Shares of electric vehicle maker Lucid Group (LCID) rose about 2% in pre-market trading today after the company began deliveries of its new Gravity SUV in Canada. The move marks a key step in Lucid’s plan to expand its premium EV lineup beyond the United States.
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Lucid Begins Gravity SUV Deliveries in Canada
On October 11, 2025, Lucid confirmed it had started delivering the Gravity Grand Touring to Canadian customers. The SUV features dual electric motors that produce 828 horsepower and can accelerate from 0–100 km/h in 3.6 seconds.
The vehicle features a built-in NACS port, allowing direct access to Tesla’s (TSLA) Supercharger network without an adapter, and supports fast charging at up to 400 kW. Meanwhile, pricing in Canada starts at CA$134,500 for the Grand Touring trim, with orders now open through Lucid’s online configurator.
By starting deliveries in Canada, Lucid is introducing its premium SUV to a new market. The move helps the company test product appeal in cold climates and strengthen its brand outside the U.S.
What Is the Price Target for LCID Stock?
Currently, Wall Street has a Hold consensus rating on Lucid Group stock based on eight Hold, two Buy, and two Sell recommendations. The average LCID stock price target of $29.00 indicates 38.23% upside potential from current levels. LCID stock is down 30.5% year-to-date.
