This content is not financial advice and is for information, education and entertainment purposes only. Shares of Lucid trade on the NASDAQ under the ticker symbol LCID. Reservations for the Air Saphire will open on Tuesday, August 23rd with an MSRP of $249,000. The company says that it expects to begin production in the first half of 2023 with initial deliveries slated to begin late next year. The company says that the new Sapphire brand will incorporate microjet cooling and wave winding while also benefiting from an upgraded battery system providing for higher power and more precise thermal logic.Įric Bach, SVP of Product and Chief Engineer, Lucid Group commented: "With three state-of-the-art electric motors- all developed and manufactured in-house- the Lucid Air Sapphire reaches an entirely new level of performance.” Additionally, the vehicle will be able to go from zero to 100 mph in less than four seconds and clock the standing quarter mile in under nine seconds. Lucid says the new Air Sapphire will possess over 1,200 horsepower and accelerate from a standstill to 60 mph in under two seconds. This new model will feature a three-motor powertrain that includes a twin motor rear-drive unit as well as a single motor front-drive unit. Lucid delayed the Air's launch from the spring and plans to start shipping Airs by late 2021.Lucid Group (NASDAQ: LCID ) has introduced its all-new performance brand, led by the company’s new ultra-high-performance Air Sapphire.
It still claims a bonkers 933 horsepower.īoth vehicles start at $169,000, but Lucid has more affordable cars in the pipeline.
The Performance version promises 1,111 horsepower and a 2.5-second 0-60-mph time, while the Range variant is more geared toward squeezing out mileage. Motor Trend and Rawlinson made the journey in a pair of Dream Edition Range models, which Lucid announced on Wednesday would be an available trim in addition to Dream Edition Performance models. That Lucid can produce a vehicle with a range so far ahead of the competition (albeit at a high price) bodes well for its future in the cutthroat and increasingly packed EV space. Range is a top consideration for EV buyers who want to comfortably take long trips even as charging infrastructure in the US lags. Read more: Rivian rival Lucid's CEO says he delayed his $77,000 EV by nearly a year because he can't gamble on quality control: 'We have one shot at this' The outlet took the trip with Lucid CEO Peter Rawlinson, whose identical vehicle showed 72 miles of charge left, adding up to a total range of 517 miles. (Tesla crossed the 400-mile-range threshold just last year).
Motor Trend drove an Air 445 miles from Los Angeles to the Bay Area on a single charge and noted 30 miles of range remained, a feat that would have been unthinkable just a couple of years ago.
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Lucid claims the limited-run Air Dream Edition, its first vehicle, can travel up to 517 miles on a full battery, over 100 miles more than the Tesla Model S, which has dominated the range game for years. Lucid proved that the Air gives Tesla's best cars a run for their money and then some during a recent journey in the car with Motor Trend. There's one key edge that Lucid may have over Elon Musk: range. But it still faces the daunting task of convincing shoppers to go with an untested upstart over a proven EV maker like its biggest rival, Tesla. Electric-vehicle startup Lucid Motors is on the cusp of delivering its first vehicle: the Air sedan.
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