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. In accordance with a brand new report, Lucid offered 50 Gravity fashions in its first month available on the market.
Lucid Gravity boosts EV gross sales increased in January 2025
After 4 straight quarters of annual gross sales progress within the US final 12 months, Lucid seems to be off to a robust begin in 2025. In accordance with gross sales information from Motor Intelligence launched on Monday, Lucid offered 665 automobiles final month, up 51% from January 2023.
The info exhibits 615 Lucid Air sedans have been offered, 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 automobiles offered in December.
Like most automakers, Lucid’s gross sales fell sequentially on account of typical seasonal traits. Ford, Hyundai, Honda, Kia, and others reported increased 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 offered 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 will 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 on the market 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 house owners can even have the ability to cost up at Tesla’s Supercharging community quickly. The corporate mentioned it expects Air house owners will achieve entry in Q2 2025.
Lucid’s inventory is up over 45% after hitting a brand new low of below $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 anticipated 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’s going to 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 suppose within the feedback under.
Supply: Motor Intelligence
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