NEWARK,
Calif., Jan. 28, 2025 /PRNewswire/ -- Lucid Group,
Inc. (NASDAQ: LCID), maker of the world's most advanced electric
vehicles, today announced details about the Lucid Gravity's highly
innovative powertrain and charging technology that set it apart as
both a daily driver and a road trip vehicle, including a NACS
charging port for easy and fast charging. From January 31st, Lucid Gravity gains wide
access, with no adapter necessary, to the Tesla Supercharger
network, the most available and convenient charging network in the
US and Canada.
"Lucid Gravity is the first SUV that truly compromises nothing,"
said Peter Rawlinson, CEO of Lucid.
"It reimagines what an SUV can be, offering an unprecedented
combination of comfort and space, ride and handling, practicality
and range, and with today's announcements, exceptional charging
performance and convenience. With seating for up to seven full-size
adults and space for their luggage, the Lucid Gravity truly is the
ultimate vehicle for the whole family."
"Lucid Gravity offers next-level fast charging speeds and
seamless access to the top charging networks including Tesla
Superchargers and Electrify America," said Emad Dlala, VP of
Powertrain at Lucid. "To enable this experience for our customers,
we developed new, unique technology to allow the 926V Lucid Gravity
to charge seamlessly at up to 400 kW on 1000V charging equipment
and at sustained speeds of up to 225 kW on 500V architecture fast
chargers, including Tesla V3 Superchargers."
To enable this superlative charging performance, Lucid developed
and patented an innovative technology employing its proprietary
rear motor drive unit to boost the charging voltage of 500V to
match the 926V of the Lucid battery pack. Unlike the pack splitting
solutions used by some competitors, this high-tech solution permits
charging with the highest voltage that a charging station is
capable of outputting and therefore enables the efficient
utilization of electrical current and consequent reduction of cable
heat. This novel technology allows full compatibility with 500V and
1000V charging networks, offering Lucid Gravity customers maximum
charging speed on whatever charger is most accessible. At peak
charging rates, the Lucid Gravity sustains a robust charging curve,
adding 200 miles in less than 12 minutes.
After delivering the first production vehicles to customers in
December 2024, the Lucid Gravity
became the first non-Tesla to be sold with a NACS charge port. On
the Lucid Gravity, this charge port is located on the rear driver's
side of the vehicle for easy access to V3 and V4 Tesla
Superchargers where it will charge natively on the fast-growing
range of new generation 1000V NACS chargers. CCS1 to NACS and
SAE J1772 to NACS adapters are also included with the Lucid
Gravity, and the CCS1 adapter is the first rated to charge at 500A
with 1000V. The adapter enables charging at up to 400 kW through
the standard NACS connector in Gravity with a CCS1 connector at a
fast charger.
Next-Generation Powertrain
A new high-performance 926V powertrain platform is the
foundation of the Lucid Gravity's innovative charging technology,
which enables fast and seamless charging, achieving speeds up to
400 kW with a compact 123 kWh battery. An advanced cooling system
with increased thermal capacity enables sustained higher-power
charging performance, long distance towing endurance, and
repeatable hot and cold-weather performance. This performance is
further bolstered by a new Panasonic battery cell, which has
chemistry enhancements developed through close collaboration
between Lucid and Panasonic. Combined with Lucid's proprietary
drive units, a low 0.24 coefficient of drag, and Lucid's
approach to ground up systems integration, this results in up to
450-miles of EPA-estimated rangei, with extremely fast
charging capability and a long service life.
Lucid Gravity is capable of bi-directional charging, supporting
up to 80 A at 19.2 kW with the NACS charge port. RangeXchange,
first available on Lucid Air, also enables charging another
electric vehicle directly via the NACS connector with an optional
RangeXchange cable.
Lucid Gravity is available to order at Lucidmotors.com/gravity.
Touring models are planned to be available to order in late 2025
from $79,900 i and
Grand Touring is available to order now from $94,900.i
Furthermore, in addition to the Lucid Gravity, access to the
Tesla Supercharger network for Lucid Air is planned for Q2 2025,
with more information to follow.
About Lucid Group
Lucid (NASDAQ: LCID) is a Silicon
Valley-based technology company focused on creating the most
advanced EVs in the world. The award-winning Lucid Air and new
Lucid Gravity deliver best-in-class performance, sophisticated
design, expansive interior space and unrivaled energy efficiency.
Lucid assembles both vehicles in its state-of-the-art, vertically
integrated factory in Arizona.
Through its industry-leading technology and innovations, Lucid is
advancing the state-of-the-art of EV technology for the benefit of
all.
Forward-Looking Statements
This communication includes "forward-looking statements" within
the meaning of the "safe harbor" provisions of the United States
Private Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
"estimate," "plan," "project," "forecast," "intend," "will,"
"shall," "expect," "anticipate," "believe," "seek," "target,"
"continue," "could," "may," "might," "possible," "potential,"
"predict" or other similar expressions that predict or indicate
future events or trends or that are not statements of historical
matters. These forward-looking statements include, but are not
limited to, statements regarding plans and expectations with
respect to Lucid Gravity, including the features and capabilities
of its powertrain and charging technology, as well as the
anticipated timing for its future trim and starting price, plans
and expectations with respect to access to the Tesla Supercharger
network for Lucid Gravity and Lucid Air, and the promise of Lucid's
technology. These statements are based on various assumptions,
whether or not identified in this communication, and on the current
expectations of Lucid's management. These forward-looking
statements are not intended to serve as and must not be relied on
by any investor as, a guarantee, an assurance, or a definitive
statement of fact or probability. Actual events and circumstances
are difficult or impossible to predict and may differ from these
forward-looking statements. Many actual events and circumstances
are beyond the control of Lucid. These forward-looking statements
are subject to a number of risks and uncertainties, including those
factors discussed under the heading "Risk Factors" in Part II, Item
1A of Lucid's Quarterly Report on Form 10-Q for the quarter ended
September 30, 2024, as well as other
documents Lucid has filed or will file with the Securities and
Exchange Commission. If any of these risks materialize or Lucid's
assumptions prove incorrect, actual results could differ materially
from the results implied by these forward looking statements. There
may be additional risks that Lucid currently does not know or that
Lucid currently believes are immaterial that could also cause
actual results to differ from those contained in the
forward-looking statements. In addition, forward-looking statements
reflect Lucid's expectations, plans or forecasts of future events
and views as of the date of this communication. Lucid anticipates
that subsequent events and developments will cause Lucid's
assessments to change. However, while Lucid may elect to update
these forward-looking statements at some point in the future, Lucid
specifically disclaims any obligation to do so. These
forward-looking statements should not be relied upon as
representing Lucid's assessments as of any date subsequent to the
date of this communication. Accordingly, undue reliance should not
be placed upon the forward looking statements.
i U.S. market price. Excludes tax, title,
license, options, destination and documentation fees.
CONTACT: media@lucidmotors.com
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SOURCE Lucid Group
