First production model of Lucid Motors revealed

First production model of Lucid Motors revealed

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Lucid Motors revealed its first production model, the Lucid Air, a 1,000-horsepower electric car which will be priced as high as US$ 160,000.

The all-electric, technology-packed sedan aims to be "a private jet on four wheels," Lucid chief technology officer Peter Rawlinson told reporters at a warehouse in Fremont, California.

Deposits for Lucid Air are being taken now, US$ 2,500 for an edition that will be priced starting at around US$ 100,000 and US$ 25,500 for the US$ 160,000 Launch Edition whose independent dual rear seats almost fully recline in the manner of first-class airplane seating. Eventually, the company expects to offer a version at US$ 65,000.

The Lucid Air include twin electric motors front and rear that combine to produce a staggering 1,000 horsepower; a wide array of Lidar, radar and cameras to enable autonomous driving; and a range of 300 miles that can be increased to 400 as an option.

Executives with Lucid Motors, which numbers roughly 300 employees based in the Silicon Valley town of Menlo Park, said that the company would be rolling out company stores to sell its vehicles, an echo of Tesla's showrooms. Those stores should begin opening in late 2017. 

A few weeks ago, company officials unveiled plans to build an assembly plant in Casa Grande, Arizona, that will eventually employ 2000 people. Parts and components to come from suppliers nearby in Mexico’s state of Sonora. By 2022, total investment in the plant will reach US$ 700 million, according to Lucid manufacturing chief Brian Barron.


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