The all-electric automaker Lucid Group, which plans to go public this year, announced on Thursday that one of its future luxury Air sedans has an EPA range of more than 520 miles. The Lucid Air Dream Edition Range variant’s official rating moves Lucid past Tesla, who has long led this area.
The official EPA range of the Lucid Air — and its several variants — was projected to be on par with or better than that of some Tesla models. This announcement not only gives Lucid bragging rights but also reveals a little about the company’s strategy of offering a variety of Air sedan models at prices ranging from $169,000 to $77,400.
Lucid originally intended to sell only one version of the Lucid Air Dream Edition, which would be the sedan’s first and most expensive variant. The Lucid Air Dream Edition Range, which has 520 miles of range and 933 horsepower when equipped with 19-inch tires, and the Lucid Air Dream Edition Performance, which has 1,111 horsepower and can go 471 miles on a single charge when equipped with 19-inch tires, are now available. When the vehicles are equipped with 21-inch tires, the range of the Dream Edition Range drops to 481 miles and the Dream Edition Performance drops to 451 miles.
The range statistic, according to Lucid Group CTO and CEO Peter Rawlinson, is due to a combination of the company’s 900V battery and battery management system, smaller drive units, and electric drive train technology. According to Rawlinson, this is a new record for any EV.
Lucid intends to build and market additional Air models, including a Grand Touring model with a 516-mile EPA range rating. The Grand Touring model starts at $139,000, while the Dream Edition model starts at $169,000. The Air touring, which starts at $95,000, and the Air Pure, which starts at $77,400, are two other, less expensive variants that the company hopes to sell.
The all-electric automaker Lucid Group, which plans to go public this year, announced on Thursday that one of its future luxury Air sedans has an EPA range of more than 520 miles. The Lucid Air Dream Edition Range variant’s official rating moves Lucid past Tesla, who has long led this area.