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Canadian Pricing Announced for the Highly Anticipated Lucid Gravity SUV

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(Low)
Rhea-AI Sentiment
(Very Positive)
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Lucid Group (NASDAQ: LCID) has announced Canadian pricing for its new Lucid Gravity SUV. The Touring model will start at $113,500 CDN, while the Grand Touring model will be priced from $134,500 CDN. The Grand Touring version offers 828 horsepower and a projected range exceeding 720 kilometers.

The vehicle features nearly 3,400 litres of total cargo space, including a frunk with an optional seat for two adults when parked. Powered by in-house electric motors and a 123kWh battery pack, the Gravity accommodates up to seven adults. Orders for the Grand Touring model will open soon, with the Touring model becoming available in late 2025. The vehicle includes an optional three-chamber air suspension system for adaptive handling across different terrains.

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Positive

  • High-performance specifications with 828 horsepower in Grand Touring model
  • Exceptional range of over 720 kilometers on a single charge
  • Spacious design accommodating 7 adults with 3,400 litres of cargo space
  • Advanced features including three-chamber air suspension system

Negative

  • High entry price point starting at $113,500 CDN may limit market accessibility
  • Delayed availability of Touring model until late 2025

News Market Reaction 1 Alert

+1.32% News Effect

On the day this news was published, LCID gained 1.32%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Lucid Gravity Touring will start at $113,5001 CDN with Grand Touring starting at $134,5001 CDN

NEWARK, Calif., Jan. 16, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced Canadian pricing for the groundbreaking Lucid Gravity SUV. The Lucid Gravity Touring will be priced from $113,5001 CDN, while the Lucid Gravity Grand Touring will start at $134,5001 CDN. Orders for the Lucid Gravity Grand Touring model, offering 828 horsepower and a projected range surpassing 720 kilometres2, will open for Canadian customers soon, with the Lucid Gravity Touring added to the model lineup in late 2025.

"The anticipation in Canada for Lucid Gravity's unprecedented combination of versatility, performance, design, and all-around capability has been extraordinary," said Peter Rawlinson, CEO at Lucid. "This revolutionary vehicle is uniquely enabled through our technology and is perfectly suited to the demands of the Canadian market."

The Lucid Gravity is thoughtfully designed for optimal functionality, with space for up to seven adults plus all their gear. Lucid Gravity offers nearly 3400 litres of total usable cargo space including the frunk, which has an optional frunk seat that can accommodate two adults while the vehicle is parked.

Lucid Gravity also draws upon Lucid's renowned electric powertrain technology, including in-house electric motors. Lucid Gravity's extraordinary efficiency enables a projected range surpassing 720 kilometres2 from a 123kWh battery pack, only slightly larger than 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.

Lucid Gravity will be at the Montreal International Auto Show from January 17 – 26.

About Lucid Group
Lucid (NASDAQ: LCID) is a Silicon Valley-based technology company focused on creating the most advanced EVs in the world. The award-winning Lucid Air and new Lucid Gravity deliver best-in-class performance, sophisticated design, expansive interior space and unrivaled energy efficiency. Lucid assembles both vehicles in its state-of-the-art, vertically integrated factory in Arizona. Through its industry-leading technology and innovations, Lucid is advancing the state-of-the-art of EV technology for the benefit of all. 


1 All prices are in Canadian dollars and include $2,300 destination fee and $200 documentation fee as well as the $100 federal air conditioning tax. Excludes Federal Luxury Tax, sales tax and provincial levies & fees

2 Manufacturer's projected estimate for Lucid Gravity Grand Touring when equipped with 20"F/21"R wheels and configured as 2-row, 5-seat vehicle is 720 kilometres; NRCan estimates will be provided when available. Actual range will be dependent on many factors, including battery age, driving habits, charging habits, temperatures, accessory use, and other factors as will be described in the owner's manual

Media Contacts
media@lucidmotors.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/canadian-pricing-announced-for-the-highly-anticipated-lucid-gravity-suv-302352807.html

SOURCE Lucid Group

FAQ

What is the starting price of Lucid Gravity SUV in Canada?

The Lucid Gravity SUV starts at $113,500 CDN for the Touring model and $134,500 CDN for the Grand Touring model.

What is the driving range of the Lucid Gravity LCID SUV?

The Lucid Gravity has a projected range exceeding 720 kilometers on a single charge with its 123kWh battery pack.

How many passengers can the Lucid Gravity LCID accommodate?

The Lucid Gravity can accommodate up to seven adults plus cargo, with nearly 3,400 litres of total usable cargo space.

When will the Lucid Gravity Touring model be available in Canada?

The Lucid Gravity Touring model will be added to the model lineup in late 2025.

What is the horsepower of the Lucid Gravity Grand Touring model?

The Lucid Gravity Grand Touring model offers 828 horsepower.
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