Lucid Group executives confirmed that the company is on track to launch its midsize electric SUV in 2026. This new platform represents a significant opportunity for Lucid to enter a market segment potentially 30 times larger than the Air's.
The midsize platform is expected to feature a cost-optimized Atlas powertrain and multiple planned variants. Manufacturing is planned for both the expanded AMP-1 in Arizona and the CBU portion of AMP-2 in Saudi Arabia.
This strategic expansion into the midsize SUV market is critical for Lucid to achieve necessary scale and compete in an increasingly competitive segment, aiming to drive substantial volume growth in the coming years.
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