Lucid Motors Confirms 2026 Launch for Midsize Electric SUV

The EV maker is targeting a $50,000 price point and preparing US production facilities to compete in the growing midsize market.

Lucid Motors has announced it is on track to launch a midsize electric SUV in 2026, aiming for a $50,000 price point to rival Tesla's Model Y and other competitors.
The company is actively preparing assembly lines and coordinating with suppliers to support the new model's production.
Efforts are underway to mitigate the impact of tariffs by securing agreements with battery cell and graphite suppliers and advancing US-based manufacturing facilities.
Lucid plans to launch the less-expensive Touring variant of its Gravity SUV later this year, with expectations to double vehicle production in 2025 to approximately 20,000 units.
Backed by Saudi Arabia's PIF, Lucid continues to expand its lineup and production capabilities to strengthen its position in the competitive EV market.