Close Menu
    What's Hot

    South Dakota just approved its largest wind farm ever

    February 17, 2026

    Tesla Begins Cybercab Production. Now Comes The Hard Part

    February 17, 2026

    Nio sees new single-day battery swap service record during peak travel period in China

    February 16, 2026
    Facebook X (Twitter) Instagram
    Intelligent EV News
    Facebook X (Twitter) Instagram YouTube
    • Home
    • EV Cars
    • Best EV Cars
    • EV Reviews
    • EV Models
    • EV Cars News
    • About us
    Intelligent EV News
    Home»EV Cars News»Lucid’s $50,000 Tesla Model 3, Model Y Competitor Underway Now
    EV Cars News

    Lucid’s $50,000 Tesla Model 3, Model Y Competitor Underway Now

    adminBy adminJanuary 26, 2024No Comments5 Mins Read
    Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Email
    Share
    Facebook Twitter Pinterest Reddit WhatsApp Email


    This week, Lucid Motors unveiled its expanded factory, called AMP-1 in Casa Grande, Arizona. The addition brings the factory size from 800,000 square feet to over 3.8 million, adding a whole new production line meant to produce the forthcoming Gravity EV crossover. Of course, that was the main draw here. But amid the speeches from Lucid executives and hobnobbing amongst Arizona politicians, Lucid itself slipped another piece of information out about its next project, in a blink-and-you’ll-miss-it style teaser in a presentation given by CEO Peter Rawlinson.

    Lucid’s once-rumored midsize car project is coming pretty soon, a fact confirmed by two of the biggest people in the brand’s leadership. “This is very real, this isn’t some [theoretical], we-might-be-working-on-something-soon. No, we’ve been working on midsize for quite a while,” Rawlinson said.

    Get Fully Charged

    Lucid’s expansion plans

    Lucid’s EV tech is extremely impressive (and so is the Air’s range), but the startup had an up-and-down sales year in 2023 and often found itself facing intense cash burn. But the new Gravity SUV will help get more Lucid EVs on the road, as will this new midsize car—both of which the company needs for future survival.

    The Lucid midsize project is extremely important. Currently, its lineup consists of the Air sedan—by all accounts, one of the best EVs on the market—but given its large sedan form factor and a price tag that can reach well into the six-figure range, its market is somewhat limited. 

    People are desperate for more reasonably priced EVs, especially if they’re crossover-shaped. Likewise, Lucid desperately needs to get volume.

    The midsize project, which has a targeted starting price of $50,000, should be the car to do just that. Think of this as a Tesla Model 3 or Model Y competitor, albeit marginally more expensive than the Model 3’s current $38,990 base price.

    Until now, project midsize was mostly limited to semi-confirmed rumors, vague statements, and social media rumblings. Yet, during one of Rawlinson’s speeches at Lucid’s factory expansion ribbon cutting, an untitled slide with a veiled silhouette was shown to the audience. There’s not much to ascertain from the silhouette, the car is a two-box design, but it’s not clear if it’s a crossover, hatchback, or some mixture that straddles the two.

    2022 Lucid Air Grand Touring: Motor1.com Star Awards

    Lucid senior vice president of design and brand Derek Jenkins, did confirm that work was actively underway. “We’ve got to get [the Gravity] on the road first, but we’re able to finally work on multiple [vehicle] programs, in sync,” Jenkins said.

    Jenkins told us that he’s spent the last 18 months working on Lucid’s midsize program. “The midsize program is going to the beneficiary, of all the learnings of efficiency, performance, space, packaging, performance, and amazing experiences that have gone into the [Gravity and Air], and we’re going to bring all that learning down to a more mainstream, accessible product priced at the sweet spot of the market,” he continued.

    All of these statements track with past claims Lucid executives have made—including to InsideEVs—about the brand wanting to go for more volume and mass appeal. In an interview last November, Jenkins even said the company is “not just here to make luxury vehicles.”

    Lucid Gravity Prototype Front Factory

    Similarly, Rawlinson also confirmed that he was deeply involved in the process of Lucid’s midsized car. Rawlinson said that the vehicle’s final styling wasn’t confirmed, but Lucid’s engineering teams as well as its design and styling studio were working on the project. Rawlinson told us that he too has done design reviews of clay models and prototypes with Lucid’s design team, as recently as a few weeks prior to the Lucid factory expansion ribbon-cutting.

    Although Rawlinson and Jenkins were adamant that they’re hard at work on that next model, neither would give an exact date as to when we can expect to see the fruits of Lucid’s labor. However, a conversation with Rawlinson does give us an idea of when we can expect something, provided we do the math.

    “It takes about three-and-a-half years to do a car… that’s how long the Tesla Model S took, the Air was a little shorter because we really, really pushed, but that’s how long the Gravity took, and the midsize is about that as well,” said Rawlinson, who served as that Tesla’s chief engineer.

