Can Lucid (LCID) make 1 million EVs a year? CEO Peter Rawlinson said this is his vision, and Lucid has ambitious plans to achieve it. After launching its first electric SUV, the Gravity, Lucid will enter the mass market with its midsize platform starting at around $50,000. Rawlinson said this is “finally when we compete directly with Tesla,” but the EV maker has even bigger plans to drive growth.
After delivering the first Gravity models in December, Lucid’s CEO claims the electric SUV is “destined to be a landmark product” with an EPA-estimated range of 450 miles.
During the BloombergNEF Summit in San Francisco last week, Rawlinson explained how the company plans to become a powerhouse in the EV space.
Although the Gravity is an impressive-looking vehicle, loaded with tech and a true 7-seater (not a 5-seater, plus two kids in the back, as Rawlinson said many of its rivals offer), it’s what you can’t see that makes the electric SUV so unique.
The Gravity achieves up to 450 miles of driving range with a 123 kWh battery. Rawlinson said the fact that it can achieve such a long driving range with so few batteries is a testament to Lucid’s technology, which he claims is the “most advanced technology in the world.”
Lucid Gravity Grand Touring in Aurora Green (Source: Lucid)
Lucid was the first to launch an EV with 520 miles range. At the Summit, Rawlinson claimed that “nobody today is within 100 miles of range of where we were three years ago,” referring to its luxury Air sedan.
Lucid delivered over 10,200 vehicles last year, up 70% from the 6,001 in 2023 and roughly 3,500 in 2022. Rawlinson said the company is seeing “exponential sales growth,” but he expects to see things pick up over the next few years.
(Source: Lucid Motors)
Lucid is launching new EVs and tech to boost growth
Following the Gravity, Lucid will launch its midsize platform. The platform will underpin a sedan and crossover, starting at around $50,000. According to Rawlinson, this is when Lucid will “compete directly with Tesla” as direct rivals to the best-selling Model Y and Model 3.
However, as Rawlinson explained, “Lucid does not exist to be a niche luxury manufacturer.” Lucid is in the luxury space “at the moment” because it needs to be for financial support.
Lucid Gravity electric SUV at a Tesla Supercharger (Source: Lucid Motors)
It’s the company’s tech that will be Lucid’s trademark. With some of the most advanced tech on the market, it will “cascade down,” reducing the cost to mass produce EVs.
“We want Lucid to be huge,” Rawlinson said. By the early 2030s, he envisions Lucid producing one million cars annually.
Lucid midsize electric SUV teaser image (Source: Lucid)
Lucid plans to achieve it through progressive steps. After launching the Air, Lucid’s first electric SUV is now hitting the market. In late 2026, Lucid is scheduled to begin production of its midsize platform.
Rawlinson believes Lucid will have a significant advantage by then. Since the battery is by far the biggest cost to make an EV, with some of the most efficient technology, Lucid will be able to offer a competitive range at a lower price point.
(Source: Lucid Motors)
Not only that, but Lucid is also developing a new affordable “Atlas” drive unit. Rawlinson claimed the new drive unit will be “an absolute breakthrough” for Lucid and the planet to bring down EV costs.
The company is already licensing its technology to other automakers, which could be an even bigger business for Lucid than selling vehicles.
Lucid Air (left) and Gravity SUV (right) models (Source: Lucid)
Last year, Lucid secured a tech partnership with Aston Martin to supply its proprietary powertrain tech for the British automaker’s upcoming electric cars.
Rawlinson said Lucid is in talks with several others about similar licensing partnerships. According to Lucid’s CEO, EV adoption will continue to climb over the next few years, and some OEMs will be left behind. “The train is leaving the station,” he said, and that’s why Lucid is open to strategic alliances through licensing its technology.
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Global EV sales surged in May 2025, hitting 1.6 million units sold, according to the latest data from EV research house Rho Motion. That brings the total for the year so far to 7.2 million EVs, a 28% increase compared to the same period in 2024.
