- The special $7,500 credit is available for leases finalized between October 1 and December 31.
- Lucid currently offers just a single version of the Gravity, priced from $94,900.
- Next year, a Touring version of the Gravity will launch and start at $79,900.
If you’re in the market for a luxury all-electric SUV like the Lucid Gravity, now might be the best time to get behind the wheel of one. The Trump administration is abolishing the $7,500 federal EV tax credit at the end of September, which will make eligible EVs much more expensive. Fortunately, Lucid is stepping in and will continue to offer a $7,500 credit through to the end of the year.
Lucid has announced that qualifying lessees who place an order for a new Lucid Gravity and finalize a lease between October 1 and December 31 will be eligible to receive the Lucid Advantage Credit, worth a cool $7,500. Qualifying existing customers will get the same benefit.
Read: Lucid’s Gravity X Looks Like It Might Survive A Dirt Road If It Has Enough Warning
In a press release for the incentive, Erwin Raphael, Lucid’s vice president of revenue, noted he has seen “firsthand how [the federal EV tax credit] has played a meaningful role in encouraging people to make the switch to an electric vehicle.”
Tax Credit Pain
The removal of the tax credit comes at a bad time for Lucid. It has been developing the Gravity SUV for several years now, and to fund its own credit, will now have to take an additional $7,500 hit on every Gravity that is leased. That’s bad news for a company that remains unprofitable and wants to become a serious mass-market EV player.
Lucid started production of the Gravity in late 2024 and has been slowly ramping up volume. Recent drone footage from YouTuber LucidFlys shows there are currently hundreds of Lucid Gravity models parked across staging lots at its factory in Casa Grande, Arizona. According to the YouTuber, Lucid has been dealing with some supplier constraints impacting Gravity production, in particular relating to shortages of head-up displays and power outlets.
The Lucid Gravity is currently only available in Grand Touring guise in the United States, starting at $94,900, but later this year, the order books will open for the Touring version, set to start at $79,900. All models are underpinned by a 926-volt electrical architecture, allowing the EV to charge at up to 400 kW, meaning 200 miles (320 km) of range can be added in less than 12 minutes.
