Lucid Motors on Tuesday released a new teaser of its upcoming midsize crossover, its first vehicle to feature NVIDIA’s DRIVE AGX Thor computing platform and to target Level 4 autonomous capability.
The image marks the second teaser of the model in thirteen months, following the first one shared in September 2024, when Peter Rawlinson was still serving as chief executive and chief technology officer.
At the time, Lucid said the midsize platform was “scheduled to start production in late 2026 with a starting price under $50,000.”
Since then, trade tensions and tariffs have disrupted global supply chains as US President Donald Trump has urged automakers to localize production and supply chain in the United States.
The move has been sharply affecting all automakers across the globe, even for Tesla, which builds the most US-made vehicles.
Additionally, Trump discontinued the $7,500 EV Tax Credit — a major incentive for US consumers. The removal is expected to sharply slow down the EV market in the country.
Lucid itself faced supply challenges this year.
In early August, the company said it narrowly avoided halting Gravity SUV production in the second quarter due to a shortage of magnets sourced from China.
Late last year, Lucid said the new crossover would “use the efficiency and cost advantages” of its technology to deliver “the same range as competitors while using a smaller battery.”
According to the latest teaser released Tuesday alongside the NVIDIA announcement, the upcoming model adopts a low-slung design similar to the Gravity SUV.
With the Gravity SUV allowing the premium brand to reach an addressable market of about 6 times higher, the significantly cheaper crossover will play a crucial role in Lucid‘s output expansion.
The crossover’s door handles appear to have been redesigned, when compared to the brand’s first two models.
Rival automakers have also begun addressing such concerns.
Rivian plans to include a more visible manual release next to its electrically powered rear door handles, while Tesla is “working on” redesigning its handles so they are less likely to trap occupants inside vehicles, chief designer Franz von Holzhausen told Bloomberg last month.
Lucid shares rose about 9% on Tuesday after the company announced plans to integrate NVIDIA’s full-stack AV software on the DRIVE Hyperion platform for US models.
The gain was short-lived, with the stock returning to negative territory within an hour, trading below $17.90 — equivalent to $1.79 before the company’s reverse stock split that took effect in early September.
Lucid ended the day up less than 0.1% at $18.11.
The NVIDIA partnership coincided with related announcements from Uber and Stellantis.
Uber — which in July said it would invest $300 million in Lucid and acquire at least 20,000 Gravity vehicles for its planned robotaxi fleet — announced new collaborations with both Stellantis and NVIDIA.
Stellantis, which will deliver at least 5,000 vehicles to Uber, said its AV-ready platforms will be equipped with NVIDIA’s DRIVE AGX Hyperion system and DRIVE OS software, built for Level 4 autonomy.
NVIDIA said on Tuesday these vehicles will integrate its full-stack AI technology and connect to Uber’s global mobility ecosystem. Stellantis is also working with Foxconn on hardware and systems integration.
Lucid’s vehicles for Uber will use autonomous driving technology from Nuro, the self-driving startup that raised $203 million in a funding round last year backed by NVIDIA and other investors.
Separately, Mercedes-Benz is testing future collaborations with NVIDIA powered by its MB.OS proprietary operating system and the DRIVE AGX Hyperion platform.
