Gravity Competition

[hmp10]

"Savage Geese" just posted a review of the Kia EV9. Not only did they like the car, they said Kia is giving very aggressive lease terms: a $70K trim-level (near the top of the range) on a 2-year lease with $2-3,000 down for $300 a month.

They said it was not in the same class as the Gravity when it came to space packaging but thought it blew GM products away in terms of materials and build quality at that price point.

I wonder what this pricing signifies in terms of how hot the EV SUV market will be for Lucid?

 

[sdlucid]

As far as I understand, Hyundai group is at a transition point in their software defined vehicle development. I am not entirely sure how much of that has gone into these vehicles. It is also not clear if they are transitioning to something completely new (a complete overhaul?) or working their way to make existing software compatible with all types of software updates. Personally, I believe that's where many of these EVs are going to hold up their value. That's one reason Rivians still have good customer demand. They will continue to receive software updates while many others may be obsolete in that sense. They will still be great vehicles, but won't hold their value much.

 

[hmp10]

They will still be great vehicles, but won't hold their value much.

"Savage Geese" talked about how much is rapidly changing on the EV front as well as steep depreciation. That's why they thought this 2-year / $300-a-month lease deal was so compelling.

I'm just wondering how much pressure such aggressive lease deals will put on the Gravity pricing.

 

[illopp00]

"Savage Geese" just posted a review of the Kia EV9. Not only did they like the car, they said Kia is giving very aggressive lease terms: a $70K trim-level (near the top of the range) on a 2-year lease with $2-3,000 down for $300 a month.

They said it was not in the same class as the Gravity when it came to space packaging but thought it blew GM products away in terms of materials and build quality at that price point.

I wonder what this pricing signifies in terms of how hot the EV SUV market will be for Lucid?

MSN

Take it for what it is worth but it is 3x the next ones...

 

[roKapl99]

"Savage Geese" just posted a review of the Kia EV9. Not only did they like the car, they said Kia is giving very aggressive lease terms: a $70K trim-level (near the top of the range) on a 2-year lease with $2-3,000 down for $300 a month.

They said it was not in the same class as the Gravity when it came to space packaging but thought it blew GM products away in terms of materials and build quality at that price point.

I wonder what this pricing signifies in terms of how hot the EV SUV market will be for Lucid?

What is the buy out after the two year lease?

 

[hmp10]

What is the buy out after the two year lease?

No idea.

 

[DrZorro]

I had a chance to see this vehicle yesterday when I was at the auto show at the State Fair of Texas.... I definitely had a bit of sticker shock when saw the $72k window sticker. I also had a chance to look at the vehicle briefly. The 3rd row legroom in the EV9 is absolutely laughable. I'm pretty sure the 2nd row seats were probably all the way back...but in that position, the seat back was literally about 3-4 inches from the 3rd row seat cushion. Even a small child couldn't fit their legs between the back of the 2nd row and the seat cushion.

On a side note, I was also shocked when I saw that Lucid had a display there this year for the first time which was great to see given the huge crowds that attend the fair. That being said, their display seemed a bit underwhelming. They had 2 cars and both were full of fingerprints and the screens were displaying warning messages and the rep from Lucid seemed completely disengaged. He was staring at his phone, ignoring customers and seemed like he couldn't wait to get out of there. All of those things combined wasn't a great look, to be honest and it seemed like a missed opportunity to really show off the two Airs they had on display there and gain public interest.

 

[RM-S8]

I had a chance to see this vehicle yesterday when I was at the auto show at the State Fair of Texas.... I definitely had a bit of sticker shock when saw the $72k window sticker. I also had a chance to look at the vehicle briefly. The 3rd row legroom in the EV9 is absolutely laughable. I'm pretty sure the 2nd row seats were probably all the way back...but in that position, the seat back was literally about 3-4 inches from the 3rd row seat cushion. Even a small child couldn't fit their legs between the back of the 2nd row and the seat cushion.

On a side note, I was also shocked when I saw that Lucid had a display there this year for the first time which was great to see given the huge crowds that attend the fair. That being said, their display seemed a bit underwhelming. They had 2 cars and both were full of fingerprints and the screens were displaying warning messages and the rep from Lucid seemed completely disengaged. He was staring at his phone, ignoring customers and seemed like he couldn't wait to get out of there. All of those things combined wasn't a great look, to be honest and it seemed like a missed opportunity to really show off the two Airs they had on display there and gain public interest.

I'm reading thought your posts.
Consider yourself (and myself) shocked.

 

[hmp10]

. . . the screens were displaying warning messages and the rep from Lucid seemed completely disengaged.

Given the early reputational hit Lucid endured over its awful launch software -- and that still lingers in the press and social media -- this is absolutely inexcusable.

Lucid's software is in the big leagues now, but they've still got a lot of reputation to clean up on this score.

 

[DrZorro]

Given the early reputational hit Lucid endured over its awful launch software -- and that still lingers in the press and social media -- this is absolutely inexcusable.

Lucid's software is in the big leagues now, but they've still got a lot of reputation to clean up on this score.

I agree 100%. They needed some sort of Demo mode on the software and the error message on the left side of the screen with the big red triangle was something about a power steering fault which is very alarming in both the appearance and the message itself. My first thought was "yikes!". Not a good look when you're trying to make positive first impressions! A display booth in that condition could actually do more harm than good in regards to public perception!

 

[Batteryman]

I agree 100%. They needed some sort of Demo mode on the software and the error message on the left side of the screen with the big red triangle was something about a power steering fault which is very alarming in both the appearance and the message itself. My first thought was "yikes!". Not a good look when you're trying to make positive first impressions! A display booth in that condition could actually do more harm than good in regards to public perception!

Hope Lucid trains its sales people aggresively...no slacking!

 

[borski]

I agree 100%. They needed some sort of Demo mode on the software and the error message on the left side of the screen with the big red triangle was something about a power steering fault which is very alarming in both the appearance and the message itself. My first thought was "yikes!". Not a good look when you're trying to make positive first impressions! A display booth in that condition could actually do more harm than good in regards to public perception!

They do have a demo mode. I have no idea what was going on in that situation.