As this article goes live onto the interwebs, American EV automaker Lucid Motors is pulling the cloak off its second model and first-ever SUV – the Gravity. Today’s unveiling at AutoMobility LA is years in the making and represents the next chapter for Lucid, who looks to garner a larger audience of American consumers with its encore EV. Lots to unfold here, including some video footage you can peep below, so let’s dig in.
Today’s public milestone puts a bookend on Lucid Motor’s first production chapter and opens up an entirely new… space… in the market of larger EVs. We at Electrek have been following Gravity’s evolution ever since its makers teased its arrival at the end of the launch video of its flagship Air sedan back in 2021.
Since then, we’ve speculated on what Lucid’s sophomore model would look like, taking cues from patent filings and brief updates during quarterly reports. However, Lucid had remained quite mum about the Gravity SUV – at least until nearly a year ago to the day, when it shared its first official images.
By spring, we got video footage of public road testing and our best look at the overall exterior styling of the Gravity, albeit camouflaged. In August, Lucid shared it had about 30, three-row SUVs built, as it finalized development which remained on track for a launch in November.
That brings us to Los Angeles today, where for the first time ever, the general public gets its first full look at the Gravity inside and out. I got the chance to see it up close yesterday (more on that later), but to begin, check out these exterior images before we dig into the SUV’s specs.
Lucid’s Gravity SUV has arrived on Earth and its a sight
Upon first glance, you’ll notice this is a Lucid EV through and through. That’s interesting to type, as the automaker has only delivered one other model to date, but the Air sedan originally set the brand’s tone for a design language that is inherently lux and it has only been sharpened in Gravity.
It may be tough to distinguish from the images above, but one of the first details you’ll notice from the outside is how low the SUV rides (155 mm height in pre-production specs). That said, it still offers a wheelbase that’s only slightly shorter than the Rivian R1S, offering plenty of room for its third row.
To demonstrate its interior space (112 cubic feet of total usable cargo space with seats folded down), Lucid recruited some of its more vertically gifted team members to climb into the SUV and showcase how much room they had. Some people that were 6′ 4″ or taller sat comfortably in the second and third rows.
Although there is plenty of legroom in the interior thanks to Lucid’s long 900V platform, the Gravity does sacrifice a bit of “greenhouse” above to maximize its range and efficiency. There’s still plenty of headroom, but less compared to other SUVs on the current market – but we’d argue most consumers would forego a glass dome above their heads if it means better aerodynamics and range.
Speaking of which, official numbers aren’t in yet, but Lucid shared it is targeting a drag coefficient below 0.24 with the Gravity SUV, which would usurp the Tesla Model X as the production SUV with the lowest Cd on the planet. Lucid’s senior vice president of design and brand, Derek Jenkins spoke to the elements that went into bringing Gravity to fruition on today’s LA stage.
At Lucid, we believe in pushing the boundaries of design. We have leaned into this belief to maximize spaciousness, aerodynamic efficiency, and utility, resulting in an electric SUV with a previously unseen blend of attributes. Whether it’s a cargo-swallowing SUV for family camping trips or a long-range grand tourer covering hundreds of miles between stops, Gravity is designed to be versatile. Our team’s dedication to creating an SUV that seamlessly fuses form and function has resulted in a vehicle that’s visually striking, incredibly versatile, and provides an elevated luxury driving experience.
One last cool little tidbit I learned about the Gravity yesterday is that all models will come with two different wheel sizes between the front and rear. Options are 21″ and 20″, or 22″ and 21″.
Next, let’s check out the interior, where you’ll noticed some exciting changes compared to the Air sedan.
While a first look will probably trigger a nod to the minimalist yet purposeful tightrope of luxury Lucid continues to masterfully toe, the dashboard of its first SUV introduces some welcomed changes.
For instance, Lucid has moved its display panel up above the steering wheel. Referred to as the “Clearview Cockpit,” this 34-inch curved OLED display now sits uninterrupted (the Air has three separate screens) above a new steering wheel design.
Sitting in the driver’s seat myself yesterday, I can say the wheel is positioned in such a way that appears quite low before you sit down, but is actually perfectly placed to provide comfort and stability to your arms, while offering a complete line of sight to the display and road ahead.
You’ll also notice the center console display has been turned horizontally compared the vertical screen in the Air. Earlier this month, we surmised we might see this screen rotation in the Gravity after Lucid announced the addition of streaming apps like Apple and Amazon Music with “more media apps to follow.” How are you going to watch videos on a vertical screen? Exactly.
