STOCK TITAN

Lucid Gravity Now Available to Configure and Order on the Lucid Motors Website

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Lucid Motors has launched configurations and orders for its new Lucid Gravity SUV. The Grand Touring model starts at $94,900 with production scheduled for late 2024, while the Touring version will start at $79,900 with production in late 2025. The Grand Touring features dual electric motors delivering 828 horsepower and over 440 miles of projected range. The vehicle offers seating for up to seven adults and up to 120 cubic feet of cargo capacity. Available with multiple customization options including six exterior colors, various wheel designs, and five interior themes, the Gravity comes with three levels of DreamDrive™ advanced driver assistance system and optional packages for enhanced handling, technology, and towing capability up to 6,000 pounds.

Lucid Motors ha lanciato le configurazioni e gli ordini per il suo nuovo Lucid Gravity SUV. Il modello Grand Touring parte da $94,900 con produzione prevista per la fine del 2024, mentre la versione Touring inizierà a $79,900 con produzione a fine 2025. Il Grand Touring dispone di motori elettrici doppi che offrono 828 cavalli e oltre 440 miglia di autonomia prevista. Il veicolo può ospitare fino a sette adulti e ha una capacità di carico di fino a 120 piedi cubi. Disponibile con diverse opzioni di personalizzazione, tra cui sei colori esterni, vari design di ruote e cinque temi per gli interni, il Gravity è dotato di tre livelli del sistema di assistenza alla guida avanzato DreamDrive™ e pacchetti opzionali per una migliore maneggevolezza, tecnologia e capacità di traino fino a 6,000 libbre.

Lucid Motors ha lanzado configuraciones y pedidos para su nuevo Lucid Gravity SUV. El modelo Grand Touring comienza en $94,900 con producción programada para finales de 2024, mientras que la versión Touring comenzará en $79,900 con producción a finales de 2025. El Grand Touring cuenta con motores eléctricos duales que entregan 828 caballos de fuerza y más de 440 millas de autonomía proyectada. El vehículo ofrece espacio para hasta siete adultos y hasta 120 pies cúbicos de capacidad de carga. Disponible con múltiples opciones de personalización que incluyen seis colores exteriores, varios diseños de ruedas y cinco temas interiores, el Gravity viene con tres niveles del sistema de asistencia al conductor avanzado DreamDrive™ y paquetes opcionales para mejorar el manejo, la tecnología y la capacidad de remolque de hasta 6,000 libras.

루시드 모터스는 새로운 루시드 그래비티 SUV의 구성과 주문을 시작했습니다. 그랜드 투어링 모델은 $94,900부터 시작하며 2024년 말에 생산될 예정이고, 투어링 버전은 $79,900부터 시작하여 2025년 말에 생산됩니다. 그랜드 투어링은 828마력을 발휘하는 이중 전기 모터를 가지고 있으며, 예상 주행 거리 440마일 이상을 제공합니다. 이 차량은 최대 7명의 성인을 수용할 수 있으며 120입방피트의 짐 용량을 제공합니다. 여섯 가지 외부 색상, 다양한 휠 디자인, 다섯 가지 내부 테마 등 여러 맞춤화 옵션이 제공되며, 그래비티는 세 가지 수준의 DreamDrive™ 고급 운전 보조 시스템과 강화된 핸들링, 기술, 최대 6,000파운드의 견인 능력을 제공하는 옵션 패키지를 갖추고 있습니다.

Lucid Motors a lancé les configurations et les commandes pour son nouveau Lucid Gravity SUV. Le modèle Grand Touring commence à 94 900 $ avec une production prévue pour la fin de 2024, tandis que la version Touring commencera à 79 900 $ avec une production à la fin de 2025. Le Grand Touring dispose de deux moteurs électriques fournissant 828 chevaux et plus de 440 miles d'autonomie projetée. Le véhicule peut accueillir jusqu'à sept adultes et a une capacité de chargement allant jusqu'à 120 pieds cubes. Disponible avec de nombreuses options de personnalisation, y compris six couleurs extérieures, divers designs de roues et cinq thèmes intérieurs, le Gravity est équipé de trois niveaux du système d'assistance à la conduite avancée DreamDrive™ et de forfaits optionnels pour une meilleure maniabilité, technologie et capacité de remorquage allant jusqu'à 6 000 livres.

