The company hasn't revealed when they'll launch their smaller EVs, which will target a $50k starting price car auto cars
which are expected to be updated soon. Lucid targets a starting price of around $50k, or “maybe $48k”. This would be on par with the Tesla Model 3/Y and the Ford Mustang Mach-E rivals which are currently priced from around $47k in the US. Another contestant is the upcoming
set to be priced between $40-60k when it goes on sale in 2026. However, unlike Rivian, Lucid has not given us a timeline for the development and reveal of their next EVs.When asked about the possibility of right-hand-drive versions of Lucid EVs, the CEO admitted “they are slammed” with the upcoming releases of the Air Sapphire flagship sedan and the Gravity SUV.
Lucid’s CEO believes that smaller battery packs are the answer for an affordable $25k vehicle, as the EVs of the future will “only need 250 miles” of range. He said that if the efficiency of the cells improves from today’s 4,6 to 6 miles/kW, then a cheaper-to-manufacture 25kWh battery pack would offer a 150-mile range.
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