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Lucid Motors Launches Gravity SUV Amid EV Sales Decline

11/21/2025

Summary

Story summary

Lucid Motors introduced the Gravity Touring SUV at $79,900 to broaden its audience amid declining U.S. EV sales.
The Gravity Touring offers 337 miles of range and seven seats.
Orders opened on Thursday with configurations available for immediate delivery.
Lucid's third-quarter revenue was $336.6 million, with the expiration of a $7,500 federal tax credit impacting demand.
Lucid reduced the production forecast to 18,000 units due to supply-chain issues.

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Story summary

Lucid Motors introduced the Gravity Touring SUV at $79,900 to broaden its audience amid declining U.S. EV sales.
The Gravity Touring offers 337 miles of range and seven seats.
Orders opened on Thursday with configurations available for immediate delivery.
Lucid's third-quarter revenue was $336.6 million, with the expiration of a $7,500 federal tax credit impacting demand.
Lucid reduced the production forecast to 18,000 units due to supply-chain issues.