Lucid’s next SUV will compete with Model Y!

A $50,000-rival to Model Y is coming from #Lucid!

Sadrettin Akpınar

January 29, 2024 8:52 AM
Last Update: January 30, 2024 4:39 PM

🟢American electric vehicle startup Lucid Motors announced that it has developed an SUV to rival the #Tesla Model Y, after the luxury sedan Air and SUV Gravity.

🚙The project has been working on for 18 months. It is expected to be completed next year and the ‘relatively’ cheap model worth $50,000 dollars will come to light in the second half of 2025.

🏭 Lucid expansion plan has been approved to increase its factory in Arizona by 5 times. The company also produces in Saudi Arabia. The company, of which the Saudi Wealth Fund is the largest investor, states that it will not be a luxury vehicle-focused brand and plans to increase its sales volume with mainstream models.


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