Lucid Motors hat die Konfigurationen und Bestellungen für seinen neuen Lucid Gravity SUV gestartet. Das Modell Grand Touring beginnt bei 94.900 $ mit einer Produktion, die für Ende 2024 geplant ist, während die Touring-Version bei 79.900 $ beginnt und Ende 2025 produziert wird. Der Grand Touring verfügt über zwei Elektromotoren, die 828 PS liefern und über 440 Meilen Reichweite bieten. Das Fahrzeug bietet Platz für bis zu sieben Erwachsene und hat ein Ladevolumen von bis zu 120 Kubikfuß. Der Gravity ist mit mehreren Anpassungsoptionen erhältlich, darunter sechs Außenfarben, verschiedene Raddesigns und fünf Innenraumthemen. Er ist mit drei Stufen des fortschrittlichen Fahrerassistenzsystems DreamDrive™ und optionalen Paketen zur Verbesserung der Handhabung, Technik und einer Zugfähigkeit von bis zu 6.000 Pfund ausgestattet.

Positive
  • Impressive 440+ mile range projection for Grand Touring model
  • Competitive pricing starting at $79,900 for Touring model
  • High performance specs with 828 horsepower
  • Substantial cargo capacity of 120 cubic feet
  • 6,000-pound towing capacity
Negative
  • Production won't start until late 2024 for Grand Touring model
  • Touring model delayed until late 2025
  • High starting price point at $94,900 for Grand Touring model

Insights

The launch of Lucid Gravity's configurator marks a significant milestone, targeting the premium SUV segment with a $79,900 to $94,900 price range. The vehicle's specifications are impressive, particularly the 828 horsepower and 440-mile range for the Grand Touring model, positioning it competitively against Tesla Model X and BMW iX.

The extensive customization options and premium features indicate Lucid's strategy to capture the high-end market. However, with production scheduled for late 2024/2025, the extended timeline may impact potential sales, especially considering current market dynamics and increasing EV competition. The 6,000-pound towing capacity and 120 cubic feet cargo space are competitive advantages, but pricing remains a challenge in the current economic environment.

The timing of this announcement is strategic but faces significant market challenges. While the luxury SUV segment remains robust, Lucid's current financial position and production challenges with the Air sedan raise concerns about execution. The late 2024/2025 production timeline suggests a lengthy cash burn period before revenue generation.

The product positioning is sound, with innovative features and sustainability focus, but the premium pricing strategy in an increasingly competitive market with established players like Tesla and traditional luxury automakers requires careful consideration. Market success will heavily depend on Lucid's ability to maintain financial stability and deliver on promised specifications.

  • Lucid Gravity Grand Touring starts at $94,900* and is available to order now, while Lucid Gravity Touring will start at $79,900*, with production scheduled for late 2025.
  • Lucid Gravity delivers an expansive interior that comfortably seats up to seven adults and offers up to 120 cubic feet of cargo capacity.
  • Grand Touring is projected to have more than 440 miles of range.1
  • All standard and optional packages for Lucid Gravity Grand Touring can be found now on the "Design Yours" configurator at LucidMotors.com.

NEWARK, Calif., Nov. 7, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced the availability of the Lucid Gravity Grand Touring on the "Design Yours" configurator on LucidMotors.com. The Grand Touring delivers an unparalleled combination of sophistication, versatility, interior space, and range, making it the perfect choice for discerning customers. Production is scheduled to start at the end of 2024.

Lucid Gravity Now Available to Configure and Order on the Lucid Motors Website

"The Lucid Gravity provides a never-before-achievable combination of attributes only made possible by Lucid's game-changing technology," said Peter Rawlinson, CEO of Lucid. "It is the most sustainable vehicle in its class. And it is available to order immediately."

