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Lucid Air RWD At A Look — Here is How It Stacks Up In opposition to Tesla’s Mannequin S – Lucid Gr (NASDAQ:LCID), Tesla (NASDAQ:TSLA)

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EV maker Lucid Group Inc LCID on Thursday launched the brand new Lucid Air Pure Rear Wheel Drive (RWD) in a bid to make its lineup cheaper.

What Occurred: The brand new automotive, priced at $77,400, is now in the identical value vary as Tesla Inc‘s TSLA Mannequin S twin motor all-wheel drive (AWD). The Mannequin S, nonetheless, is priced decrease than the Lucid at $74,990.

Lucid Air Pure AWD, in the meantime, is priced at $82,400, or $5,000 greater than the RWD model. The Mannequin S Plaid tri-motor trim which might contact 60 miles per hour in 1.99 seconds is priced solely a tad larger at $89,990.

Options On The New Car: The Air Pure RWD wields an influence of 430 horsepower and may speed up from 0-60 miles per hour in 4.5 seconds. It additionally has an estimated vary of 410 miles.

Whereas these specs are certain spectacular, it nonetheless falls in need of the Mannequin S which might contact 60 miles per hour in 3.1 seconds. The Mannequin S, nonetheless, has a touch decrease vary of 405 miles.

Lucid Air Pure RWD Tesla Mannequin S
Motors Single Motor Twin-Motor
0-6- mph 4.5 s 3.1 s
Estimated Vary 410 miles 405 miles
Value $77,400 $74,990

Why It Issues: “With a beginning value of $77,400, I consider that this new addition to the Lucid Air lineup is the automotive so many have been ready for,” Lucid CEO Peter Rawlinson mentioned concerning the new automobile. The brand new automotive is the most cost-effective of Lucid’s lineup whereas the Mannequin S is the extra premium of the Tesla lineup. Tesla’s most cost-effective car- the Mannequin 3 RWD- begins at $38,990.

Rawlinson was previously the chief engineer for Tesla‘s Mannequin S.

Take a look at extra of Benzinga’s Future Of Mobility protection by following this hyperlink.

Learn Subsequent: Value Drop Alert: Tesla Makes Mannequin Y, Mannequin 3 Extra Inexpensive For US Consumers

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