    LM23_01C_Gravity_8R0A8968_3qtr_front_srgb

    40 Photos

    Rawlinson wouldn’t outright confirm anything, but he did say that some estimates in the media were closer than others. “The tooling to make the stampings, you’ve got to allow 15 to 16 months for those things to be made, so you’ve got to release the final design at least 15 to 16 months before you can make it,” Rawlinson said.

    The car’s design hasn’t been finalized, according to Rawlinson, but if the brand is sticking to its three-ish year timeline, the design is likely close to finished. If Jenkins has been working on the car for 18 months, and Rawlinson says it takes roughly three and a half years to fully develop a car, that would put Lucid’s midsize car on roads sometime next summer, at the very earliest.

    Of course, we’ll likely see some sort of teaser before the car officially goes on sale, perhaps by the end of this year. 

    Contact the author: kevin.williams@insideevs.com

    correction 1/26/2024 11:11AM – Lucid AMP-1 factory edited to 3.8 million square feet, from 2.8 million.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email
    Previous Article2024 Subaru Solterra EV charges faster, goes hands-free
    Next Article Fully-Loaded Porsche Macan Electric Can Cost Over $160,000
    admin
    • Website

    Related Posts

    Tesla Begins Cybercab Production. Now Comes The Hard Part

    February 17, 2026

    Volvo Can Finally Build A Proper Electric Wagon. Here’s Why

    February 11, 2026

    Why Slate’s CEO Isn’t Too Worried About Cheap Chinese EVs

    February 5, 2026

    Volvo’s CEO Thinks The U.S. Market Is ‘Perfect’ For EVs. He Has A Point

    January 30, 2026

    BMW Is Building A Long-Wheelbase iX3 In China

    January 24, 2026

    Canada’s Tariff Cut Just Made This High-Tech Chinese EV 50% Cheaper 

    January 18, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Latest Posts

    VW Sportline is the electric GTi the ID.Buzz SHOULD have been

    February 5, 20261 Views

    Why Slate’s CEO Isn’t Too Worried About Cheap Chinese EVs

    February 5, 20261 Views

    CATL’s sodium-ion batteries begin deployment in production-ready passenger vehicles

    February 5, 20261 Views

    Volvo’s CEO Thinks The U.S. Market Is ‘Perfect’ For EVs. He Has A Point

    January 30, 20261 Views

    Gotion previews net income more than doubling in 2025, benefiting from stake in Chery

    January 30, 20261 Views

    GWM previews 21.71% net income decline in 2025

    January 30, 20261 Views
    Don't Miss
    EV Reviews

    The 2026 Lotus Emira Is Better. But It’s Also Pricier

    By adminAugust 1, 2025

    Lotus announced several updates to the 2026 Emira back in June. The automaker made the…

    GWM sells 104,372 cars in Jul, with NEVs contributing 33%

    August 1, 2025

    Automakers’ NEV market share in China in 2023: BYD 35%, Tesla 7.8%, Nio 2.1%

    January 10, 2024
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    • LinkedIn

    Subscribe to Updates

    Get the latest on EVs and everything you want to know on what's happening in Electric Car's world. Updated delivered straight to your mailbox. Subscribe to our newsletter.

    Our Picks

    Watching Wonder Woman 1984 with an HBO Max Free Trial?

    January 13, 2021

    Wonder Woman Vs. Supergirl: Who Would Win

    January 13, 2021

    PS Offering 10 More Games for Free, Including Horizon Zero

    January 13, 2021

    Can You Guess What Object Video Game Designers Find Hardest to Make?

    January 13, 2021
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    EV Cars

    South Dakota just approved its largest wind farm ever

    By adminFebruary 17, 2026

    Photo by 정규송 Nui MALAMA on Pexels.com South Dakota just approved what will become its…

    Tesla Begins Cybercab Production. Now Comes The Hard Part

    February 17, 2026

    Nio sees new single-day battery swap service record during peak travel period in China

    February 16, 2026

    Volvo Can Finally Build A Proper Electric Wagon. Here’s Why

    February 11, 2026
    About Us
    About Us

    Intelligent Ev News your go-to source for the latest news and insights on electric vehicles(EVs). Whether you're a car enthusiast or just curious about the future of transportation, we have you covered with up-to-the-minute coverage of the electric vehicle industry.

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    Our Picks

    South Dakota just approved its largest wind farm ever

    February 17, 2026

    Tesla Begins Cybercab Production. Now Comes The Hard Part

    February 17, 2026

    Nio sees new single-day battery swap service record during peak travel period in China

    February 16, 2026
    GAllery

    Type above and press Enter to search. Press Esc to cancel.

    Ad Blocker Enabled!
    Ad Blocker Enabled!
    Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.