Innovative Vehicle Concept

Lucid Gravity is a groundbreaking new class of SUV, conceived from the ground up without compromise. Enabled by Lucid's revolutionary technology, Lucid Gravity provides the interior space and practicality of a full-size SUV within the exterior footprint of a mid-size SUV. As a result, it provides a sophisticated space for up to seven adults, game-changing versatility, and an unparalleled driving experience.

Lucid Gravity Variants & Options

Lucid today opened orders to customers in the U.S. for the Lucid Gravity Grand Touring. The full Lucid Gravity product line includes:

  • Lucid Gravity Grand Touring, starting at $94,900
    • The Lucid Gravity Grand Touring is equipped with dual electric motors delivering 828 horsepower and over 440 miles of projected range on a single charge.
  • Lucid Gravity Touring, starting at $79,900
    • The Lucid Gravity Touring is planned for late 2025. Full specifications will be revealed later.

Lucid Gravity Grand Touring can be configured in six exterior colors, including the launch color Aurora Green Metallic, and with a variety of wheel designs and sizes ranging from 20 to 23 inches. The standard Stealth Appearance features dark polished and painted finishes on exterior surfaces and trim. For those who prefer brighter trim, the optional Platinum Appearance applies a silver luster to exterior accents and trim.

The Lucid Gravity is offered with five interior themes, each of which incorporates sustainable and premium materials to evoke a different part of California's iconic landscape.

  • Mojave PurLuxe (standard) is inspired by the spirit of the Mojave Desert at nighttime; seats are upholstered in PurLuxe, a bio-PVC derived from soy waste products, while other parts of the interior are designed with black ash wood and textiles made from 100% recycled polyester yarn.
  • Mojave PurLuxe Premium adds heated and ventilated 18-way power front seats with massage functionality and features trim in walnut wood and eco-friendly suede-like synthetic material.
  • Yosemite PurLuxe Premium is infused with the spirit of the awe-inspiring Yosemite National Park. The heated and ventilated 18-way power front seats with massage functionality are trimmed in light, earth-toned upholstery, echoing the granite monolith, with trim in black and walnut wood.
  • Tahoe Leather draws from the warmth of Lake Tahoe. The heated and ventilated 18-way power front seats with massage functionality are trimmed in Nappa full-grain and premium natural grain leather, which is sourced from world-leading sustainable tanneries, with additional trim in eco-friendly suede-like synthetic material and walnut burl wood.
  • Ojai Leather pays homage to the famed Ojai Valley. The heated and ventilated 18-way power front seats with massage functionality are trimmed in Nappa full-grain and premium natural grain leather in deep terracotta tones, inspired by the fertile soil of the region. Additional trim is in eco-friendly suede-like material and carbon oak wood.

The Lucid Gravity comes standard with two rows of seats for up to five occupants. An optional three-row version seats up to seven people with ample space still available for cargo.

Wheels and tires:

  • Staggered 20" front / 21" rear Voyager design, Onyx Grey, all-season tires
  • Staggered 21" front / 22" rear Orion design, all-season tires (optional)
  • Staggered 22" front / 23" rear Aether design, high-performance summer tires (optional)

Three Levels of Lucid DreamDrive™ Advanced Driver Assistance System

Lucid Gravity comes standard with the Lucid DreamDrive™ advanced driver assistance system, which includes hands-on drive assist with extended stop & go, active curve speed control and speed limit assist, traffic sign recognition, high beam assist, automatic emergency braking with intersection assist, lane departure protection, blind spot monitoring with active intervention, front and rear cross traffic protection, rear pedestrian collision protection, park distance warning, rear parking protection, distracted and drowsy driver alert, rear view monitoring, and surrounding object visualization. It also includes a new Safe Exit Protection feature, which provides an alert if an oncoming vehicle (including a bicycle or other two-wheeled conveyance) is detected when starting to open one of the doors.

The optional DreamDrive™ Premium builds upon DreamDrive™, adding adaptive lane biasing, lane change assist, speed-based suggested lane change, adaptive drive beam, blind spot display, 3D surround view monitoring, see-through vehicle display, and automatic park in/out.

