Gravity Touring model, which starts at $79,900, won’t go into production until late 2025.
Lucid is opening orders for the Gravity on November 7th. Existing Lucid customers will be given priority for taking delivery. And all customers will be able to design, configure, and order their vehicle on Lucid’s website.
Lucid didn’t provide any details about delivery charges or incentives. The company has applied a $7,500 discount on its Air sedan to make up for the fact that its vehicles don’t qualify for the federal EV tax credit. (Lucid’s vehicles are too pricey for the credit, which only applies to sedans that cost less than $55,000 and SUVs and trucks priced under $80,000.)
Lucid has also slashed the price on the Air several times in recent years as it struggled to generate demand amid a broader slowdown in EV sales growth across multiple markets. The company reported record deliveries last quarter but has also repeatedly turned to its majority shareholder, The Saudi Public Investment Fund, for more cash.
When it was announced last year, Lucid said the SUV would get up to 440 miles of range, offer 800 horsepower, and accelerate 0–60 mph in under 3.5 seconds. The Gravity will also be the first vehicle from Lucid to come with a native NACS charging port that’s compatible with Tesla’s Supercharger network.
Photo by John Keeble/Getty Images
Lucid Motors revealed pricing and reservation details for its upcoming Gravity SUV, which is expected to go into production later this year.
To start out, Lucid will sell two trims of the Gravity: the Touring and Grand Touring. The Grand Touring will start at $94,900 and will be the first to go into production in late 2024. The Gravity Touring model, which starts at $79,900, won’t go into production until late 2025.
Lucid is opening orders for the Gravity on November 7th. Existing Lucid customers will be given priority for taking delivery. And all customers will be able to design, configure, and order their vehicle on Lucid’s website.
Lucid didn’t provide any details about delivery charges or incentives. The company has applied a $7,500 discount on its Air sedan to make up for the fact that its vehicles don’t qualify for the federal EV tax credit. (Lucid’s vehicles are too pricey for the credit, which only applies to sedans that cost less than $55,000 and SUVs and trucks priced under $80,000.)
Lucid has also slashed the price on the Air several times in recent years as it struggled to generate demand amid a broader slowdown in EV sales growth across multiple markets. The company reported record deliveries last quarter but has also repeatedly turned to its majority shareholder, The Saudi Public Investment Fund, for more cash.
When it was announced last year, Lucid said the SUV would get up to 440 miles of range, offer 800 horsepower, and accelerate 0–60 mph in under 3.5 seconds. The Gravity will also be the first vehicle from Lucid to come with a native NACS charging port that’s compatible with Tesla’s Supercharger network.