Back in late 2016, EV startup, Lucid Motors revealed an early prototype version of its Tesla-eating “Air” concept, a luxury battery-powered sedan with a sub-2.5-second 0-60mph time, a 400-mile range, a powertrain making up to 1,000hp, 200mph+ top speeds, and a projected price-tag of just $60K. Lucid was slated to move into a new $700M factory in Arizona to start production in 2018, though funding issues put those plans on pause. Towards the tail-end of 2018, the California-based EV outfit secured more than $1B in funding from Saudi investors, enabling them to recommence their plans for production.
This week, roughly three years after the Lucid Air’s initial unveiling, the electric car maker has finally announced it will officially unveil the production-ready version of the company’s halo model this April in New York. Furthermore, Lucid says it will be rolling out an early, 80-unit production run of beta prototype versions of the Air that are expected to leave the factory in “early Q4 of 2020,” with full production slated to begin sometime before 2021. Lucid has also lowered its preorder deposit from $2,500 down to $1,000. For more information on the Air or to lay claim to your own Lucid Air, check out the manufacturer’s website.