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Lucid's Upcoming Midsize Car Targets $48,000 Price, CEO Says
The mysterious smaller Lucid is slated to start production in late 2026.
Lucid Motors' upcoming midsized vehicle will cost about the same as a Tesla Model Y Long Range, the EV startup's CEO and CTO Peter Rawlinson reaffirmed on a call Monday evening. The startup produces an amazingly impressive sedan called the Air, but it's on the pricy side and hasn't sold in the kind of numbers Lucid expected. It and the midsized platform are what's standing between Lucid being a niche maker of luxury cars that loses money and a significant player moving real volume.
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