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Lucid’s new Gravity SUV is expected later this year, but earlier this year, the automaker filed trademark applications for what is expected to be a smaller, much more affordable electric SUV. InsideEVs found the application for the “Earth” nameplate, scheduled to land in 2026, behind the Gravity.
EV maker Lucid (<a href=«https://finance.yahoo.com/quote/LCID?.tsrc=» https: target="_blank" rel=«noopener» data-i13n=«cpos:1;pos:1» data-ylk=«elm:context_link;itc:0;pos:1;sec:donut-hole;cpos:1;»>LCID
NEWARK, Calif. – All four versions of the 2024 Lucid Air are before me, from the entry-level Pure to the ballistic-missile-like Sapphire. I’m to drive all of them in a single day on some of the Bay Area’s most beautiful mountain roads. No city stop-and-go or highway cruising involved. Nope, Lucid wants to show off the dynamics of its Air lineup on roads that seem best suited to Porsches, BMW M cars and others of that ilk. The Air is no two-door sports car on the outside, but it becomes clear in a hurry that every single version of this electric, luxury sports sedan belongs in this arena.
Lucid reported first-quarter deliveries above market expectations on Tuesday as price cuts helped boost demand for its luxury electric sedans, sending its shares up about 4%.
Lucid boss Peter Rawlinson has said improving the efficiency of electric cars so they can travel 10km (6.2 miles) per kWh is the “holy grail” that will ensure that EVs will help to “save the planet”.
Electric vehicle makers Lucid and Rivian have released their fourth quarter and full-year 2023 financial results, sharing delivery numbers, financial figures, and their respective outlooks for 2024. Relatively new to the automotive field, both companies have struggled to meet production forecasts and get vehicles to customers. Have things changed? Let's dive into the facts and figures to get a feel for each company's current status — and future plans.
Lucid has brought Air ownership within reach of more customers by slashing prices across the board. The lineup now starts at $69,900 for the entry-level Pure, making the handsome luxury sedan even cheaper than the $74,990 Tesla Model S.
Lucid Motors may have run into headwinds in 2023 when it came to demand for the Air sedan, which prompted some price cuts (as with elsewhere in the industry). But the luxury EV maker is now aiming to boost its footprint in the US as it works on expanding its lineup further following the debut of the Gravity SUV. Days ago the EV maker unveiled a new manufacturing facility and warehouse at its Casa Grande, Arizona, home, measuring 3 million square feet. This includes a new general assembly line, an expanded body and paint shops, a logistics center and powertrain facilities relocated from elsewhere on site, as well as quality and semi-knock down (SKD) centers. «In just a few short years, the Lucid team has evolved our manufacturing footprint into one of the few highly integrated electric vehicle manufacturing plants in