Lucid Gravity Grand Touring in Aurora Green
<p id="temp_ReleaseStart"><strong><span class="legendSpanClass"><span class="xn-location">LAS VEGAS</span> and <span class="xn-location">NEWARK, CA</span></span> </strong>&#8212; Panasonic Energy Co., Ltd., a global leader in the battery industry, and Lucid Group, announced the highly anticipated Lucid Gravity Grand Touring will be powered by Panasonic Energy&#8217;s lithium-ion EV battery cells. With an EPA-estimated range of up to 450 miles from a battery pack that is up to 40 percent smaller than competitors, the collaborative efforts between Panasonic and Lucid have helped deliver an SUV with a previously impossible combination of outstanding range, performance and interior space.</p>
<p class="prntal">Lucid Gravity is a groundbreaking new class of SUV, conceived from the ground up without compromise. Enabled by Lucid&#8217;s revolutionary technology, Lucid Gravity provides the interior space and practicality of a full-size SUV with up to 120 cubic feet of total usable cargo space, all contained inside the exterior footprint of a mid-size SUV. As a result, it provides a sophisticated space for up to seven adults, game-changing versatility, and an unparalleled driving experience. The Lucid Gravity Grand Touring offers 828 horsepower, is capable of 0-60 in under 3.5 seconds, and has an EPA-rated range of up to 450 miles.</p>
<p class="prntal">These impressive features are enabled in part by Panasonic Energy&#8217;s latest-generation high performing 2170 cylindrical lithium-ion battery cells, which offer an energy density of above 800Wh/L (watt-hours per liter), an industry-leading achievement. These high-capacity cells were realized through a closer working relationship with Lucid and are designed to specifically meet Lucid&#8217;s exceptional standards for fast-charging, safety, longevity and performance. Lucid Gravity will be one of the first vehicles to leverage this next-generation cell at scale.</p>
<p class="prntal">Panasonic Energy, a global leader in lithium-ion batteries, is renowned for its high-quality and high-reliability battery cells. By <span class="xn-chron">December 2023</span>, the company had supplied approximately 15 billion lithium-ion EV batteries globally, equivalent to powering 3 million EVs, without any vehicle recalls due to battery-attributed issues. This record further emphasizes Panasonic Energy&#8217;s unwavering commitment to quality and safety. Panasonic and Lucid&#8217;s collaboration on the Lucid Gravity have further strengthened Lucid&#8217;s industry-leading powertrain system.</p>
<p class="prntal">The partnership between Panasonic Energy and Lucid was established through several multi-year agreements in 2022. Panasonic Energy&#8217;s batteries have also been successfully integrated into the award-winning Lucid Air Pure. This success has prompted the adoption of Panasonic&#8217;s advanced cylindrical lithium-ion batteries in the Lucid Gravity models as well. The Lucid Gravity Grand Touring, with a starting price of <span class="xn-money">$94,900</span>, officially started production in <span class="xn-chron">December 2024</span> at Lucid&#8217;s vertically integrated factory in <span class="xn-location">Arizona</span>. The Lucid Gravity Touring, which will have a starting price of <span class="xn-money">$79,900</span> and is planned for late 2025, will also use Panasonic Energy&#8217;s 2170 batteries. Panasonic Energy&#8217;s 2170 battery cells, key to both models, are produced in <span class="xn-location">Japan</span>, with expected future production at Panasonic&#8217;s new production facility in <span class="xn-location">Kansas</span>.</p>
<p class="prntal">&#8220;Lucid Gravity is truly the first SUV that does not force customers to compromise,&#8221; said <span class="xn-person">Peter Rawlinson</span>, CEO at Lucid. &#8220;It brings together a previously impossible combination of attributes with the interior space of a full-size SUV, the performance of a sports car with supreme comfort, and an EPA rated range of up to 450 miles<sup>1</sup>. Through our advanced technology and collaboration with Panasonic, we have achieved this with an impressively small battery pack compared to competitors. This is critical to preserving earth&#8217;s precious resources and I look forward to our continued work with Panasonic as we further sustainable mobility for the benefit of all.&#8221;</p>

SAN FRANCISCO -- Chai Discovery, the AI company that predicts and reprograms the interactions between…
SAN FRANCISCO -- Nirvana Insurance, an AI-native commercial insurer, has secured a preemptive $100 million…
SAN FRANCISCO -- Kargo, a provider of industrial artificial intelligence (AI) technology for supply chain…
The Federal Trade Commission announced that grocery delivery provider Instacart will pay $60 million in…
SANTA CLARA -- ServiceNow has agreed to buy Armis for $7.75 billion in cash. Armis…
The Nasdaq stock market has reformulated the list of 100 companies in the Nasdaq-100 Index…