Lucid Motors’ Gravity SUV Launches in Late 2024: Pricing, Specs, and More
Lucid Motors has officially released pricing details for its highly anticipated Gravity SUV, a model set to redefine electric luxury in the SUV space. The Gravity will launch in two trims: the Grand Touring and the Touring, both offering advanced performance, extended range, and high-end features. The initial production is set to begin in late 2024 with the Grand Touring model, while the Touring trim will follow in late 2025.
With significant attention to sustainability, luxury, and performance, Lucid has positioned the Gravity to stand out in an increasingly competitive electric SUV market. Here’s everything you need to know about the Gravity SUV, from its pricing to its impressive performance specs and unique ordering process.
Pricing and Production Timeline: Touring and Grand Touring Models
Lucid Motors is entering the electric SUV segment with its Gravity model, which promises to deliver top-tier features and performance. The company has announced two trims to choose from, each with a distinct price point and release schedule:
Grand Touring Model: Starting at $94,900, the Grand Touring trim is designed for luxury-focused EV buyers seeking high-end features and a powerful performance profile. This version is scheduled to be the first Gravity model released, going into production in late 2024.
Touring Model: The more affordable Touring model will have a starting price of $79,900, making it accessible to those looking for a luxury electric SUV without the full premium cost of the Grand Touring. Production for the Touring model will begin in late 2025.
While these price points place both models beyond the federal EV tax credit eligibility cap (sedans priced under $55,000 and SUVs under $80,000), Lucid is offering alternative incentives to attract customers, as it has done with its Air sedan. The company has applied a $7,500 discount on its Air model as part of its efforts to counterbalance the lack of tax credit, an approach that could extend to the Gravity SUV as well.
Reservations and Exclusive Ordering Benefits for Current Lucid Customers
Reservations for the Gravity will open on November 7th, allowing customers to secure their order ahead of the model’s production launch. In a strategic move, Lucid is giving priority access to its existing customer base, enabling current Lucid owners to be first in line for delivery of the new SUV. This approach not only rewards Lucid’s early adopters but also encourages brand loyalty.
The reservation process is entirely digital. Customers will be able to design and configure their Gravity SUV directly on Lucid’s website. This online system allows potential buyers to customize features, choose interior options, and tailor the vehicle to their preferences, all from the comfort of their home.
Performance Specifications: Range, Power, and Speed
Lucid Motors has a reputation for setting high-performance benchmarks in the EV sector, and the Gravity SUV is no exception. Here’s a breakdown of some of its expected standout features:
- Range: The Gravity is projected to offer up to 440 miles on a single charge. This extended range sets it apart from many competitors, catering to drivers who prioritize long-distance capability.
- Power: With an impressive 800 horsepower, the Gravity promises robust power delivery, suitable for both city driving and off-road adventures.
- Acceleration: Lucid estimates a 0-60 mph time of under 3.5 seconds, making it one of the faster electric SUVs on the market.
Lucid’s dedication to performance places the Gravity among the elite in the luxury SUV category, promising a driving experience that rivals some of the top EV models on the market.
Native NACS Charging and Tesla Supercharger Compatibility
One of the most significant advantages of the Gravity is its compatibility with Tesla’s Supercharger network. Lucid is equipping the Gravity SUV with a native North American Charging Standard (NACS) port, which will allow owners to access Tesla’s expansive Supercharger network. This feature will significantly expand charging options for Gravity drivers, enabling faster and more convenient charging across North America.
By making its vehicles compatible with Tesla’s Supercharger network, Lucid is addressing a key challenge faced by many EV owners—limited charging infrastructure. The Gravity’s charging capabilities are anticipated to be one of the model’s strongest selling points, providing flexibility and peace of mind to drivers on long road trips.
Lucid’s Strategy for Growth: Incentives and Investor Support
Lucid’s ambitious goals with the Gravity SUV align with its ongoing efforts to remain competitive amid a global slowdown in EV sales growth. The company has struggled with fluctuating demand and is actively exploring strategies to stimulate sales, including price cuts on its existing Air sedan. Lucid’s vehicles are premium, and they aim to attract a specific market segment willing to invest in high-quality, high-performance EVs.
The company’s reliance on funding from the Saudi Public Investment Fund (PIF) has been instrumental in keeping its production goals on track. PIF holds a majority stake in Lucid, and this financial backing has allowed Lucid to pursue aggressive growth strategies despite market challenges. With its expanding product lineup and international investor support, Lucid is positioned to carve out a solid niche in the luxury EV market.
What to Expect from the Gravity SUV
Lucid’s Gravity SUV promises a combination of luxury, performance, and cutting-edge technology. As a high-performance electric SUV with premium features, the Gravity will likely appeal to a customer base that values sustainability without compromising on quality or convenience. Its competitive range, powerful acceleration, and access to the Tesla Supercharger network are expected to be major selling points.
As Lucid prepares to enter the electric SUV market, it’s clear that the company is committed to maintaining its status as a leader in luxury EVs. With its innovative designs and a customer-centric approach to reservations and customizations, Lucid’s Gravity SUV is poised to make a significant impact when it debuts.
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