That's for 240 miles and 400 hp, for starters. And take $7,500 off with federal tax credit.

The cost of the Lucid Air is going to be less than we expected. A lot less. In fact, Lucid Motors has published what feels like an entire dossier about the price and options in the Air because of what it says has been a bit of, "confusion regarding the price range." Here are the details.

The Air that we've all been seeing and using to gauge how much the Air will cost is a "well-optioned Lucid Air," the company said in a new blog post, which has lead to said confusion. The final price of the top-of-the-line model will be, "above $100,000," but Lucid Motors now says that the base model electric vehicle will start at $60,000 ($52,500 after the $7,5000 federal tax credit) and yet have, "superior comfort, a better user interface, and better performance than comparably priced BMWs and Mercedes-Benzes."

For your $60,000, you will get a car with a 240-mile range, 400 horsepower delivered from the rear wheels, and, "all hardware necessary for autonomous driving." Perhaps the software will cost extra? This is uncertain, but like Tesla, Lucid will offer over-the-air updates to its vehicles. Some of the options you will be able to choose include bigger batteries (to push the car to 315- or 400-mile ranges), an AWD, two-motor powertrain with 1,000 hp, and a glass canopy roof. Oh, and 29 speakers (up from 10 in the base model), if you really, really want to hear your compressed digital music files blaring from every corner of your EV.

The first Airs that will sold will be the Launch Edition trim, which will have the 315-mile pack and 1,000 hp, among other benefits. Getting your hands on one of the 255 Launch Edition vehicles will require a $25,000 deposit not, while being willing to accept car #256 or later needs just $2,500 now.  You can reserve a car here and read more about the Air and its options here. Lucid isn't saying quite yet when the first Airs will be available, but 2019 is the timeline we've heard before.

Read also:

Source: InsideEVs

Lucid Motors Air

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Clear the Air – The $52,500 Lucid Air
The Latest Details on Pricing and Trim for the Lucid Air

On December 14, 2016, Lucid revealed the Lucid Air to the world during a private VIP event in Fremont, California. This marked our first opportunity to present the Air's design to the world and to begin demonstrating the capabilities of this groundbreaking new vehicle. The launch event was a resounding success, and we are thankful for all our partners who helped us prepare, for the many enthusiastic people who attended, and for the many positive media stories that resulted.

With the event now completed, we realize that there are aspects of the company and the Lucid Air that could use further clarification. We also realize that additional questions will arise periodically, requiring our timely response. To address these questions, we are creating a new blog series we call Clear the Air, the first edition of which I am using to elaborate further upon the pricing and features of the Lucid Air.

The Base Lucid Air

The car that we have been showing publicly represents a well-optioned Lucid Air, leading to confusion regarding the price range. Much of the speculation suggests that the starting price of the car will be over $100,000, which is not accurate. The Lucid Air will have a base price of $52,500, after the federal tax credit available to buyers of battery electric vehicles is subtracted. The base model car will be well appointed and enjoyable to drive. It will provide superior comfort, a better user interface, and better performance than comparably priced BMWs and Mercedes-Benzes.

Features of the base Lucid Air include:

    240-mile range
    400 horsepower (rear-wheel drive)
    All hardware necessary for autonomous driving
    Huge interior space in an efficient package
    Two trunks, one in the front and one in the rear, with a combined storage capacity of over 32 cubic feet (similar to the volume of a 4-person hot tub)
    12-way power front seats
    LED multi-lens array headlights
    Four screens, with interactive-touch surfaces on three
    5-seat configuration with a rear bench seat
    10 advanced airbags
    Aluminum roof
    19-inch wheels
    10-speaker audio system
    Over-the-air software updates

Options

Above the base model, there will be a number of available options, as demonstrated by the alpha show car, which will allow the Lucid Air to compete with the best of the large luxury cars. We don't yet have all of the options and packages ready to announce, but we can give you a sense of what options will be available:

    315-mile and 400-mile-range battery options
    Up to 1,000-horsepower twin-motor configuration, with all-wheel drive
    Fully active suspension, delivering a world-class ride
    Glass-canopy roof
    Rear executive seats that recline up to 55 degrees
    22-way power front seats with heating, ventilation, dynamic bolsters, and massage
    21-inch Lucid-design wheels
    29-speaker audio system with active noise cancellation
    Expanded leather trim with corresponding material upgrades

A fully loaded Lucid Air will have higher performance, greater comfort, and better efficiency than the current high-end market benchmarks. This unique set of attributes will allow the Lucid Air to compete with the best in the world, across multiple automotive classes. The price of a fully loaded Air will be above $100,000, but we are not yet able to provide specific top-of-the-line pricing.

The Launch Edition

We have also received many questions related to the pricing and features for the 255 Launch Edition cars that will be the first customer cars off of the production line. These cars will be very well optioned as standard and will be priced over $100,000. Expect a 315-mile range, 1,000 horsepower, autonomous driving hardware, 21-inch wheels, and an upgraded audio system for starters. Some features, such as the rear executive seats, cannot yet be confirmed for early production. The Launch Edition cars will also have unique colors and badging, signifying their special nature. Additional details will be announced closer to the start of production.

We hope this post has provided additional insight into the pricing and optional feature strategy for the Lucid Air. We intend to have a car that is competitive in features and price with mid-level luxury vehicles and can also be configured to compete with the best cars in the world across classes.

Reserve your Lucid Air and Lucid Air Launch Edition today.

We Want to Hear from You

If you have additional questions that you would like Lucid to answer, please send an email to ClearTheAir@lucidmotors.com. We will periodically answer questions using the Clear the Air series in the Lucid Stories section of our website. There may be questions that we are not able to answer, either because it is still too early in our development or because the information needs to remain confidential. We will be as transparent as possible, and we appreciate the continued interest and feedback from everyone who is joining us on our journey.

All prices and features described are subject to change. Prices are quoted with a $7,500 federal tax credit deducted from the price.