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Not just the first electric car, but the first car full stop. “Looking forward, we remain intently focused on ramping production and are excited about our product road map in 2022 and beyond, with Air Grand Touring Performance deliveries expected in June, Air Touring and Air Pure later this year, and our Project Gravity SUV remaining on target to begin production in the first half of 2024,” Mr Rawlinson said. The Lucid Air seems to be the first car that can truly do it all. Photo: Lucid We’re all fairly aware by now that starting a new car company is not easy. Inflation in the US reached 8.5 per cent in March, the highest level since 1981, while the Russia-Ukraine conflict is driving up the prices of metals.Įarlier this year, Amazon-backed Rivian Automotive had to roll back price increases of up to 20 per cent on electric vehicles booked before March 1 after facing backlash from customers, according to a Bloomberg report. The Air is a big car, but that doesn’t stop it from launching so hard that it almost lifts a wheel. Moreover, one of Lucid's performance cars recently set an impressive speed record. Rival electric car maker Tesla raised the prices of its vehicles in March, with chief executive Elon Musk saying on Twitter that the company, along with SpaceX, was struggling with “significant recent inflation pressure in raw materials and logistics”.Ĭhief executive Peter Rawlinson speaks at the Lucid Motors plant in Casa Grande, Arizona. Lucid Group ( LCID) is opening new locations in multiple U.S. The price of a new Air Grand Touring Performance model, which was announced two weeks ago, will remain at $179,000 in the US.
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