Lucid Air

EV startup Lucid Motors revealed the final specs for its Tesla Model S Plaid-rivaling “luxury electric super-sports sedan” Tuesday. Boasting more than 1,200 hp, the Lucid Air Sapphire accelerates from 0 to 60 mph in a mere 1.89 seconds.

Amid intensifying competition in the EV market, Lucid Motors is drastically reducing prices on its Lucid Air electric sedans with some models over $12,000 off.

California-based EV maker Lucid Motors says its ultrahigh-performance EV, the Lucid Air Sapphire, will be available soon. With over 1,200 horsepower, the Sapphire can keep up with the best, even topping Tesla’s Model S Plaid.

It has now been close to two years since Lucid Motors began rolling its flagship Air sedan off its assembly lines. We were lucky enough to attend Lucid’s launch event and got to test drive the Dream Edition Air. However, even as Lucid’s footprint grows in the US, many consumers have not even seen an Air up close, let alone driven one. Beginning this month, Lucid Group is going on tour with the Air to give US consumers a chance to experience it for themselves.

Another version of the Lucid Air is reaching reservation holders, so naturally, that means it was also time for me to get behind the wheel of it and test it for myself. My latest Lucid EV loan was with the Touring – the third in the lineup and second most affordable option behind the Air Pure. I’ve pushed the Air Dream Edition’s 1,111 horsepower out on the highways of Arizona and have driven the Air Grand Touring up the California coast, but the Touring might just offer the most bang for your buck.

Following a little teaser in early January, Lucid Motors has publicly shared its financial results for Q4 and the full fiscal year 2022 in an investor presentation you can view below. Air EV production was way up to cap off last quarter, leading to revenues over $257 million. As a result of the whole year, Lucid Motors believes it is liquid enough to safely navigate into 2024. Details below.

Lucid Motors isn’t about to let potential customers of the other American EV automakers have all the fun. Just because its EVs don’t qualify for federal tax credits under new terms in the Inflation Reduction Act does not mean customers looking to buy a new Lucid Air can’t get $7,500 off. That’s right – for a limited time, Lucid Motors is offering its own $7,500 credit for purchases of select models of the Air sedan.

Lucid Motors has shared some optimistic news ahead of its detailed Q4 report with investors next month. The young American automaker saw significant production growth over 50% to cap off 2022, helping it surpass its guidance of 7,000 units for the year.

Elon Musk may think Lucid Motors could be on the verge of death as a company, but its latest tri-motor version of its Air sedan sure says otherwise from a speed standpoint. In a recent video you can view below, the team at Hagerty put the Lucid Air Sapphire up against the Tesla Model S Plaid and Bugatti Chiron in a drag race. As if that wasn’t enough, Sapphire took on a Ducati motorcycle head to head as well.

Lucid Group and Panasonic Energy announced they have entered into multi-year agreements that entail the latter supplying lithium-ion batteries to both the Lucid Air and Gravity SUV. Part of the agreement supports Panasonic Energy’s plans to expand outside of Japan and begin production at a new facility in the US.

Less than two weeks after promising to unveil its full electric sedan lineup with the public, Lucid Motors has officially launched the Air Touring with the Air Pure to follow this year. Even as the lowest-tier version of Lucid’s flagship sedan, the Air Pure is promising 410 miles of range and 0-60 mph acceleration in under four seconds. Delicious.

Lucid Motors ($LCID) has posted its financial results for Q3 of 2022 ahead of its earnings call with investors later this afternoon. EV production and Air deliveries continue to grow while cash on hand continues to shrink. Still, Lucid Motors appears to be in good shape headed into 2023 as it looks to soon launch its second model, Project Gravity.

On November 15, Lucid Motors announced it will stream a global launch event called “In the Air and Beyond,” in which the American automaker will debut the final two trims of its flagship sedan – the Air Pure and Air Touring. Lucid is also promising progress updates regarding its business strategy and future EV models like its electric SUV. Here’s what to expect.

Ahead of its full financial report next month, Lucid Motors has shared more optimistic production numbers for Q3, indicating a substantial ramp-up compared to previous quarters. Although the automaker has had to slash its annual output goals twice, Lucid says it remains on par with its latest goal of producing 6,000-7,000 EVs this year.

0-60 mph in under two seconds, quarter mile in under nine, and a top speed over 200 mph. Lucid Motors continues to bolster its flagship Air EV by unveiling the new tri-motor Sapphire model at Monterey Car Week today.

Available next year, this new version is touting performance specs to solidify it as one of the fastest production EVs on the planet.

Following a less than stellar Q2 financial report last week, Lucid Motors is diverting the public’s eyes to a shiny new exterior design add-on for the Air sedan called “Stealth Look.” This darker, sportier design replaces thirty-five exterior components on the Air and will come as a choosable option to compliment any of the five color options currently available.

For over a year now, I have been planning a trip up the coast with my parents to San Francisco. What a perfect opportunity to test out the new Lucid Air Grand Touring Performance! Lucid Motors lent me its latest EV, and we were off in search of coastal views, some Chicago Cubs wins, and a genuine test of how the Grand Touring Performance would handle a 450-mile road trip north. Here’s how it went.

During this year’s Goodwood Festival of Speed, Lucid Motors not only publicly debuted its Air Grand Touring Performance for the first time, but raced up the famed hill … quickly. Manned by professional driver Ben Collins, the Lucid Air Grand Touring recorded a time in the Goodwood Hillclimb Timed Shootout fast enough to claim the crown as fastest production car.

Today Lucid Motors announced a new digital financing platform called Lucid Financial Services to provide lease and loan purchase options to Air EV customers in the United States. The financing options are provided through a strategic relationship between Lucid Group and Bank of America.

News emerged today that Lucid Motors has issued its second recall on its flagship Air sedan. According to the American EV automaker, the issue concerns a wired data connection to the instrument panel that may not have been secured properly during a given vehicle’s assembly.

American EV automaker Lucid Motors shared its Q1 numbers for 2022, today reporting nearly $58 million in revenue despite a slow uptick of deliveries. Additionally, Lucid announced substantial price increases to multiple trims of its Air sedan for any new reservations beginning June 1.