Lucid Gravity Orders to Open November 7, 2024
Lucid Group announced that orders for its new electric SUV, the Lucid Gravity, will open on November 7, 2024. The Grand Touring trim, starting at $94,900, will feature over 800 horsepower and a projected range exceeding 440 miles, with production scheduled for late 2024. The Touring trim, starting at $79,900, is planned for late 2025 production.
The vehicle offers space for up to seven adults and 120 cubic feet of total cargo space. Current Lucid owners will receive priority delivery. The SUV features in-house electric motors and an optional three-chamber air suspension system. U.S. customers can configure and order directly through Lucid's website.
Lucid Group ha annunciato che gli ordini per il suo nuovo SUV elettrico, il Lucid Gravity, apriranno il 7 novembre 2024. La versione Grand Touring, a partire da $94,900, avr脿 oltre 800 cavalli e un'autonomia prevista superiore a 440 miglia, con la produzione programmata per la fine del 2024. La versione Touring, a partire da $79,900, 猫 prevista per la produzione a fine 2025.
Il veicolo pu貌 ospitare fino a sette adulti e offre 120 piedi cubi di spazio cargo totale. Gli attuali proprietari di Lucid riceveranno la priorit脿 nella consegna. Lo SUV 猫 dotato di motori elettrici prodotti internamente e di un sistema di sospensione ad aria opzionale a tre camere. I clienti statunitensi possono configurare e ordinare direttamente attraverso il sito web di Lucid.
Lucid Group anunci贸 que los pedidos para su nuevo SUV el茅ctrico, el Lucid Gravity, se abrir谩n el 7 de noviembre de 2024. La versi贸n Grand Touring, con un precio inicial de $94,900, contar谩 con m谩s de 800 caballos de fuerza y un rango proyectado que superar谩 las 440 millas, con producci贸n programada para finales de 2024. La versi贸n Touring, que comenzar谩 en $79,900, se planea para producirse a finales de 2025.
El veh铆culo ofrece espacio para hasta siete adultos y 120 pies c煤bicos de espacio de carga total. Los actuales propietarios de veh铆culos Lucid recibir谩n prioridad en la entrega. El SUV cuenta con motores el茅ctricos fabricados internamente y un sistema de suspensi贸n neum谩tica opcional de tres c谩maras. Los clientes en EE.UU. pueden configurar y ordenar directamente a trav茅s del sitio web de Lucid.
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Lucid Group a annonc茅 que les commandes pour son nouveau SUV 茅lectrique, le Lucid Gravity, ouvriront le 7 novembre 2024. La version Grand Touring, dont le prix commence 脿 94 900 $, disposera de plus de 800 chevaux et d'une autonomie pr茅vue d茅passant 440 miles, avec une production pr茅vue pour fin 2024. La version Touring, 脿 partir de 79 900 $, est pr茅vue pour une production fin 2025.
Le v茅hicule offre de l'espace pour jusqu'脿 sept adultes et 120 pieds cubes d'espace de chargement total. Les propri茅taires actuels de Lucid b茅n茅ficieront d'une priorit茅 de livraison. Le SUV est 茅quip茅 de moteurs 茅lectriques fabriqu茅s en interne et d'un syst猫me de suspension pneumatique optionnel 脿 trois chambres. Les clients am茅ricains peuvent configurer et commander directement via le site Web de Lucid.
Lucid Group hat bekannt gegeben, dass die Bestellungen f眉r sein neues elektrisches SUV, den Lucid Gravity, am 7. November 2024 ge枚ffnet werden. Die Ausstattungsvariante Grand Touring, die bei $94.900 beginnt, wird 眉ber 800 PS haben und eine gesch盲tzte Reichweite von 眉ber 440 Meilen bieten, mit einer Produktionsplanung f眉r Ende 2024. Die Ausstattungsvariante Touring, die bei $79.900 beginnt, ist f眉r eine Produktion Ende 2025 geplant.
Das Fahrzeug bietet Platz f眉r bis zu sieben Erwachsene und 120 Kubikfu脽 Gesamt Gep盲ckraum. Aktuelle Lucid-Besitzer erhalten eine bevorzugte Lieferung. Das SUV ist mit hauseigenen Elektromotoren und einem optionalen Luftfederungssystem mit drei Kammern ausgestattet. US-Kunden k枚nnen direkt 眉ber die Website von Lucid konfigurieren und bestellen.