As you can see in the image above, Lucid’s Gravity SUV also features a new glass center console that slides open for additional storage and wireless phone charging. But wait, what about that frunk we mentioned? Lucid describes it as “substantial,” but that’s a bit of an understatement. The specific design of the hood and its latches leave plenty of room up front. In fact, the frunk can be used as a lounge if desired. Check it out.
Credit: Lucid Motors
How about that? Just casually lounging inside the hood of your new SUV? What a time to be alive. While the front FRONT seat may be slightly gimmicky, it does showcase the overall space of the Gravity’s frunk and Lucid’s expertise in maximizing every square inch in its vehicles.
Another factor Lucid is excellent is maximizing is range and efficiency – so last but certainly not least, let’s break down the performance specs, pricing, and when you can drive the SUV yourself.
Lucid Gravity specs, pricing, and availability
Alright, time for the juicy stuff. To begin, we’ve learned that Lucid will roll out trims to match its Air sibling, meaning the launch version of the SUV is called the Dream Edition (seen above), followed by a GT, Touring, and the most price-friendly – Pure.
During this morning’s debut, Lucid rolled out the Dream Edition version of the Gravity in silver (although there is not an exclusive exterior color this go around like there was for the Air launch). Joining the Dream Edition on stage was a “Stealth” version of Gravity, complete with blacked out wheels, trim, and a new color for the Lucid configurator called “Aurora Green.” Lucid CEO and CTO Peter Rawlinson also spoke to its next iteration of electric mobility in front of the crowd in LA:
The Gravity SUV represents a significant leap forward for Lucid’s world-leading technology and design. Customers will find an unprecedented combination of space and maneuverability, luxury, and versatility, all seamlessly integrated into one remarkable vehicle with the driving experience and range of a true Lucid. Lucid’s innovative proprietary EV powertrain technology and our holistic approach to vehicle engineering already enabled the Air sedan to redefine what was thought possible from a luxury sports sedan. With Gravity, these innovations evolved and our next generation technology is applied with even greater effect, resulting in an electric SUV that can achieve over 440 milesof range with a battery pack a little more than half the size of some of our battery-hungry competitors.
Please note, the specs shared today pertain to the top tier launch trim of the SUV and remain pre-production model specs that are subject to change. We are certain to learn more as we get closer to the official start of Gravity sales next year. Here’s what we know:
Platform Architecture: 900V
Battery Capacity: “About the same size as Air” (113 kWh)
Range: Up to 440 miles (Lucid Motors’ estimate)
Charging: Up to 200 miles in 15 minutes (on 350kW DCFC)
Horsepower: Over 800 hp
0-60 mph Acceleration: Under 3.5 seconds
Payload Capacity: 1,500 lbs.
Towing Capacity: 6,000 lbs.
Cargo Capacity: 112 cubic feet
Drag Coefficient: <0.24 (targeted)
As for pricing, our best idea of MSRPs begins with the aforementioned Pure trim, which Lucid says will start below $80,000. That could mean potential federal tax incentives, since it’s built in the US. Like the Air, Pure is almost certainly the last version of the Gravity we will see on the assembly lines… except perhaps, for the tri-motor Sapphire model you can most certainly expect to see announced someday.
As for pricing of the other Gravity trims, we were told to expect MSRPs to resemble those of the Air sedan, whose Pure, Touring, and Grand Touring trims are currently set at $74,900, $87,500, and $115,600 respectively. Expect the Dream Edition Gravity to eclipse all those numbers.
We are certain to learn more details of how these models will vary in specs and pricing in 2024, as Lucid moves closer to Gravity production in Arizona scheduled for late next year. That’s all for now. Lucid said it will upload a video of today’s unveiling at AutoMobility LA which we will add when it’s posted.
In the meantime, here’s a launch video showing the Gravity SUV in great detail. Enjoy!
Credit: Lucid Motors
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Russia’s President Vladimir Putin bids farewell to India’s Prime Minister Narendra Modi following their meeting at the Kremlin in Moscow, Russia July 9, 2024.
Gavriil Grigorov | Via Reuters
Russia on Tuesday weighed into the growing spat between India and the U.S., with the Kremlin saying New Delhi is free to choose its own trading partners.
Washington and India’s leadership are at loggerheads over imports of Russian oil, with U.S. President Donald Trump threatening New Delhi with much steeper tariffs if it continues to purchase the commodity from Russia.
