Lucid Deliveries Up 51% In January, Here's How Many Gravity SUVs Sold In First Full Month

Lucid Group, Inc. (LCID) reported a significant increase in deliveries for January 2025, with a 51% year-over-year (YoY) increase compared to January 2024. The company sold a total of 665 vehicles last month, with 615 of those being the popular Lucid Air sedan and the remaining 50 being the newly launched Lucid Gravity SUV. This strong performance marks the fourth consecutive quarter of annual sales growth for Lucid in the US and sets the stage for a promising 2025.



The introduction of the Lucid Gravity SUV in December 2024 has undoubtedly contributed to the company's impressive sales growth. In its first full month on the market, the Gravity SUV accounted for 7.5% of Lucid's total sales, demonstrating strong customer demand for the new model. The Gravity SUV is priced competitively, with the Grand Touring trim starting at $94,900 and the lower-priced Touring trim expected to start at $79,900 later in 2025. This pricing strategy positions the Gravity SUV to compete directly with other luxury electric SUVs like the Tesla Model X and Rivian R1S.



Lucid's success in the luxury electric vehicle (EV) market can be attributed to several factors, including the company's focus on innovation, quality, and customer satisfaction. The Lucid Air sedan, for instance, has received critical acclaim for its advanced technology, sophisticated design, and unrivaled energy efficiency. The Gravity SUV, with its spacious interior and robust performance, is expected to build on this success and further solidify Lucid's position in the luxury EV market.



In conclusion, Lucid's impressive sales growth in January 2025, driven by the launch of the Gravity SUV and strong demand for the Lucid Air sedan, sets the stage for a successful 2025. As the company continues to innovate and expand its product portfolio, investors can expect Lucid to maintain its competitive edge in the luxury EV market.