Lucid › It's Time To Deliver

Lucid rolls first EV off assembly line & begin deliveries in late October

By Lucky 33

Lucid › It's Time To Deliver

Lucid Group › LCID › drove its first customer-quality Lucid Air electric sedans off the assembly line on 28-Sep at its AMP-1 factory in Arizona. The company expects customer deliveries for the most expensive Dream edition to begin in late October & ramp up thereafter.

Lucid is launching its brand & already beating the top numbers from Tesla & any others.

Investors in electric vehicle company Lucid Motors have been waiting for this moment for a number of years. On 28-Sep the company announced that the first customer-quality Lucid Air sedan rolled off the production line at its facility in Arizona. With deliveries only a few weeks away, it is now time for the company to deliver on growth prospects that have been years in the making.

When the company first announced the planned construction of its Casa Grande factory, the hope was that cars would be coming off the line in early 2019. Financial problems led to some delays, & the pandemic certainly did not help. Earlier this year, there were hopes that deliveries would start in Q3, but that timeline eventually was pushed back.

The Air Sedan starts at $77,400 before EV incentives, & maximum range versions can go over 500 miles on a charge, easily beating the Tesla Model S. The Dream Edition variant will start at a whopping $169,000, but due to strong demand, Lucid has upped its production run to 520 vehicles. On Tuesday, the company also revealed that it now has over 13,000 reservations for the Air, up from more than 11,000 just two months earlier. Lucid will also have an SUV coming in 2023 as it looks to increase its presence in the EV space.

Lucid LCID air electric sedan deliveries
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