Lucid unveils Tesla Model Y rival, set to launch in 2026
In 2026, Lucid Motors is set to launch its highly anticipated electric SUV, poised to compete with the Tesla Model Y. Priced below $50,000 (€46,000) in the US, this new model will introduce Lucid's innovative mid-size platform and advanced Atlas drive unit. CEO Peter Rawlinson promises improved efficiency and performance, aiming to rival emerging competitors like the Rivian R2.
For buyers following Tesla in Cyprus, this is the kind of update worth weighing before the next purchase.
Lucid's innovative technology allows the SUV to achieve a competitive range with a smaller battery compared to its rivals. CEO Rawlinson emphasized, ‟Our vehicles travel farther using less energy, resulting in substantial cost and weight reductions as we expand our production.‟ A sneak peek at the SUV showcases a stylish, aerodynamic design with a sloped roofline similar to the Kia EV6, suggesting impressive efficiency and range capabilities.
Furthermore, Lucid is in the process of developing a sedan to rival the Tesla Model 3, built on the same mid-size platform. The exact release date for this sedan is still up in the air. Lucid has experienced significant growth, exceeding their projected 2023 sales numbers in just this year. They have also spread into various European markets such as Germany and Switzerland. However, the introduction of right-hand-drive models is still uncertain. Rawlinson has shown interest in tapping into the right-hand-drive market, but noted that current engineering priorities and resource limitations are posing a challenge.
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What to know about importing a car to Cyprus from the UK or Japan, or Australia
We import vehicles from the UK, Japan, and Australia that meet Cyprus requirements for vehicle age, emissions standards, and registration eligibility. You can choose a vehicle yourself or let us source the right one for you — based on your budget, body type, mileage, and spec.
It depends on the origin. UK delivery takes between 10 and 30 working days. Japan and Australia typically require 16+ weeks.
A deposit secures your vehicle and locks in the terms. The exact amount depends on the vehicle and sourcing region. All costs are detailed in your agreement before you pay anything.
Yes. Before securing your vehicle, we carry out a full pre-sale check — vehicle history (HPI), registration status, and any outstanding finance or restrictions. We also request a video walkthrough from the dealer, an inspection report for Approved Used vehicles, or a copy of the auction sheet for vehicles sourced from Japan. Payment to the seller is only made once all checks are confirmed.
We use a clear, milestone-based structure to keep you protected. A 10% deposit secures your commission and starts our search. The main 70% is required only after we review actual photos or videos of the vehicle and verify its history. The final 20% is settled just before arrival in Cyprus (express delivery requires full upfront payment). Every detail is clearly outlined in your agreement so there are never any surprises.
Marine transit insurance is available on request and tailored to your vehicle's route and value. We arrange the policy for your vehicle so it is fully covered from loading to arrival in Cyprus.
To sign the contract, you'll typically need a passport (if you've been in Cyprus less than 6 months) or an ARC (Aliens Registration Certificate), plus an insurance cover note. We can help arrange insurance if needed. Everything else — purchase, logistics, customs, and registration — is handled entirely by us.
Yes. Before payment is made to the seller, your deposit is refundable minus any costs already incurred. Once the commission is confirmed, the vehicle is reserved exclusively for you and taken off the market — so refund terms depend on the stage of the deal and expenses to date. All conditions are agreed upfront in the contract.
Yes. You receive updates at every key stage — purchase confirmation, dispatch, port arrival, customs clearance, and registration. You stay fully in the loop from departure to the moment we hand you the keys.
The bot provides an estimated landed cost based on your vehicle's specifications. The final price is confirmed after the vehicle is verified and the exchange rate is locked on the payment date.
Lucid unveils Tesla Model Y rival, set to launch in 2026
