Lucid on Saturday confirmed a worth drop for many of its Air electrical sedan lineup—one that when once more positions the Air at a considerably decrease bottom-line worth versus that of the Tesla Mannequin S.
After the value adjustment, the bottom Lucid Air Pure begins at $83,900 in Twin Motor all-wheel-drive kind, together with the $1,500 vacation spot price. That mannequin provides an EPA-rated vary of 410 miles with the usual 19-inch wheels—or 384 miles should you step as much as 20-inch wheels.
The bottom Tesla Mannequin S Twin Motor that almost all carefully compares, presently begins at $89,880, together with a $1,390 vacation spot cost, and delivers an EPA-rated 405-mile vary with its customary 19-inch wheels or 375 miles with the accessible 21-inch wheels.
2023 Lucid Air Pure
That leaves room for the rear-wheel-drive Lucid Air Pure Single Motor, at $78,900. Lucid now notes this base Air might be accessible beginning in September.
A lot of the remainder of the Air lineup additionally sees the downward adjustment, with the Air Touring now beginning at $96,500 and the Air Grand Touring beginning at $127,100. Lucid Air Touring fashions make 620 hp and obtain as much as a 425-mile vary, and the Grand Touring fashions make as much as 1,050 hp and hits 516 miles of EPA vary in some variations because of their bigger 112-kwh battery pack (versus 92 kwh).
As Lucid notes, it’s again to the unique pricing for the Air—pricing that was initially positioned to be $71,400 ($69,900 earlier than vacation spot) after the EV tax credit score. After new guidelines it now not qualifies for that on the premise of worth.
Lucid Air
When introduced, that low base worth appeared to push Tesla CEO Elon Musk to decrease Mannequin S costs for a time, to a stage a lot decrease than they continue to be at this time. That was previous to a refreshed 2021 Mannequin S lineup, and a 520+ mile Plaid+ mannequin that by no means arrived.
Lucid’s 36-month lease costs are dropping, too—to $749 a month on the Air Pure, $1,149 a month for the Touring, and $1,399 a month for the Grand Touring. Lucid was one of many first automakers earlier this 12 months to faucet right into a federal tax credit score of as much as $7,500 that may determine into EV leases, no matter sticker worth or the place the car was constructed.
2022 Lucid Air Grand Touring
Lucid continues to replace and overhaul its interface and, as Inexperienced Automotive Studies skilled in a assessment of the highest Air Grand Touring mannequin late final 12 months, its cabin tech and luxury are extra spectacular than that supplied by rival fashions—with a couple of exceptions that remained works in progress, like its Freeway Help performance.
There’s no indication the value minimize will apply to the unique tri-motor, 1,200-hp Lucid Air Sapphire. It boasts efficiency numbers that beat these of the Tesla Mannequin S Plaid—at a far increased worth of $250,500.
Lucid Air Sapphire
Lucid Air Sapphire
Lucid Air Sapphire
The drop in costs for the remainder of the Air lineup might assist spur extra gross sales, after a number of quarters that point out it’s making extra automobiles than it’s promoting. Lucid reported in July that in the course of the second quarter of 2022 it produced 2,173 automobiles at its Arizona manufacturing facility whereas it delivered 1,404 automobiles to clients in that interval. That introduced the year-to-date complete, via June, to 4,487 automobiles made and a pair of,810 automobiles delivered.
