LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Lucid’s (LCID) first $50,000 midsize EV is coming together at just the right time

Robert Frost by Robert Frost
January 28, 2026
in Industries
Lucid’s (LCID) first ,000 midsize EV is coming together at just the right time
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter



With production set to begin later this year, Lucid Motors (LCID) has built the first prototypes for its midsize EV. The new models will start at around $50,000 as Lucid expands into new segments.

Lucid builds the first midsize EV prototypes

After overcoming the production hurdles that hampered production of its first SUV, the Gravity, Lucid is preparing to introduce its long-awaited midsize EV platform.

You might also like

The Bronx will be breathing a little easier with new Volvo VNR Electric

Act fast: all-new, all-electric 2027 BMW iX3 is almost all gone

Sales of the ultra-fast Xiaomi SU7 Ultra have ultra-plummeted to under 50 units

We knew it would underpin at least a few vehicles after Lucid told Electrek back in 2024 that the platform would wear at least three “top hats,” or different models.

During a fireside chat at the UBS Global Industrials and Transportation Conference, Lucid’s CFO, Taoufiq Boussaid, said the three midsize EVs would be positioned in “the heart of the market,” starting at around $50,000.

Advertisement – scroll for more content

The first of which will be a crossover SUV. Lucid previewed the new midsize SUV last year with a design similar to the Gravity, but with a sloped rear roofline, giving it an almost coupe-like feel.

Spent time in our prototype build area today watching the first full Lucid midsize vehicles come together. Same Lucid DNA as Air and Gravity – space, efficiency, dynamics, and range – paired with dramatically improved manufacturability and cost structure. These are going to… pic.twitter.com/3K4qQ7b3oC

— Nick Twork (@ntwork) January 23, 2026

According to Lucid’s communication boss, Nick Twork, the first full midsize prototypes have been built. Twork posted on X, saying he “Spent time in our prototype build area today watching the first full Lucid midsize vehicles come together.”

The midsize EVs will share the same Lucid DNA as the Air and Gravity, such as space, efficiency, dynamics, and range, but in a more affordable package, Twork explained.

Twork’s comments mirror Boussaid’s remarks last month. Although the midsize EVs are aimed at a different market, they will “remain a premium product” because that’s what sets Lucid apart.

Lucid-first-midsize-EV
Lucid midsize electric SUV teaser image (Source: Lucid)

Unlike the Air and Gravity, the new models will be built on the back of a platform, enabling Lucid to cut costs while making it easier to scale.

Lucid plans to begin production of the midsize platform at its manufacturing plant in Saudi Arabia toward the end of this year or in early 2027. In 2029, it is expected to be at full capacity.

Following the crossover, the second midsize model will be a more rugged SUV that takes influence from the Gravity X Concept. Although the third has yet to be confirmed, it is rumoured to be a midsize sedan to rival the Tesla Model 3.

Lucid-first-$50,000-EV
The Lucid Gravity X (Source: Lucid)

We will learn more during Lucid Investor Day on March 12, where the company will “go deep on our roadmap, core tech platforms, software and autonomy advancements, and how our midsize platform will unlock the next phase of Lucid’s growth,” Twork said.

The new midsize models are coming at a crucial time as Lucid aims to enter its next growth phase. After overcoming production hurdles in the first half of 2025, Lucid ramped up output in the final few months of the year to hit its goal of producing 18,000 vehicles.

Lucid produced a record 8,412 EVs in Q4, bringing its 2025 total to 18,378, more than double the roughly 9,000 it made in 2024. The upcoming midsize models, starting at around $50,000, will help Lucid tap into a new market of buyers.

Add Electrek as a preferred source on Google
Add Electrek as a preferred source on Google

FTC: We use income earning auto affiliate links. More.





Source link

Share30Tweet19
Previous Post

A compelling chart pattern is emerging in this railroad stock

Next Post

Fed holds interest rates steady: What that means for mortgages, credit cards and loans

Robert Frost

Robert Frost

Jutawantoto Jutawantoto Jutawantoto Jutawantoto Berita Terbaru Hari

Recommended For You

The Bronx will be breathing a little easier with new Volvo VNR Electric
Industries

The Bronx will be breathing a little easier with new Volvo VNR Electric

February 1, 2026
Act fast: all-new, all-electric 2027 BMW iX3 is almost all gone
Industries

Act fast: all-new, all-electric 2027 BMW iX3 is almost all gone

January 31, 2026
Sales of the ultra-fast Xiaomi SU7 Ultra have ultra-plummeted to under 50 units
Industries

Sales of the ultra-fast Xiaomi SU7 Ultra have ultra-plummeted to under 50 units

January 31, 2026
Texas Chevy dealer still lists a 2023 Bolt in inventory – and wants K over MSRP
Industries

Texas Chevy dealer still lists a 2023 Bolt in inventory – and wants $13K over MSRP

January 31, 2026
Next Post
Fed holds interest rates steady: What that means for mortgages, credit cards and loans

Fed holds interest rates steady: What that means for mortgages, credit cards and loans

Related News

Coroner to rule on second inquest into death of Yousef Makki

Coroner to rule on second inquest into death of Yousef Makki

October 25, 2023
Mipim organisers name director for UK & Ireland

Mipim organisers name director for UK & Ireland

September 8, 2023
Bybit hack: ‘Reckoning’ that led SafeWallet to rearchitect its systems

Bybit hack: ‘Reckoning’ that led SafeWallet to rearchitect its systems

November 7, 2025

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • jutawantoto
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?