Lucid Air Officially Priced From $77,400 Before Federal Tax Credit

• The base car will be RWD with a projected 406 miles of range.

• Touring will have dual motors and be priced from $95,000 before credit.

• Reservations are now open and require a $300 deposit.

Electric vehicle offerings are beginning to trickle in and all are, inevitably, being compared and pitted against the mighty cars and SUVs from Freemont. The Lucid Air will be the first to truly take on the Tesla Model S in pricing, performance, and range as proven by its entry-level price of $77,400.

For this sum, the Lucid Air will offer a projected EPA estimated range of 406 miles on a single charge, a single rear motor good for 480 horsepower, and an incredibly cosseting and luxurious interior. This will include the 34-inch Lucid Glass Cockpit curved, floating display, and much more. A dual-motor setup will be optional. This is the base Tesla Model S’ principal advantage over the Air as dual-motor all-wheel drive is standard with the $71,990 asking price for the Long Range Plus. Range and performance are quite similar.

The $95,000 Lucid Air Touring offers more of everything except for range. Standard with the Touring is a dual-motor setup which develops a total system output of 620 horsepower. Here too, the Air Touring closely matches the Model S Performance priced from $91,990.

Those who opt to reserve now will be entitled to three years of complimentary charging at Electrify America’s nationwide network of ultrafast charging stations. Also, it’s important to note that the IRS has not yet certified the Lucid Air as being eligible for the federal tax credit.

The first deliveries of the Lucid Air begin next spring.