Lucid's most advanced driver-assistance system for the Lucid Gravity is DreamDrive™ Pro. With a powerful computing platform and robust 32-sensor suite, DreamDrive™ Pro expands on the DreamDrive™ Premium feature set with hands-free drive assist, traffic light detection, automatic lane change, curb rash alert, and more.2

Additional Options and Packages for Lucid Gravity

The optional Dynamic Handling Package takes Lucid Gravity handling to the next level. A three-chamber air suspension offers even greater agility with stabilized cornering compared to the standard air suspension system. Rear wheel steering, also included in the Dynamic Handling Package, increases convenience and vehicle maneuverability with a tighter turning radius at low speeds and greater stability and agility at higher speeds.

The optional Technology Package adds several features that are new for Lucid Gravity. An all-new augmented reality head-up display (AR HUD), designed in-house by Lucid, transforms the vehicle windshield by projecting navigation and other critical information directly in the driver's line of sight to the road ahead. Dynamic ambient interior lighting can be individually customized for a personal immersive interior environment. Lucid's Sanctuary Mode takes this experience further, enveloping passengers in a cocoon of tranquility inspired by California's natural wonders. Finally, the Technology Package also adds 120V power outlets in the frunk, vehicle interior, and rear cargo area. These outlets not only enhance outdoor adventures, but they also provide a reliable backup power source during emergencies.

Lucid Gravity customers can also choose to upgrade from the standard Surreal Sound 10-speaker audio system to Surreal Sound Pro, a 22-speaker audio system with spatial capability further enhanced with Dolby Atmos, enabling a truly immersive multi-direction soundscape.

The optional Comfort & Convenience Package elevates the Lucid Gravity experience, adding auto-cinching soft-close doors, a heated steering wheel, heated windshield wipers, heated second row seats, rear side window sunshades, acoustic laminated privacy glass, active cabin air filtration, and rear center console display screen.

An optional tow package enables the Lucid Gravity Grand Touring to tow up to 6,000 pounds.3 The package includes a tow bar, receiver, and an integrated wiring harness with trailer socket connector.

Additional information about Lucid Gravity pricing, ordering, and deliveries for markets outside the U.S. will be released later.

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 $69,900, in the U.S. Lucid is currently preparing its state-of-the-art, vertically integrated factory in Arizona to begin production of the Lucid Gravity SUV. The company's goal is to accelerate humanity's transition to sustainable transportation and energy through the creation of the most advanced EVs.

* All prices noted are for U.S. market only and exclude tax, title, license, options, destination, and documentation fees.

Media Contacts
media@lucidmotors.com

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 the Lucid Gravity Grand Touring and Touring models, start of production timing, specifications, 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.

1 Manufacturer's projected range for GT when equipped with 20/21" wheels and configured as 2-row, 5-seat vehicle. EPA estimates will be provided when available. Range and battery power vary with temperature, driving habits, charging and battery condition. Actual results will vary.
2 Certain DreamDrive™ Pro features not available until late 2025.
3 Towing capability based on preproduction specifications and is subject to change. Cargo, passenger weight, and vehicle equipment impact towing capacity.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/lucid-gravity-now-available-to-configure-and-order-on-the-lucid-motors-website-302298826.html

SOURCE Lucid Group

FAQ

What is the starting price of Lucid Gravity (LCID) Grand Touring?

The Lucid Gravity Grand Touring starts at $94,900.

When will Lucid Gravity (LCID) start production?

Production of the Lucid Gravity Grand Touring is scheduled to start at the end of 2024, while the Touring model will begin production in late 2025.

What is the projected range of Lucid Gravity (LCID) Grand Touring?

The Lucid Gravity Grand Touring is projected to have more than 440 miles of range on a single charge.

How much horsepower does the Lucid Gravity (LCID) Grand Touring have?

The Lucid Gravity Grand Touring is equipped with dual electric motors delivering 828 horsepower.

Lucid Group, Inc.

NASDAQ:LCID

LCID Rankings

LCID Latest News

LCID Stock Data

6.76B
2.96B
1.55%
83.99%
9.02%
Auto Manufacturers
Motor Vehicles & Passenger Car Bodies
Link
United States of America
NEWARK