Lucid Motors reveals Lucid Air luxury electric car with 517-mile range aimed at Tesla

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Lucid Motors reveals Lucid Air luxury electric car with 517-mile range aimed at Tesla
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The days of fearing that you might run out of juice when driving an electric car may be coming to an end with the development of the longest-range battery-powered vehicle yet. 🤩

The Air Grand Touring and Air Dream Edition will arrive in the second quarter of 2021, while the Air Touring will arrive in the fourth quarter of 2021 and the Air in 2022, the company said.

Financing is taken care of for now. In 2019, Lucid obtained a $1 billion investment from the sovereign wealth fund of Saudi Arabia.The vehicle is “truly mass-producible,” Rawlinson said. “It's 100% in-house, and there is nothing else remotely close to this.” He said the company’s goal is to make 34,000 vehicles per year once it completes its first phase of ramp-up, with plans to get up to 400,000 per year within six years. By comparison, Tesla sold 367,500 vehicles worldwide in 2019, up 50% for the year.

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