Lucid Extends EV Credit for Gravity SUV Beyond Federal Deadline
Lucid, the prominent electric vehicle manufacturer, has announced a significant initiative to extend the $7,500 federal EV tax credit for its new Gravity SUV. This extension, offered through the company's proprietary Lucid Advantage Credit program, will continue to benefit customers even after the official government incentive concludes at the end of September. This strategic move highlights Lucid's commitment to delivering value to its clientele, ensuring that those who lease the Gravity SUV and finalize their orders by September 30 will still enjoy the full credit, provided they take delivery between October 1 and December 31. This independent approach bypasses government incentives, directly providing the financial advantage to buyers.
The Lucid Gravity, a highly anticipated electric SUV, is designed to offer an unparalleled driving experience. Boasting an impressive 450 miles of driving range, three-row seating for enhanced practicality, and a powerful 828 horsepower output, the vehicle combines luxury with performance. Its dynamic capabilities allow it to perform akin to a sports car, offering a unique blend of utility and exhilaration. Furthermore, the Gravity ensures convenient charging options, including compatibility with Tesla Superchargers, providing ultra-fast charging speeds for seamless long-distance travel. These features underscore Lucid's dedication to innovation and customer convenience.
In light of recent reports, particularly one from Automotive News suggesting low initial registrations for the Gravity SUV, Lucid has firmly refuted these claims. Nick Twork, Lucid’s head of communications, clarified that the figures cited were “completely inaccurate,” affirming that deliveries are well into the three-digit range. This statement was further supported by anecdotal evidence from customers across various social media platforms, who reported seeing multiple Gravity units in states like Florida and California, contradicting the narrative of minimal sales. This clarification emphasizes the ongoing demand and market presence of the Gravity SUV.
Lucid's decision to independently extend the EV credit sets a precedent, and it would not be surprising if other automotive manufacturers followed suit, especially as the federal deadline approaches. Many brands are already offering substantial discounts on their electric vehicles to attract buyers before the incentive period ends. Beyond the $7,500 Lucid Advantage Credit, Lucid is also presenting attractive offers on its 2025 Air models, including discounts exceeding $13,000 and lease options starting as low as $509 per month. These comprehensive incentives reflect Lucid's aggressive strategy to boost sales and make its premium electric vehicles more accessible to a broader market, reinforcing its position in the competitive EV landscape.
Lucid's proactive approach in maintaining the $7,500 EV credit for its Gravity SUV, irrespective of the federal deadline, underscores the company's dedication to customer satisfaction and market competitiveness. This strategy, alongside other significant offers for the Air models, aims to enhance accessibility and attractiveness of their premium electric vehicles. By directly providing these financial advantages, Lucid not only addresses potential concerns regarding the expiration of government incentives but also strengthens its appeal to prospective buyers, ensuring sustained interest and demand for its innovative electric lineup.