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Lucid Group Announces 2 New Air Sedan Versions, Including the 1,111 HP ‘Dream Edition Performance'

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【Summary】California-based luxury-performance electric vehicle startup Lucid Motors, now known as the Lucid Group after its IPO last month, announced two new versions of its forthcoming Lucid Air sedan on Wednesday - the Dream Edition Performance and Dream Edition Range. Both models feature a dual motor all-wheel drive powertrain with a top speed of 168 mph.

FutureCar Staff    Aug 25, 2021 9:00 AM PT
Lucid Group Announces 2 New Air Sedan Versions, Including the 1,111 HP ‘Dream Edition Performance'

Luxury-performance electric vehicle startup Lucid Motors, now known as the Lucid Group after its IPO last month, announced two new versions of its forthcoming Lucid Air sedan on Wednesday - the Dream Edition Performance and Dream Edition Range. Both models feature a dual motor, all-wheel drive powertrain with a top speed of 168 mph.

The Dream Edition Performance will be one of the world's most powerful electric car producing 1,111 horsepower. The Performance version of the Air was optimized for speed and acceleration, with a 0 to 60 mph acceleration time of 2.5 seconds.

The Dream Edition Range was optimized to travel longer between charges, but still delivers a respectable 933 horsepower. Lucid said that official EPA range certification is currently underway and will be announced for the two new models as soon as its complete.

However, Lucid recently completed a real-world evaluation drive with MotorTrend traveling from Los Angeles to Lucid's headquarters near San Francisco, a distance of 445 miles. Both Dream Edition Range cars arrived at Lucid's headquarters with remaining ranges of 30 and 72 miles, for a total range estimate of 475 and 517 miles.

"As a technology company, we seek to exceed expectations and this is clearly evident with our Lucid Air Dream Edition Performance and Range variants," said Peter Rawlinson, CEO and CTO, Lucid Group. "I'm delighted to provide our Dream Edition customers with this additional choice and breadth of capabilities."

2021-lucid-air_100760427.jpeg

The Lucid Air

The Lucid Air sedan will compete with high-end models from Tesla, Mercedes Benz, BMW, Audi and Porsche.

Even at the low end of 475 miles, The Dream Edition Range would be crowned the world's longest range EV, but the other versions of the Air are expected to deliver 500+ miles of range. For comparison, the latest version of Tesla's Model S has an EPA estimated range of 405 miles.

The entry-level Lucid Air Pure will be the lowest priced model from Lucid and will start at $77,400 before the $7,500 federal EV tax credit.  

Rawlinson said in the past that the ultra-luxurious and high-performance Lucid Air sedan will be the "world's most advanced electric car" and will define Lucid as a company. 

Lucid said it will be notifying Dream Edition reservation holders to update their configuration with their preferred version. Both models will cost the same at $169,000, but are eligible for the $7,500 federal tax credit for the purchase of a zero emissions EV.

The top of the line Lucid Air Dream Edition is already sold out.  

The price tag of the Dream Edition Air means it's out of reach for most buyers, so it will never be a mass market EV. However the more affordable Air Pure is poised to be a strong competitor to Tesla's flagship Model S and Porsche Taycan.

Lucid's next vehicle will be a luxury-performance SUV called the Lucid Gravity. It's scheduled for launch in 2023.

Deliveries of both versions of the fully reserved Lucid Air Dream Edition will begin later this year, with Lucid Air Grand Touring following shortly thereafter. 

The Air sedan will be built at Lucid's factory in Casa Grande, Arizona, which is the first purposefully built EV factory in the U.S.

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