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Lucid Delays Midsize EV Launch To 2027 As Part Of Turnaround Plan
['Tim Levin']
InsideEVs
Lucid's Cosmos EV will now launch in 2027, not 2026, the automaker's new CEO said on Tuesday.
The Cosmos EV, which should cost under $50,000, is key to scaling up Lucid's vehicle sales and bringing in more revenue.
The Lucid Cosmos design was revealed in patent images filed in Europe.
In a rare admission for a public company, Lucid and Napoli laid out several ways the company has fallen short.
Lucid is setting its sights on the autonomous vehicle business through a deal to supply vehicles to Uber.