After launching its first electrical SUV in December, Lucid’s (LCID) US gross sales climbed 51% final month from a yr in the past. In response to a brand new report, Lucid bought 50 Gravity fashions in its first month available on the market.
Lucid Gravity boosts EV gross sales larger in January 2025
After 4 straight quarters of annual gross sales development within the US final yr, Lucid seems to be to be off to a powerful begin in 2025. In response to gross sales information from Motor Intelligence launched on Monday, Lucid bought 665 automobiles final month, up 51% from January 2023.
The info 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 yr, they have been nonetheless decrease than the file 780 automobiles bought in December.
Like most automakers, Lucid’s gross sales fell sequentially as a result of typical seasonal traits. Ford, Hyundai, Honda, Kia, and others reported larger 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 could actually 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 on the market to order, beginning at $94,900. Later this yr, Lucid will launch the lower-priced Touring mannequin, which is able to begin at $79,900.
Lucid Air homeowners can even be capable of 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 beneath $2.00 per share in December. Nevertheless, 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 increase gross sales this yr, 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 yr, its first annual gross sales drop.
Will Lucid and others slender the hole with Tesla this yr? Tell us what you suppose within the feedback under.
Supply: Motor Intelligence
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