The big winner: China. The country sold a record-breaking 1 million EVs in May alone. That’s a 33% jump year-over-year, and a 10% boost compared to April. The rest of the world saw solid gains too, but North America lagged far behind, mainly due to slashed incentives in Canada.
Rho Motion’s Charles Lester broke it down: “The story this month with global vehicle sales is the continued chasm between Chinese market growth, which saw 1 million vehicles sold in May, versus the faltering market in North America.”
Let’s take a closer look:
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Europe holds steady, with help from Spain and Italy. Europe is up 27% year-to-date, with 1.6 million EVs sold from January through May. Countries like Germany (+45% YTD) and the UK (+32% YTD) are helping lead the way, but southern Europe is really stepping on the accelerator. Spain saw a whopping 72% growth in EV sales so far this year, and Italy isn’t far behind at 58%.
Germany just rolled out a new set of EV incentives focused on commercial fleets. With corporate vehicles making up more than half the German auto market, those tax breaks and special depreciation offers could supercharge sales in the coming months.
North America stalls out. The US, Canada, and Mexico are dragging, with just 3% growth YTD. That’s mostly due to Canada’s pause on EV subsidies, which caused a steep 20% sales drop.
The US is holding on with 4% growth, helped by the federal EV tax credit that remains in place through the end of the year. But those credits start phasing out in 2026 and will disappear by 2027, if the Republicans don’t kill them even sooner. Expect a late-year bump as buyers rush to cash in while they still can.
China dominates again. China continues to be the EV powerhouse. In May, it became the first country this year to break the 1-million-EVs-sold-in-a-month mark. It first hit that level in August 2024, and it hit the milestone again just ahead of the summer push.
Chinese automakers aren’t slowing down either. BYD is expanding its presence in Europe with new BEVs and plug-in hybrids. Its tiny budget EV, the Dolphin Surf (called the Seagull in China), just launched in Europe with a price tag around $25,000, and it’s not subject to new EU tariffs on Chinese EVs, since it’s a hybrid.
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Hyundai’s new electric SUV is more affordable than you might think. The IONIQ 9 is currently a better deal than the Kia EV9, with Hyundai offering up to $13,000 off.
Hyundai IONIQ 9 is even more affordable with June deals
After delivering the first IONIQ 9 models just last month, Hyundai is already offering discounts. Despite a starting price of over $60,500, the 2026 Hyundai IONIQ 9 is currently listed for lease at just $419 per month.
The offer is for 36 months with $4,999 due at signing. At that, you’ll end up paying $558 per month. That’s even cheaper than Kia’s three-row electric SUV, despite an MSRP that’s nearly $5,000 more.
Kia’s EV9 is currently listed for lease at $429 for 36 months. With $4,999 due at signing, the effective rate is $568 per month, or $10 more than the IONIQ 9.
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The IONIQ 9 is more affordable thanks to Hyundai’s generous $13,000 lease cash offer. Kia, on the other hand, is only offering $7,500, or essentially passing on the federal EV tax credit for lessees.
2026 Hyundai IONIQ 9 (Source: Hyundai)
You can even upgrade to the AWD SE or SEL trims for just $449 or $449 per month for 36 months. The offer also includes $4,999 due at signing. Alternatively, you can opt for 1.99% APR financing for up to 60 months, offered on all 2026 IONIQ 9 trims.
The 2026 Hyundai IONIQ 9 S starts at $60,555, including destination, with a range of 335 miles. The AWD SE and SEL models offer 320 miles of range, starting at $64,365 and $67,920, respectively.
2026 Hyundai IONIQ 9 interior (Source: Hyundai)
Inside, the electric SUV boasts up to 2,462 liters (87 cubic feet) of interior cargo space, which is even more than the Ford Explorer. The 2025 Ford Explorer has a cargo capacity of up to 2,429 liters (85.8 cubic feet).
