Written by Cláudio Afonso | LinkedIn | X
EV maker Lucid Motors has begun taking orders for the Grand Touring variant of its Gravity SUV in Saudi Arabia, with prices starting at SAR 487,715 ($130,035). After beginning to accept orders in the U.S. and Canada, the company is now adding a third market, with orders in the UAE expected to open in the coming weeks.
The Grand Touring is available to order immediately in Saudi Arabia, while the lower-priced Touring variant will be “available to order soon,” the California-based company said.
Following the latest investment round, Saudi Arabia’s Public Investment Fund (PIF) holds a stake of over 60% in Lucid.
Lucid’s Saudi website notes that the SAR 487,715 starting price is “based on configurations expected to be available in June 2025,” cautioning that some features may be unavailable at launch, potentially affecting pricing and customization options.
The model’s launch strategy plans for the US, Canada and Middle East markets is to start producing the higher-end variant throughout 2025 and only start producing the $80,000 variant in “late 2025.”
The Grand Touring variant allows the EV maker to achieve higher margins in a year when it plans to double sales to more than 20,000 units.
For customers who aim to get the very first units in Saudi Arabia, the company states that currently available configurations for the Saudi market start at SAR 559,015 ($149,050) — including VAT, transportation fees, and documentation costs.
Lucid’s Vice President and Managing Director for the Middle East, Faisal Sultan, said last month the company is “on track to produce over 10,000 vehicles annually” in Saudi Arabia. He added that production schedules would be adjusted based on overseas demand.
Just before the year’s end, electric vehicle maker Lucid Motors began delivering its second model, the Gravity SUV, to employees, friends, and families, while customer deliveries in the U.S. are planned to start over the next few weeks. European deliveries are planned to start in early 2026.
Lucid Motors, the California-based electric vehicle (EV) maker, opened its first manufacturing plant outside the United States in September 2023 in Saudi Arabia. The facility began operations with Semi-Knocked Down (SKD) assembly, relying on vehicle kits pre-manufactured at its primary factory in Arizona.
In January 2024, the company initiated efforts to transform the plant into a Complete Build Unit (CBU) facility. Lucid has been recognized as a “Saudi Made” company earlier this month under the kingdom’s industrial program.
The company has been preparing to expand its presence in the Middle East, a region playing an increasingly significant role in the company’s revenue. In the third quarter of 2024, the EV maker’s revenue from the Middle East rose sequentially from $40.6 million to $49.7 million.
In December Lucid established its Middle East headquarters in Riyadh, while the company’s global headquarters are in Newark, California, and its European base is in Amsterdam, Netherlands.
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