Technology
Lucid reveals Gravity SUV, eyes affordable EVs to challenge Tesla
Californian EV manufacturer Lucid has unveiled new details about its upcoming Gravity SUV during a Technology and Manufacturing Day event. Known for the long-range efficiency of its Air model,
Photo: LUCID MOTORS
Lucid is set to expand into the SUV market with the Gravity, which will launch later this year. The Gravity will feature Tesla’s North American Charging Standard (NACS), granting it access to Tesla’s Supercharger network.
The Gravity SUV, offering at least 440 miles of range and over 800bhp in some models, will start at around $80,000, with high-end versions expected to exceed $250,000.
Photo: LUCID MOTORS
To remain comPetitive, Lucid also teased a midsize platform for a new crossover EV, expected to rival Tesla’s Model Y.
This new vehicle, set for production in late 2026, will be priced under $50,000.
Photo: LUCID MOTORS
Lucid has positioned itself to directly comPete with Tesla by focusing on more affordable EV options.
Earlier this year, the company secured $1.5 billion in funding from its largest shareholder, Saudi Arabia’s Public Investment Fund, which will support the production of Lucid’s smaller, more affordable EVs in Saudi Arabia.
Photo: LUCID MOTORS
The company also plans models to comPete with Tesla’s Model 3 and explore a "ruggedized" vehicle category. While Lucid is poised to expand its market share,
PHOTO: REUTERS
Tesla faces scrutiny from shareholders who claim CEO Elon Musk has been distracted by political issues and social media ventures.
-
Technology1h ago
How researchers measure wildfire smoke exposure doesn’t capture long-term health effects − and hides racial disparities
-
Technology6h ago
What Should Be the AI Industry’s Top Focus? 5 Leaders Weigh in on the Next Year
-
Technology7h ago
Plants get a GMO glow-up: Genetically modified varieties are coming out of the lab and into homes and gardens
-
Technology7h ago
Will your phone one day let you smell as well as see and hear what’s on the other end of a call?
-
Technology7h ago
The Future of Dota 2: Predictions for the Game’s Development Beyond 2024
-
Technology9h ago
Tesla Cybertruck tires barely last 6,000 miles
-
Technology11h ago
Save $79 on Celestron Nature DX 12x56 binoculars at Amazon
-
Technology11h ago
What is the dead internet conspiracy?