Overview

• Interim CEO Marc Winterhoff said at the Munich Motor Show that the third midsize model will be based on the Gravity X concept with off‑road design cues.
• Lucid plans to begin building the sub‑$50,000 midsize SUV by the end of 2026, with funding in place through the second half of next year and more capital required to hit the start and ramp targets.
• The rugged off‑road variant is targeted for early 2027, following initial production of the standard midsize SUV.
• All three midsize vehicles are slated for production at Lucid’s AMP‑2 factory in Saudi Arabia.
• Executives say the lineup will leverage flagship tech to reach a broader market, competing in the Tesla Model 3 and Model Y segment, with a third non‑sedan model aimed for late 2028.