Lucid Motors Expands Electric Vehicle Lineup with the Long-awaited “Gravity” SUV, Pushing Boundaries in Range and Performance
Lucid Motors, the emerging electric vehicle maker based in California, has attracted immense investor attention, as its innovative range of luxury electric vehicles is ready with its new all-electric SUV called the Gravity. The Gravity is a landmark in Lucid’s journey to challenge the incumbents, especially Tesla, promising to provide an attractive long-range SUV with a 500-mile range per charge.
Lucid Motors has fine-tuned Gravity as a luxury, sustainable, and high-performance vehicle based on the Lucid Air sedan to create an electric dream car. The new model raises the bar for design and engineering, introducing new improvements in battery systems, handling, and sustainability.
Electric Vehicle Market Size
As highlighted in a recent Precedence Research report on the global electric vehicle market size accounted for USD 317.26 billion in 2024 and is predicted to increase from USD 393.42 billion in 2025 to approximately USD 2108.80 billion by 2033, progressing a remarkable CAGR of 23.42% from 2024 to 2034.
Lucid Motors has made itself competitive in the sphere of luxury electric vehicles, and Gravity has helped it aggressively expand across the world. Given the high demand for high-end electric SUVs, North America, Europe, and China were identified as key markets for this line of products. Additionally, for speedy growth, Lucid intends to expand production in the new plant in Arizona to up to 90,000 cars a year by 2025.
Lucid’s CEO, Peter Rawlinson, highlighted the company’s ambitious roadmap: “With the Gravity SUV, we are not just adding another vehicle to our lineup—we are redefining what luxury, performance, and sustainability can achieve in the electric SUV market. This vehicle embodies everything we stand for at Lucid.”
Based on industry surveys, the luxury EVs market is expected to reach 1.8 million unit sales by 2027 for this market segment, with a CAGR of 20%. Having the Gravity SUV, Lucid is ready to grab a significant portion of this segment.
Electric Car Sales in 2022 and 2023 with Growth
| Year | Sales (Million Units) | Growth Rate (%) |
| 2022 | – | – |
| 2023 | 3.5 | 35% |
Apart from targeting the manufacture of cars, Lucid Motors consistently aims to solve the problem of charging infrastructure by establishing charging points for EVs. The company aims to have 3,000 new fast-charging stations, primarily in Europe and North America, by 2026 to improve charging for long-distance travelers.
Lucid is also developing solid-state batteries to be the next big thing in electric vehicle development. With values such as higher energy density, faster charging time, and reduced weight than conventional lithium-ion batteries, solid-state batteries provide an opportunity for Gravity and other similar commercial EVs to strike a winning balance between power and distance.
Battery Energy Density Comparison: Solid-State vs. Lithium-Ion
| Battery Type | Energy Density (Wh/kg) | Charging Time (0-80%) | Estimated Lifespan (Years) |
| Solid-State Battery | 500 | 20 minutes | 15-20 |
| Lithium-Ion Battery | 250 | 30-40 minutes | 10-15 |
Furthermore, Gravity, Lucid Motors has reaffirmed its place as a premium EV manufacturer that caters to one of the hottest markets associated with battery electric vehicles today.
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Aditi, a powerhouse in the world of market research with over 14 years of experience, driving insightful narratives for the rapidly evolving electric vehicle (EV) industry. With a sharp eye for detail and an innate ability to decode trends across multiple sectors, Aditi is more than just an expert—she's a trendsetter. Her special interest in the ICT and automotive industries, combined with cross-domain expertise, allows her to approach EV news from a fresh, multifaceted perspective.
Aditi’s writing doesn’t just inform, it engages. She brings the technical world of EVs to life with clarity and vision, making complex trends digestible for professionals and curious readers alike. Her years of market research mean she’s always one step ahead, identifying the hidden shifts that shape the future of mobility. Whether it's the latest technological breakthroughs in battery innovation, or the impact of ICT developments on the automotive supply chain, Aditi ensures her readers are never in the dark.
