What's Going On With Lucid Group Stock On Tuesday?

, Benzinga -  3:47 PM ET 4/15/2025 Company News

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Lucid Group Inc. ( LCID ) unveiled the 2026 Lucid Gravity SUV on Tuesday – a luxury three-row electric vehicle.

The 2026 Lucid Gravity Grand Touring starts at $94,900 now, and the Lucid Gravity Touring, priced at $79,900, is expected to arrive later in 2025.

The development occurred on the same day as interim CEO Marc Winterhoff told Reuters that while Lucid is affected by tariffs imposed under the Trump administration, the company is actively taking steps to lessen the impact.

Winterhoff noted that Lucid does not intend to raise vehicle prices and has secured deals with battery cell and graphite suppliers aimed at relocating production to the U.S, Reuters adds.

The company’s shares traded slightly lower on Tuesday.

Also Read: Lucid Wins Nikola Bankruptcy Auction, Buys Nikola Facilities for $30 Million To Boost US EV Production

In a press release, the company said that 2026 Lucid Gravity redefines expectations for electric SUVs, from industry-leading range to next-gen software.

It offers seating for up to seven adults, with class-leading legroom and flexible storage capacity.

In its seven-passenger form, the vehicle provides over 111 cubic feet of usable cargo space, and the five-passenger variant increases that to 120 cubic feet.

The Lucid Gravity Grand Touring boasts 828 horsepower and accelerates from 0 to 60 mph in just 3.4 seconds.

Lucid’s proprietary EV technology enables the Gravity to achieve up to 450 miles of EPA-estimated range.

A new charging innovation allows 200 miles of range to be added in under 11 minutes.

Thanks to Lucid's 926V powertrain architecture and voltage-boosting motor tech, the SUV has a built-in NACS charge port and is compatible with Tesla Superchargers and other networks.

Inside, the SUV features the Clearview Cockpit — a 34-inch curved 6K OLED display integrated with a redesigned steering wheel, complemented by an HD Pilot Panel and optional augmented reality head-up display. Powered by Lucid UX 3.0, the vehicle delivers a customizable, intuitive interface, with over-the-air updates ready to introduce future enhancements.

Price Action: LCID shares are trading lower by 0.74% to $2.511 at last check Tuesday.

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Photo: Shutterstock

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