<ul><li>Lucid Motors plans to release a mid-size electric vehicle (EV) aimed at competing with the Tesla Model Y.</li><li>The mid-size vehicle is expected to be priced around $48,000 and begin production in late 2026.</li><li>Lucid CEO Peter Rawlinson believes the mid-size EV will be a game changer, offering affordability and unrivaled efficiency.</li><li>Lucid is currently preparing to manufacture the Gravity SUV and highlighted its partnership with Aston Martin during its Q1 earnings call.</li></ul>

Lucid’s mid-size ‘Model Y competitor’ slated for late 2026 production

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