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"Lucid's Gravity Success: Two New Models Ready to Challenge the Tesla Model 3 and Y"

04/07/2023 at 10:49

Thanks to its partnership with Aston Martin and the support of its main investor, Lucid faces the future with confidence. The company plans to expand its line beyond the Air and Gravity models.

Next year, Lucid will add the Gravity SUV to its lineup. This large seven-seat SUV will mainly adopt the styling and technologies of the Air sedan. It will be positioned in a high price bracket, above $80,000 .

The next step will be to expand the range downwards. During an interview with the British magazine Auto Express , Peter Rawlinson spoke about the future Lucid range, which will include four models, two of which will be intended to compete with the Tesla Model 3 and Y. He even mentioned a price of around 50,000 dollars, which is about the price of a Model Y in the United States.

A sedan and a D-segment SUV are expected to hit the market by 2026. These two models are key to leveraging the brand's production capabilities. Lucid plans to increase production at Casa Grande to 350,000 units per year, and the Saudi Arabia plant to 150,000 units to complement.

However, even if it admits that the market needs an electric car that costs $25,000 and consumes less than 10kWh/100km, Lucid will not go down this road, either in terms of price or price. of production volumes. Instead, the manufacturer prefers to make its technology available to other players. Peter Rawlinson thus mentions the possibility, in addition to the sale of components, of opening production under license.