Lucid Unveiling Significant Price Reductions on Air Sedans Across Canada and United States
Lucid Motors Announces Incentives for Lucid Air and Gravity Models
Lucid Motors, the California-based electric vehicle manufacturer, has announced a range of incentives for its Lucid Air and upcoming Gravity SUV models, aiming to boost sales and attract more customers.
In 2024, Lucid produced 9,024 vehicles, marking a significant step forward for the company. This year, the company is planning to double its production, aiming to produce up to 20,000 vehicles in 2025. This ambitious target is further bolstered by the upcoming launch of the Gravity SUV, scheduled for 2025, which is expected to contribute to Lucid's production increase.
To encourage sales, Lucid is offering a variety of incentives for both the Lucid Air and the upcoming Gravity SUV. As of May 2025, customers leasing any eligible Lucid Air or Lucid Gravity before September 30, 2025, can save $7,500 thanks to an EV credit offer. This credit is effectively phasing out after September 30, 2025.
For the 2025 Lucid Air models, a limited-time $2,000 bonus is available on eligible models at the time of order. This requires purchase or lease and delivery by August 31, 2025. An additional $2,000 bonus applies when an eligible customer purchases or leases a Lucid Air, also requiring delivery by August 31, 2025. When trading in an eligible vehicle and leasing or purchasing a MY25 Lucid Air, customers receive an additional $2,000 allowance, valid for delivery by August 31, 2025.
Lease offers for the Lucid Air Pure 2025 start from approximately $1,099/month for 36 months with around $7,209 due at signing, assuming the bonuses apply. Financing offers feature an APR around 6.59% for up to 72 months with a cash price starting near $114,900.
For the Lucid Gravity model, the $7,500 equivalent leasing credit continues into late 2025, but no comparable extension for the Air past September 2025 has been announced.
It's important to note that the Air Sapphire, Lucid's flagship sedan, is excluded from all promotional discounts.
While direct Canadian incentives from Lucid are not detailed separately, the offers described on Lucid's official site apply in both U.S. and Canadian markets, though regional incentives can vary. The lease and purchase offers generally target both countries but always must confirm local eligibility.
Lease specials and financing vary monthly and may have geographic variation. Some owners express concern about losing the $7,500 credit if delivery occurs after September 30, with anticipation about potential new incentives from Lucid, but no confirmed additional incentives beyond those listed have been announced as of May 2025.
In summary, the most significant incentives for the Lucid Air through May 2025 are the existing $2,000 bonuses tied to loyalty, trade-ins, and on-site ordering, combined with the $7,500 EV tax credit on leases expiring September 30, 2025. For the Lucid Gravity model, the $7,500 equivalent leasing credit continues into late 2025, but no comparable extension for the Air past September 2025 has been announced.
[1] - Lucid Motors Official Site [2] - Green Car Reports [3] - Electrek [4] - Motor1 [5] - InsideEVs
- The technology sector, with the rise of electric vehicles, has significantly impacted the automotive industry, as evidenced by Lucid Motors' development of advanced electric cars like the Lucid Air and upcoming Gravity SUV.
- In the finance industry, Lucid Motors is offering various incentives, such as leasing discounts and financing deals, to attract more customers and boost sales for its Lucid Air and Gravity models, which are set to revolutionize the transportation sector.