The IONIQ 9 is not only spacious, but it’s also loaded with Hyundai’s latest tech and features. The infotainment system consists of a dual 12.3″ driver cluster and infotainment screens as part of a curved panoramic display.
2026 Hyundai IONIQ 9 interior (Source: Hyundai)
Like the upgraded 2025 Hyundai IONIQ 5, the IONIQ 9 features a built-in NACS port, allowing you to use Tesla Superchargers.
If you’re looking for something a little smaller, the 2025 IONIQ 5 is hard to pass up right now with leases starting at just $179 per month. Last month, it was listed at $209 per month, which was still considered one of the best EV deals.
2026 Hyundai IONIQ 9 Model
EV Powertrain
Drivetrain
Driving Range (miles)
Starting Price (including destination fee)
Lease Price (per month for June 2025):
IONIQ 9 RWD S
160-kW (215-HP) Electric Motor
Rear- Wheel Drive
335
$60,555
$419
IONIQ 9 AWD SE
226.1 kW (303-HP) Dual Electric Motors
All-Wheel Drive
320
$64,365
$449
IONIQ 9 AWD SEL
226.1-kW (303-HP) Dual Electric Motors
All-Wheel Drive
320
$67,920
$499
IONIQ 9 AWD PERFORMANCE LIMITED
314.6-kW (422-HP) Dual Electric Motors
All-Wheel Drive
311
$72,850
$589
IONIQ 9 AWD PERFORMANCE CALLIGRAPHY
314.6-kW (422-HP) Dual Electric Motors
All-Wheel Drive
311
$76,590
$689
IONIQ 9 AWD PERFORMANCE CALLIGRAPHY DESIGN
314.6-kW (422-HP) Dual Electric Motors
All-Wheel Drive
311
$78,090
$729
2026 Hyundai IONIQ 9 prices and driving range by trim (*including a $1,600 destination fee)
The 2025MY is an upgrade in nearly every way, featuring increased range (now up to 318 miles), a new exterior and interior design, and an added Tesla NACS port.
Ready to try one out for yourself? We can help you find Hyundai IONIQ 9 and IONIQ 5 models in your area. Check out our links below to see offers in your area.
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The City of Pendleton, Oregon, just cut the ribbon on a new solar canopy at its wastewater treatment plant – the first project of its kind in the region.
City officials and Ameresco, a Framingham, Massachusetts-based energy solutions provider, launched a 240-kilowatt (kW) solar PV canopy at the Pendleton Wastewater Treatment and Resource Recovery Facility that’s expected to generate around 325,000 kilowatt-hours (kWh) of electricity annually. That’ll offset around 30% of the facility’s energy use.
Kyle Willman, the facility’s superintendent, said, “The solar canopy not only helps reduce our energy costs and environmental footprint, but it also enhances the performance of our wastewater treatment facility in ways that benefit the entire community.”
The new canopy does more than generate clean power. It shades the facility’s chlorine contact chamber, which helps cool down the water, improve effluent quality, and support a healthier aquatic ecosystem. It’s a smart pairing of infrastructure and sustainability.
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The project is part of a larger plan to modernize the city’s utility operations, and it was delivered through an Energy Savings Performance Contract with Ameresco. That means Ameresco guaranteed pricing and performance while prioritizing participation from local and disadvantaged businesses.
Funding for the solar canopy came from state grants, including the Oregon Department of Energy’s C-REP grant, utility incentives, and city resources. Pendleton already has plans for a future battery energy storage system that will be connected to the solar canopy to further cut operating costs and boost the plant’s resilience.
“This solar canopy project is a great example of how innovative energy solutions can deliver meaningful economic benefits and support essential city infrastructure,” said Lou Maltezos, Ameresco’s president of Central & Western USA and Canada. “We’re not only improving operational efficiency but also contributing to the health of the local ecosystem and empowering the community with long-term energy savings.”
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