Home to leading car manufacturers such as Porsche and BWM, Lucid Motors (LCID) is making a name for itself in Germany. Lucid recently had its second consecutive month of EV registrations in Europe's largest auto market.
Lucid tackles Europe with its flagship EVs
According to new data released Tuesday from Germany's Federal Motor Transport Authority (KBA), Lucid registered 129 new vehicles in October.
While it may not seem like much, it's a big jump from the 41 registrations Lucid had in September. Lucid sold more cars in Germany last month than it did in the entire third quarter. The luxury EV maker has 256 subscribers in Germany within the first ten months.
Lucid's growth comes despite overall EV registrations in Germany falling nearly 5% YOY to 35,491 units in October.
After opening its new studio in Hamburg last month, Lucid announced that its “expansion in Europe continues.” The new studio comes a month after we opened one in Frankfurt.
Lucid now has four showrooms in Germany and eight in Europe as it expands overseas. Last month, the EV maker also signed a deal with SIXT to add its luxury Air sedan to its German fleet.
After the deal, former CEO Peter Rawlinson said more customers would be able to “feel the world's only EV that is equally at home on the Autobahn as it is on city streets.”
Lucid's mobile service network covers 15 European markets, including Belgium, Luxembourg, France, Austria, Italy, Spain, United Kingdom, Sweden, Denmark, Poland, and the Czech Republic.
The Lucid Air Pure starts at around $93,000 (€85,000) in Germany and has up to 464 miles (747 km) of WLTP range. Lucid's Air Touring and Air Grand Touring models start at $108,200 (€99,000) and $141,000 (€129,000), respectively.
Starting Price | WLTP range | |
Lucid Air Pure | $93,000 (€85,000) | 464 miles (747 km) |
Lucid Air Touring | $108,200 (€99,000) | 451 miles (725 km) |
Lucid Air Grand Touring | $141,000 (€129,000) | 521 miles (839 km) |
Lucid said it plans to continue growing in Europe with its recently opened service and delivery centers in Munich and Zurich.
In the US, the company is preparing to launch its first electric SUV, the Gravity. Lucid will begin taking orders for the Gravity SUV from American buyers on November 7, 2024.
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