Topics

Latest

AI

Amazon

Article image

Image Credits:Lucid Group

Apps

Biotech & Health

mood

Lucid Gravity SUV

Image Credits:Lucid Group

Cloud Computing

Commerce

Crypto

Enterprise

EVs

Fintech

Fundraising

Gadgets

stake

Google

Government & Policy

Hardware

Instagram

Layoffs

Media & Entertainment

Meta

Microsoft

Privacy

Robotics

Security

Social

quad

startup

TikTok

Transportation

Venture

More from TechCrunch

outcome

Startup Battlefield

StrictlyVC

Podcasts

Videos

Partner Content

TechCrunch Brand Studio

Crunchboard

reach Us

Lucid Motors hasofficiallystarted take orders for its electric Gravity SUV , a critically important vehicle that ’s supposed to go into production by the death of this year . Interested emptor can now put $ 1,000 refundable deposits on the “ Grand Touring ” trim , which starts at $ 94,900 , on the company ’s website .

standardised to the caller ’s current model , the Air sedan , the Gravity is a more - than - open electrical fomite . The society assure it can travel more than 440 miles on a full battery . That barrage fire delivers power to two electrical motor that put down the equivalent of 828 horsepower . It should be more functional than the Air , too , as it comes standard with two rows of seats and can be optioned up to three .

The launch of the Gravity is crucial to Lucid ’s survival . While it has been able to increase sales of its Air sedan chair in the last few quarters byslashing pricesand launching a cheaper trimming , Lucid is stillway off of the sales figuresit originally projected when it went public in a $ 4 billion reverse merger in 2021 . As a result , Lucid hasrepeatedly gone backto majority owner Saudi Arabia to add together more funding to its state of war chest this year .

The Gravity comes in an SUV form factor that is far more attractive to North American vendee , which could further overall sales . But the more low-priced “ Touring ” version , which starts at $ 79,900 , wo n’t be available until “ tardy 2025 . ” And the Ground Touring version can quickly zoom past the $ 94,900 poser price , as car reviewer Kyle Connerrealizedshortly after Lucid launched the Gravity SUV configurator on Thursday .

Affordability has been one of the enceinte challenges for Lucid , especially because its vehicles are not eligible for the point - of - sale Union EV revenue enhancement credit because they are too expensive . The company ’s vehiclesareeligible for a $ 7,500 tax quotation that can be applied to letting . Of course , that is contingent onthe federal taxation acknowledgment survivingwhen President - elect Donald Trump lease place next year .