Lucid has released new details about its much-anticipated electric car, including an extremely affordable starting price tag for a fully featured luxury electric car. Unveiled at a recent VIP event in California, the Lucid Air comes in at just $60,000 for a base model—a figure that drops to a very-palatable $52,00 after the $7,500 federal tax credit for EVs gets factored in. And while we’re talking about a base model here, the performance and features boasted by the Air are far from Spartan. The car has a 240-mile range powered by a 400-horsepower, rear-wheel electric motor—along with equipment for autonomous driving, 12-way power front seats, four interactive touch screens, and more.


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You can get even more if you get in on the ground floor, as the first 255 Lucid Airs manufactured will be special Launch Editions priced at above $100,000 with a unique trim, 21” wheels, boosted audio, and up to 315 miles-worth of range at 1,000 horsepower. The company will also offer other configurations and options that include a battery with up to 400 miles of range, a twin-motor configuration with all-wheel drive, a glass canopy roof, rear executive seats that recline up to 55 degrees, 22-way power front seats; a 29-speaker audio system, and more.

Related: New York will give you a $2,000 discount to buy an electric car


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According to TechCrunch, the company recently released its pricing information in an effort to quell speculation that its vehicles would start at more than $100,000. Now they’ve revealed that you can not only get a luxury electric car for less than $60,000, but also one that’s high performance with great equipment; it’s getting harder and harder not to dump the gas guzzler and switch to electric.

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If you’re raring to get one of the first Airs off the line, you can reserve yours here–with a $2,500 deposit.

Via Lucid and TechCrunch

Images via Lucid