Lucid Motors, a start-up company that wants a slice of the EV market, has announced the starting price of its first automobile.
Called Air, the first car from Lucid Motors will start at $52,500 after including federal tax credits. The highest federal tax credit possible is $7,500, but eligibility is different in California, for example, so you will have to inquire individually to see how much you will get.
We must note that $52K will not get you the 1,000 HP model, but a 400 HP electric car, but its price after the incentives is more than attractive if you ask us.
It significantly undercuts the Tesla Model S, and this could be a strong incentive alone for a category of customers. We think that some of those people could have been clients of the Model 3, if it were launched sooner.
The 400 HP base model will have rear-wheel-drive, and it will offer a claimed range of 240 miles. Previously, Lucid Motors announced a 1,000 HP car with a 400-mile range, but that will be the flagship of the range, which costs over $100,000.
We cannot help noticing that a base version of the Tesla Model S has a 218-mile range, and it starts at about $71,300 without destination and doc fee.
The base model Lucid Air comes with 12-way power front seats, two trunks, and all the hardware necessary for autonomous driving. Ten airbags are standard, and so is an aluminum roof, 19-inch wheels, and a rear bench seat with room for three passengers.
The audio system has ten speakers, and the interior offers four screens, out of which three are touch-operated. Just like Tesla models, Lucid provides over-the-air software updates. The headlights have a LED multi-lens array, and some think that the Lucid Air looks better than a Tesla Model S.
Optional equipment includes a configuration that will deliver up to 1,000 HP, a fully active suspension, a glass canopy roof, rear executive seats, and much more. The company has not specified how much will it charge for a fully-loaded model.
We must note that $52K will not get you the 1,000 HP model, but a 400 HP electric car, but its price after the incentives is more than attractive if you ask us.
It significantly undercuts the Tesla Model S, and this could be a strong incentive alone for a category of customers. We think that some of those people could have been clients of the Model 3, if it were launched sooner.
The 400 HP base model will have rear-wheel-drive, and it will offer a claimed range of 240 miles. Previously, Lucid Motors announced a 1,000 HP car with a 400-mile range, but that will be the flagship of the range, which costs over $100,000.
We cannot help noticing that a base version of the Tesla Model S has a 218-mile range, and it starts at about $71,300 without destination and doc fee.
The base model Lucid Air comes with 12-way power front seats, two trunks, and all the hardware necessary for autonomous driving. Ten airbags are standard, and so is an aluminum roof, 19-inch wheels, and a rear bench seat with room for three passengers.
The audio system has ten speakers, and the interior offers four screens, out of which three are touch-operated. Just like Tesla models, Lucid provides over-the-air software updates. The headlights have a LED multi-lens array, and some think that the Lucid Air looks better than a Tesla Model S.
Optional equipment includes a configuration that will deliver up to 1,000 HP, a fully active suspension, a glass canopy roof, rear executive seats, and much more. The company has not specified how much will it charge for a fully-loaded model.