Lucid reveals new lower-cost versions of the Air electric luxury sedan

Lucid reveals new lower-cost versions of the Air electric luxury sedan


Lucid Motors CEO unveils new Lucid Air Pure electric luxury sedan

Luxury electric vehicle maker Lucid Group on Tuesday revealed several new versions of its Air sedan – including its lowest-cost model yet.

CEO Peter Rawlinson said in an interview with CNBC’s Phil LeBeau the Lucid Air Pure will start at $87,400. An all-wheel drive version with 410 miles of range will ship by the end of this year, and a rear-wheel drive version will arrive in 2023.

Lucid Pure

Meghan Reeder | CNBC

The company also announced the Lucid Air Touring, with all-wheel drive, 620 horsepower and an EPA-estimated 425 miles of range. Lucid said the Touring is its “most efficient model yet,” able to travel about 4.6 miles per kilowatt-hour.

The Touring starts at $107,400, and deliveries will be underway shortly, Lucid said.

Lucid also said the high-performance Air Sapphire, which it revealed in August, is undergoing final tuning now. Lucid currently estimates that the Air Sapphire will accelerate from zero to 60 miles per hour in 1.89 seconds and have a top speed of 205 miles per hour, making it the world’s quickest sedan.  

The Air Sapphire starts at $249,000, and production will begin in the first half of next year.



Source

Stellantis CEO: 2026 is the ‘year of execution’ as Wall Street awaits turnaround strategy
Business

Stellantis CEO: 2026 is the ‘year of execution’ as Wall Street awaits turnaround strategy

Stellantis CEO Antonio Filosa speaks during an event in Turin, Italy, November 25, 2025. Daniele Mascolo | Reuters DETROIT — Stellantis CEO Antonio Filosa views 2026 as an execution year for the embattled maker of Jeep, Ram and Dodge vehicles in the U.S. after years of market share declines. Filosa has been undertaking a turnaround […]

Read More
Netflix likely to adjust Warner Bros. Discovery offer to make it all-cash
Business

Netflix likely to adjust Warner Bros. Discovery offer to make it all-cash

Netflix is likely to amend its offer for Warner Bros. Discovery’s assets, making an all-cash bid, CNBC’s David Faber reported on Wednesday. In December, Netflix reached a deal to purchase WBD’s streaming platform HBO Max and the Warner Bros. film studio in a transaction comprised of cash and stock. The deal is currently valued at […]

Read More
Citigroup is set to report earnings before the bell
Business

Citigroup is set to report earnings before the bell

Chief executive officer of Citigroup Jane Fraser visits FOX Business Network’s “Mornings With Maria” at Fox Business Network Studios on May 29, 2025 in New York City. John Lamparski | Getty Images Citigroup is scheduled to report fourth-quarter earnings before the opening bell Wednesday. Here’s what Wall Street expects: Earnings: $1.67 a share, according to […]

Read More