Lucid has announced a new midsize SUV, under $50k

Lucid intends to launch an electric vehicle priced at around $50,000.This new midsize vehicle competes with Tesla's vehicle 3 and Model Y.   

During its Technology and Manufacturing Day, Lucid Motors revealed its future midsize electric SUV that is more affordable.  

The new lineup consists of a crossover SUV, an electric car, and maybe an off-road variant.  

The midsize SUV is likely to be priced below $50,000 and available in late 2026.  

The newest teaser shows the electric SUV's innovative technology and competitive range with a smaller battery.  

The new midsize model from Lucid could be called "Earth," with other suggested names including Earth Dream Edition, Cross Air, Air Cross, and Airspace.  

The Gravity, Lucid's first electric SUV, is expected to launch in 2025, with a NACS port and production beginning later this year.  

This coming SUV is designed to compete in the booming US market for electric SUVs and crossovers, directly fighting Tesla's Model Y.