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Lucid Group on Wednesday introduced the opening of its second manufacturing stage at its meeting plant in Casa Grande, Arizona—setting the stage for ramping up manufacturing of the Gravity electrical SUV later this yr.
Whereas the second manufacturing stage will assist permit increased manufacturing ranges of its Gravity, in addition to the Air electrical sedan, it additionally teased what that second stage will assist allow sooner or later—a considerably smaller electrical SUV, possible in regards to the dimension of the Tesla Mannequin Y, known as “Venture Midsize,” proven in a presentation on the manufacturing facility occasion.
That is the Lucid ‘Venture Midsize’, the third #EV @LucidMotors expects to launch … after the Gravity SUV, for which deliveries are to start late this yr.
Per CEO Peter Rawlinson, engineering prototypes exist already. It’s going to be Lucid’s Mannequin Y, when you like. No timing mentioned. pic.twitter.com/D6MsGa99O2
— John ‘legacy blue examine’ Voelcker (@johnvoelcker) January 24, 2024
Goals to create lower-priced, midsize fashions has been steered in Lucid’s shareholder deck for a while, in addition to alluded to by CEO Peter Rawlinson.
And inside just a few years it’d go hand-in-hand with Lucid’s growth. In line with Lucid, the three million-square-foot manufacturing facility and warehouse will convey a basic meeting line, expanded physique and paint retailers, a logistics heart, cost-cutting vertically built-in stamping, and extra, in addition to an expanded powertrain facility.
Lucid Gravity
Final June, Lucid inked a provide settlement with Aston Martin that can pair its “innovative powertrain expertise” with Mercedes’ digital structure in a new-future household of electrified fashions from the storied British model.
Lucid up to now has been a distinct segment producer and hasn’t ramped up manufacturing fairly as quickly because it initially steered. Earlier this month it confirmed that it had delivered 1,734 autos in This autumn of 2023, with a manufacturing of two,391 autos for the quarter. That quantities to a 2023 complete of 6,001 deliveries and eight,428 autos produced.
2023 Lucid Air Touring
The sluggish takeoff seems doubtlessly associated to demand for its Air sedan, and in latest months Lucid has lowered the worth.
In the meantime, as Tesla on the identical day touted, the Mannequin Y is the bestselling automobile on this planet—sedan or SUV, electrical or gasoline. The dimensions and worth of the Mannequin Y, well-suited to markets world wide, have arguably been as a lot of a key to the Y’s success because the Tesla badge.
If Lucid can ship its Tesla-beating effectivity and vary to a Mannequin Y–sized automobile, it could virtually actually be a compelling if not game-changing automobile. However with no timeline supplied as of but, merely keep tuned.
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