Lucid Unveils First Midsize EV Prototypes, Targeting $50K Price Point

Daily Car

30/01/2026

Lucid Motors has officially completed the first prototypes of its highly anticipated midsize electric vehicle platform, a crucial step towards the company's goal of achieving scalable and profitable production. While specific details and styling remain under wraps, Lucid's Head of Communications, Nick Twork, confirmed that these new EVs will carry the brand's signature DNA, emphasizing space efficiency, driving dynamics, and impressive range, all while boasting significantly improved manufacturability and a more competitive cost structure.

Key Takeaways

First prototypes of Lucid's midsize EV platform are complete.
The new platform prioritizes lower costs and enhanced manufacturability.
Production is slated for late 2026, aiming for high-volume scale.
Pricing is expected to start around $50,000.

A New Era for Lucid

This development marks a pivotal moment for Lucid, a company that has already established itself as an engineering powerhouse with its premium Air sedan and Gravity SUV. However, the challenge has always been translating that engineering prowess into profitable, large-scale manufacturing. The midsize platform is designed to address this directly, with a focus on "dramatically improved manufacturability and cost structure," according to Twork. He also teased that the final products "are going to surprise people."

Scalability and Affordability

Lucid has confirmed that the new platform will support three distinct body styles, none of which will be sedans, allowing for greater market penetration and scalability than the current Air and Gravity models. The emphasis on simplified manufacturing is key to Lucid's long-term viability, aiming to retain its signature advantages while significantly reducing production costs. This strategic shift could provide the brand with the foothold it desperately needs in the competitive EV market.

Timeline and Competition

Production for Lucid's midsize EV is currently scheduled to begin in late 2026. This places it in direct competition with other upcoming affordable EVs, such as the Rivian R2, which is expected to launch earlier. The fact that Lucid has yet to fully unveil the vehicle suggests there is still considerable work to be done before its market debut. With an anticipated starting price of around $50,000, Lucid aims to attract a broader customer base.

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