After launching its first electrical SUV in December, Lucid’s (LCID) US gross sales climbed 51% final month from a 12 months in the past. Based on a brand new report, Lucid bought 50 Gravity fashions in its first month in the marketplace.
Lucid Gravity boosts EV gross sales greater in January 2025
After 4 straight quarters of annual gross sales development within the US final 12 months, Lucid appears to be like to be off to a robust begin in 2025. Based on gross sales information from Motor Intelligence launched on Monday, Lucid bought 665 autos final month, up 51% from January 2023.
The information reveals 615 Lucid Air sedans have been bought, whereas the brand new Gravity electrical SUV contributed one other 50 in gross sales. Lucid delivered the primary Gravity fashions in December 2024.
Though Lucid’s gross sales have been up from final 12 months, they have been nonetheless decrease than the document 780 autos bought in December.
Like most automakers, Lucid’s gross sales fell sequentially as a consequence of typical seasonal tendencies. Ford, Hyundai, Honda, Kia, and others reported greater YOY EV gross sales in January this week, however they have been additionally decrease than in December.
Lucid confirmed that Gravity drivers can now formally cost up at Tesla Superchargers. The Gravity was the primary non-Tesla bought with a local NACS port.
Powered by a brand new 926V powertrain, the Gravity can obtain charging speeds of as much as 400 kW. At peak charges, Lucid mentioned the electrical SUV can maintain “a sturdy charging curve,” claiming it might probably add 200 miles vary in lower than 12 minutes.
With a 123 kWh battery and Lucid’s superior powertrain tech, the Gravity has an EPA-estimated vary of 450 miles.
The Lucid Gravity Grand Touring trim is out there to order, beginning at $94,900. Later this 12 months, Lucid will launch the lower-priced Touring mannequin, which is able to begin at $79,900.
Lucid Air homeowners may even have the ability to cost up at Tesla’s Supercharging community quickly. The corporate mentioned it expects Air homeowners will acquire entry in Q2 2025.
Lucid’s inventory is up over 45% after hitting a brand new low of underneath $2.00 per share in December. Nonetheless, LCID shares are nonetheless down 10% over the previous 12 months and over 95% from their all-time excessive in 2021.
Electrek’s Take
Can Lucid sustain the momentum in 2025? Including the Gravity into the combo is predicted to assist enhance gross sales this 12 months, particularly with the extra reasonably priced Touring trim coming quickly.
The Gravity will compete with different luxurious electrical SUVs like Rivian’s R1S and Tesla Mannequin X. It should additionally rival the incoming Hyundai IONIQ 9 and Volvo EX90 three-row electrical SUVs.
Though Tesla doesn’t launch month-to-month US gross sales numbers, Electrek reported yesterday that the EV chief’s gross sales dropped by double-digits in California final 12 months, its first annual gross sales drop.
Will Lucid and others slim the hole with Tesla this 12 months? Tell us what you assume within the feedback under.
Supply: Motor Intelligence
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