# Latest Lucid News
– **Lucid Gravity Testing at Nürburgring** – Lucid Motors’ Gravity SUV has been spotted testing at the Nürburgring track in Germany, as shown in a video by YouTube channel StateSideSupercars. The testing continues as Lucid ramps up production of its second vehicle model following its late 2023 unveiling at the Los Angeles Auto Show.[1]
– **Gravity Production and Deliveries Update** – Customer deliveries of the Lucid Gravity began in the United States last month, though only 35 units were registered in March and April combined. The company has faced some supply chain bottlenecks affecting the timeline, but interim CEO Marc Winterhoff stated they have “line of sight to resolving the bottlenecks in Q2” with broader production ramp-up expected soon.[1]
– **Financial Performance** – Lucid’s Q1 2025 revenue increased 36% year-over-year to $235 million. The company’s stock jumped 5.4% following the Gravity SUV launch, reaching $2.84, though the stock has lost more than 80% of its value since going public in 2021.[3]
Lucid’s Gravity SUV represents a significant expansion of the company’s product line beyond its original Air sedan. Priced from $79,900, the three-row electric SUV offers a 440-mile range and is positioned as a direct competitor to Tesla’s Model X.[3] The top-tier Dream Edition has already begun deliveries, while the Grand Touring trim starts just under $95,000 excluding fees.[1]
The company has ambitious plans, aiming to double production to 20,000 vehicles in 2026 and introduce sub-$50,000 mass market models in 2026-2027.[3]
In international markets, Lucid has shipped more than 600 partially assembled Gravity SUVs to Saudi Arabia during the first quarter, which are completed at its AMP-2 facility in King Abdullah Economic City. European sales of the seven-seater SUV are expected to begin by mid-2025, with first deliveries anticipated in early 2026, though pre-orders remain unavailable across European markets including Germany, the Netherlands, Norway, and Switzerland.[1]
Saudi Arabia’s Public Investment Fund continues to be a key financial backer for Lucid Motors as it navigates the competitive electric vehicle market.[3]