Lucid Motors is shifting focus from its Air sedan to the new Gravity SUV in response to the rising demand for SUVs. Anticipated to double production by 2025, Lucid produced 20,000 vehicles in 2024, significantly increasing from 9,029 in the previous year. The Gravity boasts top features, including a 450-mile range and advanced charging capabilities. However, competition in the premium SUV market is challenging, and the company’s ability to launch a more affordable model by 2026 could determine its long-term success.
The Gravity's success will be key to Lucid's ambitions; ramping up production could help the EV startup double its vehicle output, but market demand remains uncertain.
Lucid's Gravity SUV, with a 450-mile range and Tesla-style charging compatibility, aims to diversify its offerings beyond the Air sedan in a crowded SUV market.
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