EV maker Lucid Motors offered up good news during its second quarter earnings call as it secured as much as $1.5 billion in new cash just in time to begin production of its second vehicle, the Gravity SUV. The company also managed to beat analysts’ estimates for the quarter. Find out more at Headlight.News.
It’s been a tough year for Lucid, the startup’s Air sedan falling short of sales goals, and weak revenues requiring a $3 billion bailout to keep things going. But the California-based EV maker is betting that it can get the boost from its second product line, the all-new Gravity SUV debuting at the LA Auto Show. Roomy, stylish and sporty, it will also offer, at 440 miles per charge, industry-leading range. Headlight.News was on hand for the debut of the 2025 Lucid Gravity.