Lucid plans to begin production of Tesla Model Y competitor in the second half of 2027
Lucid expects to launch production of the electric crossover Cosmos in the second half of 2027. Company CEO Silvio Napoli called the project key for the manufacturer.
Lucid expects to begin production of the Cosmos in the second half of 2027. The crossover will be assembled at the AMP-2 plant in Saudi Arabia, where preparation of production lines is currently being finalized.
Installation of stamping equipment has already been completed, and its commissioning is underway. Assembly of the body shop is accelerating, while equipment for painting continues to be delivered. The plant in King Abdullah Economic City will become Lucid’s second facility and the first outside the U.S.; the Air sedan is already being assembled there.
The final stage of Cosmos development includes certification and crash tests. Pilot assembly at the Coolidge site is moving to the final phase, after which production developments will be transferred to AMP-2. Previously, the model’s launch was planned before the end of this year, but the timeline was pushed to 2027. Lucid explained this as an effort to avoid repeating quality issues that arose with the Gravity and Air models.
The starting price of the Cosmos will be around 50,000 dollars, with a range exceeding 400 miles. The model will feature two types of batteries—NMC and LFP—an 800-volt architecture, and the Atlas powertrain. Lucid also plans to use the midsize platform for robotaxis, which it will deploy in partnership with Uber and Nuro in the U.S. and Bolt in Europe.
To fund its plans, Lucid received an additional loan of 1.75 billion dollars from the Saudi Public Investment Fund, which is the company’s majority owner.