The Kremlin, an important trading partner of India’s and one which had stayed silent as the spat erupted in the last few days, commented that Trump’s tariff threats are “attempts to force countries to stop trade relations with Russia.”
“We do not consider such statements to be legitimate,” Kremlin Press Secretary Dmitry Peskov continued, speaking to reporters Tuesday.
“We believe that sovereign countries should have, and have the right to choose their own trade partners, partners in trade and economic cooperation. And to choose those trade and economic cooperation regimes that are in the interests of a particular country.”
The dispute between Trump and New Delhi is being closely watched by investors after Trump threatened on Monday that he would be “substantially raising” the tariffs on India, although he did not specify the level of the higher tariffs. The president had threatened a 25% duty on Indian exports, as well as an unspecified “penalty” last week.
He also accused India of buying discounted Russian oil and “selling it on the Open Market for big profits.”
India hit back at the U.S. later on Monday, accusing it and the European Union of hypocrisy.
“It is revealing that the very nations criticizing India are themselves indulging in trade with Russia. Unlike our case, such trade is not even a vital national compulsion [for them],” the foreign ministry said in a statement.
Western countries have used sanctions and import restrictions as a way to stifle Moscow’s oil export-generated revenues that fund its war machine against Ukraine. However, some of Russia’s trading partners, particularly India and China, have continued their purchases of discounted Russian crude that their economies largely rely on.
India and Russia’s trade relationship has grown since the invasion of Ukraine in 2022; Russia became India’s leading oil supplier after the war began, with imports increasing from just under 100,000 barrels per day before the invasion — 2.5% of total imports — to more than 1.8 million barrels per day in 2023 — 39% of overall imports, the U.S. Energy Information Administration said earlier this year.
— CNBC’s Lim Hui Jie contributed reporting to this story.
Electric motocross just got another serious upgrade. Stark Future has unveiled its latest evolution of the VARG MX platform – meet the VARG MX 1.2. With more powertrain efficiency, longer range, and a tech-infused new onboard computer that moonlights as a military-grade Android phone, this bike is maintaining the Stark VARG playbook of doing more than keeping up with gas-powered competition, it’s burying them.
Stark Future is flying high, both literally with impressive performance that has helped riders to expand their options so aggressively that it’s gotten itself banned from the X-Games, to proverbially with the company already touting profitability so early in its operations.
At the heart of the VARG MX 1.2 is the same 80 hp (60 kW) electric motor that made the original VARG such a monster on the dirt, easily outgunning traditional 450cc gas bikes. But this time around, riders get even more customization. The power output can be adjusted anywhere from 10 to 80 hp (7.5-60 kW) on the fly, with refined control over the power curve and motor braking. Basically, it’s like having a garage full of bikes in one, and all of them are really impressive!
Helping riders tap into all that performance is a new handlebar-mounted smart device called the Arkenstone. This isn’t your average LCD screen, it’s a full-fledged, ruggedized Android smartphone that connects wirelessly to the bike. Want to change power modes mid-lap? Done. Want to track your lap times and get real-time GPS data? Also done. Stark even partnered with a major map provider to make sure the new “Laps” feature delivers real course splits and terrain data without the need for external apps or gear.
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And of course, performance is still king here. The new 7.2 kWh battery tucked into a lightweight magnesium honeycomb case delivers up to 20% more range than before. That means longer rides, harder pushes, and fewer recharge breaks. Oh, and it still puts out 973 Nm of torque at the rear wheel. Not a typo. That’s insane torque.
The updated chassis is no slouch either. Stark redesigned the frame using a stronger, lighter steel alloy, shaving off nearly a kilogram while improving flex and feedback. Suspension was also retuned with KYB components offering 310mm of travel and selectable spring rates based on rider weight – a level of adjustability that’s unheard of from most OEMs.
Motocross legend Kevin Windham, after testing the bike, didn’t hold back: “I’ve ridden everything there is to ride, and this is the future.” He praised the natural feel, instantaneous response, and how quickly it felt like home, even after decades on gas bikes.
But the VARG MX 1.2 isn’t just a lab project. It’s been relentlessly race-tested under the leadership of two-time World Champion Sébastien Tortelli, who now heads up Stark’s racing program. “Racing is where weaknesses show and strengths are proven,” says Tortelli. “Every race, every rider, every condition feeds into what we build.”
Other upgrades include a new overmolded wiring harness for extreme durability, a lighter and more efficient gearbox, new tires (Dunlop or Pirelli, your call), and even a reinforced skid plate made from biodegradable materials. Optional titanium hardware can shave off another 900 grams if you’re counting grams like trophies.
