Lucid Group Reveals Cosmos and Earth Midsize EVs Starting Under $50,000

Lucid used its Investor Day to unveil a new Midsize EV platform and reveal the first two vehicles that will ride on it — the Cosmos and Earth — which the company says will be priced starting under $50,000.

“Lucid’s entry into the highly competitive, high-volume midsize SUV market will be key to achieving profitability, the company told investors today”

Ars Technica

Electrek reported that “The Cosmos and Earth will be the first two electric SUVs based on Lucid Group’s (LCID) Midsize EV platform, with prices starting under $50,000.”

Ars Technica

Benzinga noted the platform “features three models: Lucid Cosmos, Lucid Earth and the concept Lunar robotaxi,” and CNBC reported Lucid “plans to produce three midsize vehicles, starting with a vehicle called Cosmos this year, followed by a model called Earth roughly a year later.”

MEXC summarized the market-facing headline: “The first, called ‘Cosmos,’ is expected later this year at a starting price of around $50,000.”

Lucid positioned the Midsize platform as a more efficient, lower-cost architecture intended to bring the company’s range and performance into higher-volume premium segments.

Electrek quoted Lucid saying the platform “is 10% more efficient than its closest competitor, achieving up to 4.5 mi/kWh,” and contrasted that with prior figures — Lucid’s Air sedan at “a record 5.0 mi/kWh” and Gravity at “up to 3.6 mi/kWh.”

Benzinga

TipRanks described the Investor Day messaging as emphasizing “Atlas electric drive unit, design-for-manufacturing simplifications, and a focus on scaling the Gravity SUV and diversifying revenues through software, services, platform licensing, and robotaxi partnerships.”

Benzinga added the platform is “engineered to deliver vehicles starting below $50,000, aiming to enhance efficiency and performance while maintaining Lucid’s luxury standards.”

Autonomy and a robotaxi strategy were front-and-center: Lucid showed a Lunar robotaxi concept and discussed partnerships to deploy autonomous vehicles at scale.

“Lucid Group (NASDAQ:LCID) shares are down on Thursday”

Benzinga

Benzinga called Lunar “the concept Lunar robotaxi,” while TMCnet said Lucid “introduced Lunar, a purpose-built robotaxi concept based on the Midsize platform.”

CNBC reported Lucid “previewed plans for a two-seat robotaxi, including a design concept car,” and MEXC highlighted the product design by saying the company “revealed a two-seat robotaxi concept with no steering wheel or pedals.”

Both Benzinga and CNBC also described deepening collaboration with Uber to deploy Midsize vehicles, with Benzinga noting the tie-up would “deploy Midsize platform vehicles at a scale similar to its Gravity robotaxi program.”

Lucid emphasized software, subscriptions and new recurring revenue as pillars of its path to profitability, while also issuing the usual investor cautions.

CNBC reported Lucid “expects to achieve roughly $1 billion in annual incremental, non-vehicle revenue through services such as recurring software subscriptions by later this decade” and said the company plans “a subscription service by early 2027 that will range from $69 to $199 a month.”

Electrek

Benzinga quoted CFO Taoufiq Boussaid saying the midsize platform “fundamentally improves unit economics in the mid-term” and drives “near-term progress” from scaling Gravity and diversified revenue streams.

TipRanks summarized the Investor Day as centered on “expanded software and mobility revenue streams, and stricter capital discipline to accelerate its path to profitability and positive free cash flow.”

Lucid’s own PR also reminded investors that “These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee.”

Markets reacted cautiously to the Investor Day as analysts and traders weighed execution risk, cash burn and changes in shareholder support.

“The Cosmos and Earth will be the first two electric SUVs based on Lucid Group’s (LCID) Midsize EV platform, with prices starting under $50,000”

Electrek

Benzinga opened noting “Lucid Group (NASDAQ:LCID) shares are down on Thursday,” while MEXC reported that “LCID fell around 8% during its first investor day in nearly five years.”

Interesting Engineering

TipRanks recorded mixed analyst signals — “The most recent analyst rating on (LCID) stock is a Sell with a $10.00 price target” while its AI assessment called LCID “Neutral.”

MEXC also provided context on Lucid’s recent results and liquidity, noting “The EV maker lost $2.7 billion on $1.35 billion in revenue in 2025. Free cash flow came in at negative $3.8 billion,” and that Lucid “said it currently has $5.5 billion in total liquidity, including a roughly $2 billion delayed draw credit facility from Saudi Arabia’s Public Investment Fund.”

CNBC added that Lucid’s “largest shareholder, Saudi Arabia's Public Investment Fund, has also changed its investment strategy in the company from capital investment to revolving credit.”