

But unlike many of its SPAC peers, Lucid is actually generating revenue and producing vehicles. Lucid is among a handful of EV start-up companies to go public through deals with SPAC companies since last year. Originally teased as the Atieva Atvus it was unveiled. Pricing for an entry-level version of the car, the Lucid Air sedan, starts at $77,400 before an up to $7,500 federal tax credit for plug-in vehicles. The Lucid Air is an all-electric 4-door sedan, designed by the American automotive company Lucid Motors.

The Dream Edition is a $169,000 special edition of its flagship sedan, with an industry-leading range of up to 520 miles, according to the EPA. Lucid told investors in July that it expects to produce 20,000 Lucid Air sedans in 2022, generating more than $2.2 billion in revenue, according to an investor presentation. In total, Lucid has said it plans to deliver 520 customer-configured Lucid Air Dream Editions, followed by production of lower-priced models. It marks the first time that the initial product from a new automotive company has received the award, according to the publication. Lucid Motors claims its ADAS is the most advanced and comprehensive suite offering.
LUCID AIR RELEASE DATE DRIVER
The Lucid Air also offers DreamDrive, an advanced driver assistance system (ADAS). tesla 2022 model s, lexus ux hybrid 2020, mercedes eqc 400 specs. Air Pure starting at 69,900 (406-mile range 480 HP) Air Touring starting at 87,500 (406-mile range 620 HP) Air Grand Touring starting at 131,500 (517-mile range 800 HP). The new brand will be led by the world’s first fully. From the moment you open the Lucid app, to the immersive in-car experience, every interaction is designed to be instant, intuitive, and exactly as you wish. The all-electric Air sedan on Monday was named MotorTrend's car of the year, a coveted award in the automotive industry. Shop the cheapest selection of lucid air car release date, 50 Discount Last 3 Days. American electric vehicle manufacturer Lucid Motors (NASDAQ: LCID) on Friday introduced Sapphire, Lucids new ultra-high-performance brand. The advanced technology within Air is the real deal. Rawlinson echoed those remarks: "I think what is happening in our stock value reflects our status as a tech company more than a car company."

"The run up that we've had, where it is today and also the growth trajectory, frankly, that's in front of us. I see that we're being regarded as a technology company with a platform that's extensible across lots of vehicle variants and sustainable tech." "I feel great about our stock price," House told CNBC during a phone interview. The largest daily increase of 31% occurred late last month when the company confirmed customer deliveries of the Lucid Air Dream Edition were beginning. Shares of Lucid are up by more than 80% since the company went public through a reverse merger with Churchill in July.