Maintenance? Practically nonexistent. With no pistons, clutches, or filters to fuss over, Stark says its riders can save up to $5,000 over 100 hours of use compared to a traditional gas bike. And in an industry notorious for limited warranties, Stark is backing the entire bike for two years.
Those cost savings are going to be important considering that electric motorcycles usually have higher up-front sticker shock. But with the new Stark, pricing is surprisingly competitive for something this high-end.
The 60 hp (45 kW) standard model starts at US $12,490, while the full-fat 80 hp (60 kW) Alpha comes in at $13,490 (plus a $1,000 tariff charge for US buyers). Bikes are available now through Stark’s global dealer network or directly from the company’s site.
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Trowbridge in Somerset, England, on March 15, 2025.
Anna Barclay | Getty Images News | Getty Images
BP CEO Murray Auchincloss on Tuesday leaned into the growth potential of the company’s recent oil and gas discoveries, as the struggling energy major contends with takeover questions and a major turnaround plan.
“Inside the upstream, we’ve had tremendous performance, along with record operating efficiency [and] along with starting up five new major projects,” BP’s Auchincloss told CNBC’s “Squawk Box Europe“, just after the release of the company’s second-quarter results.
He added that he was “very optimistic” about the company’s latest exploration discovery in the Bumerangue block in Brazil’s Santos Basin, just over 400 kilometers (248.5 miles) from Rio de Janeiro. BP is currently carrying out tests to further analyze the block’s potential.
The Bumerangue discovery, announced Monday, is the firm’s 10th since the start of the year and reflects a potentially significant boost as BP continues to double down on hydrocarbons.
After underperforming its peers in recent years, the firm has shifted gears by way of a fundamental strategic reset that will see BP prioritize fossil fuels and slash renewable spending.
Earlier on Tuesday, the energy major reported underlying replacement cost profit, used as a proxy for net profit, of $2.35 billion for the three months through June — comfortably beating analyst expectations of $1.81 billion, according to an LSEG-compiled consensus.
Ramping up investor returns, the company also said its quarterly dividend will increase to 8.32 cents from 8 cents and that it will maintain the pace of its share buyback program at $750 million for the second quarter.
Shares of the company were last seen trading 1.6% higher during morning deals.
Takeover speculation
The downturn of recent years has turned BP into the subject of intense takeover speculation, with some questioning a potential future merger with domestic rival Shell. For its part, Shell in late June said that it had “no intention” of making an offer.
UAE oil giant ADNOC, as well as U.S. oil giants Exxon Mobil and Chevron, are among some of the names that have also been touted as possible suitors.
Asked whether the company had been approached by any potential merger partners amid ongoing takeover speculation, Auchincloss said BP is focused on growth.
“That’s what is going to drive the share price up for shareholders,” he added.
CEO of BP Murray Auchincloss speaks during the CERAWeek oil summit in Houston, Texas, on March 19, 2024.
Mark Felix | AFP | Getty Images
Maurizio Carulli, global energy analyst at Quilter Cheviot, said BP’s earnings were the company’s first positive quarterly results “in a very long time,” noting that “what is perhaps most encouraging” was the firm’s outperformance came despite a period of lower oil prices.
“The management team has clearly started delivering on the strategy reset announced a few months ago. There has been huge speculation of late on the fate of BP and whether or not a rival will look to take them out with a merger,” Carulli said.
“If positive results like this continue to be delivered, that speculation may just end up being a blip in BP’s long and storied history,” he added.
Asset review
BP, which is under intense pressure to improve profitability from the likes of activist investor Elliott, noted that it would initiate a further cost review of its assets — mere weeks before Albert Manifold joins BP’s board from Sept. 1 and as chair from Oct. 1.
Asked for further details of this strategic review, Auchincloss told CNBC: “If you think back to 2020, we reduced our costs by 25%, and in 2024 we announced another program to reduce our costs by another 20%. That’s the $4-5 billion that I referenced earlier.”
“If we can achieve that, that will take us to around top quartile in the sector, but I don’t think that is enough,” Auchincloss said.
BP’s net debt came in at $26.04 billion at the end of the second quarter, down from nearly $27 billion compared to the first three months of the year.
“We need to keep driving safely to be the very best in the sector we can be. And that’s why we’re focused on another review to try to drive us toward best in class inside the sector,” Auchincloss added.