- High-performance specifications with 800+ horsepower and 440+ mile range
- Competitive pricing starting at $79,900 for Touring trim
- Substantial cargo capacity of 120 cubic feet
- Leverages existing Lucid Air powertrain technology
- Extended wait time for Touring trim delivery (late 2025)
- Higher entry price point compared to many mainstream electric SUVs
Insights
The launch of Lucid Gravity represents a significant strategic move in the luxury electric SUV segment. The
However, critical challenges remain: Lucid's production capacity, ongoing cash burn and the increasingly competitive EV market. The late 2024/2025 production timeline means revenue impact won't materialize until 2025. The prioritization of existing Lucid owners for deliveries suggests initial production volumes.
The 120 cubic feet cargo capacity and innovative features like the frunk seat demonstrate strong product differentiation, but market success will heavily depend on Lucid's ability to scale production efficiently and maintain quality standards.
The timing of this product launch is challenging given current market conditions. High interest rates are impacting luxury vehicle sales and EV adoption faces headwinds from charging infrastructure concerns. The
While the technical specifications are impressive, Lucid's brand awareness and dealer network remain compared to established luxury automakers. The company's focus on existing customers for initial deliveries may limit market expansion. The staggered launch strategy, with Touring trim delayed until late 2025, could impact initial sales momentum and market penetration.
Lucid Gravity Touring priced from
"There is a growing anticipation for Lucid Gravity's unprecedented combination of versatility, performance, design, and all-around capability," said Peter Rawlinson, CEO at Lucid. "This is uniquely enabled through our revolutionary technology. We look forward to bringing the world's most advanced SUV to the world soon."
On November 7, orders will open for customers in the
The Lucid Gravity is designed to be the best SUV ever with space for up to seven adults plus all their gear. Lucid Gravity offers up to 120 cubic feet of total usable cargo space, including the frunk. An optional frunk seat can accommodate two adults while the vehicle is parked.
Lucid Gravity draws upon Lucid's renowned electric powertrain technology, including in-house electric motors. Lucid Gravity's extraordinary efficiency enables a projected range surpassing 440 miles1 with a battery pack capacity similar to that of the 2025 Lucid Air Grand Touring. This enables a confident and agile driving experience and exceptional interior spaciousness. An optional three-chamber air suspension adapts to changing terrain, ensuring a smooth and comfortable ride and precise handling.
Information about Lucid Gravity pricing, ordering, and deliveries for markets outside the
About Lucid Group
Lucid (NASDAQ: LCID) is a Silicon Valley-based technology company focused on creating the most advanced EVs in the world. The flagship vehicle, Lucid Air, delivers best-in-class performance and efficiency is priced from
*听All prices noted are for U.S. market only and exclude tax, title, license, options, destination and documentation fees.
1 Manufacturer's projected estimate for longest range trim and configuration. EPA estimates will be provided when available. Range and battery power vary with temperature, driving habits, charging, and battery condition, and actual results will vary.
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This communication contains trademarks, service marks, trade names and copyrights of Lucid Group, Inc. and its subsidiaries and other companies, which are the property of their respective owners.
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Forward-Looking Statements
This communication includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "shall," "expect," "anticipate," "believe," "seek," "target," "continue," "could," "may," "might," "possible," "potential," "predict" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding plans and expectations with respect to commercial product launches, including the Lucid Gravity Grand Touring and Touring models, start of production timing, timing of opening up orders, plans for delivery priority, starting prices, features, capabilities, ranges, and the promise of Lucid's technology. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of Lucid's management. These forward-looking statements are not intended to serve as and must not be relied on by any investor as, a guarantee, an assurance, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond the control of Lucid. These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed under the heading "Risk Factors" in Part II, Item 1A of Lucid's Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, as well as other documents Lucid has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or Lucid's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lucid currently does not know or that Lucid currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lucid's expectations, plans or forecasts of future events and views as of the date of this communication. Lucid anticipates that subsequent events and developments will cause Lucid's assessments to change. However, while Lucid may elect to update these forward-looking statements at some point in the future, Lucid specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Lucid's assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.
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