Lucid has announced it will continue offering an equivalent of the U.S. $7,500 electric vehicle (EV) tax credit for customers unable to take delivery before the credit ends on September 30, 2025. However, the offer only applies for leases of the Lucid Gravity SUV.
Called the Lucid Advantage Credit, qualifying customers who place an order for a Lucid Gravity by September 30 and sign a lease agreement between October 1 and December 31 are eligible to receive the benefit. Lucid says existing eligible customers who have already placed orders are also covered automatically, with no extra steps required.
“We are committed to doing our part through the end of the year to ensure an equivalent benefit remains available for our Lucid Gravity lease customers who are unable to take delivery before September 30,” said Erwin Raphael, Lucid’s Vice President of Revenue.
The federal $7,500 EV credit has been a key factor in making EVs more affordable for many buyers since it was re-introduced in 2023. However, the current version of the credit is set to expire at the end of September, after the Trump administration decided to revoke it.
Lucid’s interim CEO, Marc Winterhoff, has previously urged lawmakers to maintain incentives for newer automakers that have not yet reached large-scale production. While legacy manufacturers benefited from years of eligibility, he argued that phasing out the credit now disproportionately impacts companies still scaling up.
“It’s widely known we haven’t yet sold 200,000 EVs,” Winterhoff said earlier this year. “But many others in the past have, and they all had that credit,” Winterhoff said. “And why would you now change it and basically make it very difficult for new players in the market?”
Lucid has produced just 20,736 vehicles since starting deliveries in 2021 and expects 2025 output to reach between 18,000 and 20,000 units—a figure it recently lowered from its earlier 20,000-unit target.
