Particle.news

Download on the App Store

Lucid Confirms $50,000 Gravity X–Based EV as Gravity Enters European Production

The company is steering toward lower-priced volumes that will require fresh funding to scale.

Overview

  • Interim CEO Marc Winterhoff said the third model in Lucid’s midsize lineup will draw from the Gravity X concept at roughly a $50,000 entry price.
  • Lucid plans to start building its midsize platform in 2026 with the standard midsize SUV first, targeting the Tesla Model 3 and Model Y segment.
  • Management says cash on hand runs into the second half of 2026, with additional financing needed to ramp variants beyond the initial model.
  • European production of the Gravity SUV has begun, with first customer deliveries expected in early January 2026 and Touring prices starting at €99,900.
  • Internal talks have reopened on a right‑hand‑drive Gravity for markets such as the UK, Japan and Australia, and reporting indicates the midsize trio is slated for Lucid’s AMP‑2 plant in Saudi Arabia.