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Lucid Group to Launch Air Pure and Air Touring on November 15th

Published 11/04/2022, 11:23 AM
Updated 11/04/2022, 11:28 AM
© Reuters.  Lucid Group (LCID) Lucid to Launch Air Pure and Air Touring on November 15th
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By Michael Elkins 

American electric vehicle company, Lucid Group (NASDAQ:LCID) will soon complete its Lucid Air lineup as the company prepares to unveil the Air Pure and Air Touring on November 15 at the Lucid Studio Beverly Hills.

The event marks the first time that the company’s full Lucid Air lineup will be on display, with the Pure and Touring to appear alongside the Grand Touring, Grand Touring Performance, and high-performance Sapphire.

The event will take place on Tuesday, November 15th. "In the Air and Beyond – A Lucid Launch Event" will also include the first Air Touring delivery taking place that same evening at the company's Beverly Hills Studio.

The Lucid Air Pure is the entry model into the Air lineup, with a starting price of $87,400. The model will initially launch with a dual-motor, all-wheel-drive configuration. The full specs for the Air Pure, including the EPA-estimated range, will be announced at the event on November 15th.

In addition to the world debut of the Air Pure and Air Touring, the online event will feature announcements about the Lucid business and future models. Lucid will also provide the latest developments for the Air Sapphire. Priced from $249,900, the Lucid Air Sapphire is claimed to do 0-60 mph in under 2 seconds, 0-100 mph in under 4 seconds, the quarter-mile in under 9 seconds. Customers wishing to reserve one must pay a $25,000 deposit.

Shares of LCID are up 3.30% in mid-day trading on Friday.

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