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Lucid Motors just delayed its affordable EV. Now what?

Lucid Motors has delayed its affordable Cosmos EV to the second half of 2027. CEO Silvio Napoli says the company is prioritizing quality and focusing on its near-term robotaxi partnership with Uber and Nuro.

Background

Lucid Motors has faced repeated delays and financial challenges since its 2021 IPO, with its luxury Air sedan being its only currently available vehicle. The Cosmos was positioned as a more affordable mid-size sedan to broaden the company's market reach.

Source
TechCrunch
Published
Aug 6, 2026 at 01:57 AM
Score
5.0 / 10