Futurism News

Tesla competitor Lucid Motors is pricing its electric cars at $60,000

Lucid, Lucid Motors

There is something about electric cars that is making manufacturers very, very hopeful. Take Lucid Motors for example. The company has put a price tag on its yet to come all-electric ‘Air’ sedan, and the base model is expected to cost somewhere around $60,000.

The ‘Air’ is expected to offer a range of 240 KMs on a single charge. What’s more, its price is expected to drop down to $52,500 once federal tax incentives are applied. Customers are required to place a $2,500 deposit to reserve a car however, delivery will start as late as 2019. And that is what the company is saying.

Earlier, it was decided that Lucid will start manufacturing its cars in Arizona in the fourth quarter of 2018. The venue has remained the same however, the schedule has shifted to the first half of 2019. Meanwhile, the car maker also divulged some other important details along with the price of the car.

For instance, Air will have a substantial 400 horsepower, rear-wheel drive. The car will also have all the requisite hardware for autonomous driving although, there hasn’t been any word upon whether or not the car will come with the software out of the shop. Lucid did mention an over-the-air update capability, so we can be pretty sure that the company will add self-driving features before long.

Lucid isn’t really compromising with anything on this car. For instance, there are 2-way power front seats, LED multi-lens array headlights and as many as four screens with interactive-touch surfaces on three. Safety is foremost with 10 advanced airbags, and the company has added a pretty sweet music apparatus with a 10-speaker audio system.

You can also opt for improved versions of the Air (Wish they were called Pro) and pick up a massively powerful vehicle with a 315-mile or 400-mile battery range and up to 1,000 horsepower twin-electric motor configuration with all-wheel drive. If you do though, get ready shell out in excess of $100,000.

If you had squirreled away even more funds for your dream car, you can add a glass canopy roof, 22-way power front seats with heating, ventilation, dynamic bolsters and massage for a price. You can also opt for 21-inch wheels and a 29-speak audio system along with other upgrades.

Phew, I have a feeling that Tesla is in for some seriously tough competition from Lucid — provided that it can stay on schedule of course. The company has contracted Samsung SDI for Lithium-ion batteries and is currently working upon its Arizona factory that will employ up to 2,000 workers by 2022.

A bibliophile and a business enthusiast.

mudit.m@thetechportal.in


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