Key Points
- Lucid Gravity SUV will include a Tesla-compatible port by 2025
- More affordable under $50,000 midsize SUV coming in 2026
- Lucid’s expansion aims to challenge Tesla’s dominance in the EV market
- Saudi investment supports Lucid’s growth despite financial hurdles
Lucid Motors is gearing up for a significant release with the highly anticipated Lucid Gravity SUV, set to revolutionize the EV market.
One of the standout features of the upcoming Gravity SUV is its integration of the North American Charging Standard (NACS), also known as the Tesla charging port, by 2025.
This move allows the Lucid Gravity SUV to seamlessly use Tesla’s vast Supercharger network without needing any adapters.
The Lucid Gravity SUV may also be the first EV to feature the Tesla-compatible port on the driver’s side rear, which is a strategic placement.
It allows drivers to access Tesla Superchargers without blocking multiple stalls—a common issue with other EVs. By aligning itself with Tesla’s NACS, the Lucid Gravity SUV promises a smoother, hassle-free charging experience for its owners.
Currently, EV drivers face challenges using Tesla’s Superchargers without special CCS-to-NACS adapters.
Lucid’s direct adoption of the Tesla port eliminates this hurdle, making the Lucid Gravity SUV a user-friendly option for EV owners who need to charge on the go.
Lucid shows off Gravity SUV with Tesla port and teases a cheaper midsize EV shared by @msloydwrites https://t.co/5ufG3T9s3x
— ❤❤#FreelanceWriter. Marketer. Influencer. 😘🤓😏 (@msloydwrites) September 11, 2024
Lucid Teases Affordable Electric SUV for 2026
Beyond the Lucid Gravity SUV, Lucid Motors is taking another bold step by announcing plans for an affordable electric SUV, expected to be priced under $50,000.
This new midsize SUV is projected to launch in late 2026 and will be built on the brand-new Midsize Platform, featuring the innovative “Atlas” drive unit for improved performance and value.
This upcoming midsize EV signals Lucid’s shift toward more budget-friendly electric vehicles, aiming to compete directly with Tesla’s top-selling Model Y.
Lucid is also hinting at another future model designed to take on Tesla’s Model 3, further showcasing its determination to carve out a significant market share in the competitive electric vehicle space.
The affordable midsize SUV, coupled with the Lucid Gravity SUV, positions Lucid Motors as a serious player in the expanding EV market. Currently, Lucid’s only available model, the Lucid Air, caters to a luxury market with a hefty price tag, limiting its accessibility.
However, with this new $50,000 SUV, Lucid is strategically pivoting to capture a broader audience while maintaining its commitment to innovation and performance.
Lucid’s Path Forward with Saudi Backing
Despite facing financial challenges, Lucid Motors has managed to stay afloat, thanks in large part to significant investments from Saudi Arabia’s Public Investment Fund (PIF), which holds a majority stake in the company.
These investments have allowed Lucid to continue developing the Lucid Gravity SUV and its upcoming midsize SUV, pushing the brand forward in the EV race.
Lucid has also announced that it delivered more vehicles in 2024 than in all of 2023, highlighting progress despite obstacles.
The upcoming Lucid Gravity SUV and the affordable midsize model will play a crucial role in Lucid’s expansion as it competes with established EV leaders like Tesla.
With its ambitious plans for the Lucid Gravity SUV and future models, Lucid Motors is betting on innovation, strategic partnerships, and market expansion to secure its place in the highly competitive electric vehicle market.
