Overview
- Lucid’s CFO said the third model will be publicly unveiled in mid-2026, with customer orders opening at reveal and production targeted for late 2026.
- The new dedicated midsize platform will support three distinct models, marking Lucid’s first multi-vehicle platform approach aimed at scaling and lowering costs.
- Initial manufacturing for the midsize line will occur in Saudi Arabia, a move the company says helps avoid higher U.S. duties on Chinese-sourced components such as the high-voltage battery.
- Pricing is targeted around $50,000 to reach what Lucid calls the heart of the market, while maintaining a premium feel consistent with the brand’s existing vehicles.
- The first midsize vehicle is slated to introduce NVIDIA’s DRIVE Thor computing hardware with a target of Level 4 capability, and previously announced commercial plans include Uber’s investment and Nuro-provisioned autonomy for future ride-hailing use.