financetom
Business
financetom
/
Business
/
What's Going On With Lucid Group Stock Today?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
What's Going On With Lucid Group Stock Today?
Jan 16, 2025 6:56 AM

Lucid Group, Inc. ( LCID ) announced Canadian pricing for its highly anticipated Lucid Gravity SUV.

The Lucid Gravity Touring will start at C$113,500 (~$78,900), while the Lucid Gravity Grand Touring will be priced at C$134,500.

Orders for the Grand Touring model, featuring 828 horsepower and a projected range exceeding 720 kilometers, will soon open for Canadian customers.

The Touring model will be added to the lineup in late 2025.

CEO Peter Rawlinson highlighted the strong anticipation for the Lucid Gravity in Canada, emphasizing its unique combination of performance, versatility, and design.

“This revolutionary vehicle is uniquely enabled through our technology and is perfectly suited to the demands of the Canadian market,” Rawlinson added.

Also Read: Biden’s Farewell Address Targets Tech Oligarchy In Trump 2.0 Era: President Says Americans Face ‘Avalanche Of Misinformation’

The vehicle is tailored to meet the needs of the Canadian market, providing up to seven seats and a total of nearly 3,400 liters of usable cargo space.

The Lucid Gravity boasts Lucid’s advanced electric powertrain, offering outstanding efficiency with a 123kWh battery pack.

This technology ensures a smooth driving experience, with an optional three-chamber air suspension for improved handling on various terrains.

The Lucid Gravity will be on display at the Montreal International Auto Show from January 17 to 26, providing Canadian consumers with the first opportunity to experience the innovative SUV in person.

According to Benzinga Pro, LCID stock has gained over 5% in the past year. Investors can gain exposure to the stock via First Trust NASDAQ Clean Edge Green Energy Index Fund .

Price Action: LCID shares are trading lower by 0.16% to $3.035 at last check Thursday.

Read Next:

Defense Stocks Fall On Gaza Ceasefire While Broader Market Rallies: What’s Going On?

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Oracle expects cloud infrastructure revenue to be $166 bln in FY30
Oracle expects cloud infrastructure revenue to be $166 bln in FY30
Oct 16, 2025
Oct 16 (Reuters) - Oracle said on Thursday it expects cloud infrastructure revenue to be $166 billion in fiscal 2030. ...
Forsys Metal Closing $18.9 Million Bought-Deal Private Placement; Shares down 4%
Forsys Metal Closing $18.9 Million Bought-Deal Private Placement; Shares down 4%
Oct 16, 2025
01:38 PM EDT, 10/16/2025 (MT Newswires) -- Forsys Metals ( FOSYF ) on Thursday closed a bought-deal private placement that raised $18.92 million, including the partial, $1.92 million, exercise of the underwriters' over-allotment option. The company sold 33.8-million units priced at $0.56 each and made up a share and one half of a three-year warrant to buy a second share...
Market Chatter: Microsoft to Move Surface, Data Center Server Production Out of China
Market Chatter: Microsoft to Move Surface, Data Center Server Production Out of China
Oct 16, 2025
01:42 PM EDT, 10/16/2025 (MT Newswires) -- Microsoft ( MSFT ) aims to manufacture most new Surface laptops, servers, and possibly Xbox consoles outside China starting 2026, while Amazon.com's ( AMZN ) Amazon Web Services is shifting artificial intelligence server production outside China, Nikkei Asia reported Thursday, citing people briefed on the matter. Microsoft ( MSFT ) has asked several...
Total Energy Services Announces Extension to Credit Facilities Maturity
Total Energy Services Announces Extension to Credit Facilities Maturity
Oct 16, 2025
01:41 PM EDT, 10/16/2025 (MT Newswires) -- Total Energy Services ( TOTZF ) on Thursday extended the maturity of its $170 million revolving syndicated bank credit facilities to January 10, 2029. The oilfield-services company said there other changes to the facility's terms and conditions. Shares of Total Energy Services ( TOTZF ) were last seen down by $0.09 to $13.23...
Copyright 2023-2026 - www.financetom.com All Rights Reserved