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InsideEVs
InsideEVs
Technology
Tim Levin

Lucid Delays Cosmos EV To 2027 As Part Of Turnaround Plan

Lucid Silvio Napoli
  • Lucid's Cosmos EV will now launch in 2027, not 2026, the automaker's new CEO said on Tuesday.
  • Silvio Napoli said he does not want to rush the midsize EV into production before it's ready, as Lucid has done in the past.
  • Napoli said he is reviewing the business and laid out the beginnings of a turnaround plan.

Lucid Motors will launch its more affordable, midsized EV in 2027, not late 2026 as initially planned, CEO Silvio Napoli said on the company's second-quarter earnings call on Tuesday. The delay comes amid a broad review of Lucid's business that has included deep job cuts and an overhaul of the executive suite.

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