• Lucid Motors introduced that will probably be rising costs for its first automotive, the Air, as a result of a bump in uncooked materials prices and world provide chain points.
  • The bottom Pure mannequin will price about $10,000 extra, now beginning at $89,050, whereas the Grand Touring goes up by over $15,000 to $155,650.
  • Reservation holders can order their Air on the authentic costs, and new reservations on the authentic costs can nonetheless be made earlier than the brand new costs go into impact on June 1.

    Startup automaker Lucid Motors has introduced that will probably be elevating costs for its Air sedan, citing a rise in uncooked materials prices and points with the worldwide provide chain. Lucid says that each one present reservation holders could have the possibility to order their Air EV on the value quoted once they reserved it. The pricing changes will take impact on June 1, and prospects can nonetheless put down a reservation on the present pricing earlier than the top of this month.

    The entry-level Air Pure sees its value enhance by $10,150 to $89,050, whereas stepping as much as the Air Touring will price you $109,050, up $12,550 from its authentic value. The most important value hike is for the Air Grand Touring, which is able to now begin at $155,650, a full $15,150 greater than it was beforehand listed at. Curiously, the Grand Touring Efficiency—the brand new range-topping mannequin now that the Dream Version is bought out—solely barely will increase to $180,650 as a result of $150 larger vacation spot cost.

    Lucid began manufacturing of the Air final fall and has delivered 360 autos to date in 2022. The corporate stays it has greater than 30,000 reservations, and that its 2022 manufacturing remains to be on observe for between 12,000 and 14,000 autos. Lucid had initially deliberate to construct 20,000 Air sedans in 2022, however downgraded its outlook earlier this yr.

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