Lucid Air takes aim at the Tesla Model S with $69,900 base price and 406 miles of estimated range — see more

Lucid Air exterior_8
Lucid Air.
Lucid

In the world of luxury EVs, the Tesla Model S has largely gone unchallenged — until now. Now, we have the all-new, all-electric Lucid Air, which boasts incredible numbers, sleek looks, and a luxury price tag.

Lucid officially unveiled the Air, the company's very first all-electric offering, in September. Already, the claimed facts and figures are attractive: It'll run a quarter-mile in a claimed 9.9 seconds in its 1,080-horsepower setup, it can fast-charge and regain 300 miles of range in 20 minutes, and Lucid claims it has the biggest front trunk of any electric car yet.

With prices starting at $77,400 and going all the way up to $169,000 for the limited-production Air Dream Edition, the Air will be available in North America to start. The Air Dream Edition will be the first model available in spring 2021, the mid-range models will come around in mid to late 2021, and the base model will arrive last in 2022. 

Keep scrolling to learn more.

The Lucid Air is the very first car offered by California-based Lucid Motors. It's an all-electric sedan.

Lucid Air exterior_1
Lucid Air.
Lucid

Lucid says in certain configurations, its sedan can achieve a range of 517 miles after independent range verification.

Lucid Air exterior_2
Lucid Air.
Lucid

Lucid said FEV North America, Inc. conducted the test, applying the EPA's Multicycle Test Procedure.

In the optional dual-motor, all-wheel drive configuration, the Air can make a claimed 1,080 horsepower and achieve a 9.9-second quarter-mile time.

Lucid Air exterior_3
Lucid Air.
Lucid

Lucid also says the Air will be able to charge at rates of up to 20 miles per minute when plugged into a DC fast-charger.

Lucid Air exterior_4
Lucid Air.
Lucid

That can translate to 300 miles of range from 20 minutes of charging, the company says.

Lucid Air exterior_5
Lucid Air.
Lucid

The Air has a 0.21 drag coefficient — which makes it more aerodynamic than the Tesla Model S and Porsche Taycan.

Lucid Air exterior_6
Lucid Air.
Lucid

The Tesla Model S has a 0.23 drag coefficient. The Porsche Taycan has a 0.22 drag coefficient.

The Air also has a rear trunk, but it opens as a regular trunk and not as a hatch, Lucid CEO Peter Rawlinson told Business Insider.

Lucid Air exterior_7
Lucid Air.
Lucid

Rawlinson said that despite hatchback models being more practical, they're not as refined.

Lucid Air exterior_8
Lucid Air.
Lucid

There will be at least four versions of the Air available.

Lucid Air exterior_9
Lucid Air.
Lucid

The base-model Air will start at $77,400 and will be available last, starting in 2022. 

Next will be the Air Touring, starting at $95,000. With an estimated EPA range of up to 406 miles, it'll have a claimed 620 horsepower, a top speed of 155 mph, and will be available in Q4 of 2021.

After comes the Air Grand Touring, priced starting at $139,000. It'll make a claimed 800 horsepower, have a top speed of 168 mph, and have an estimated EPA range of up to 517 miles. It'll be available in Q2 of 2021.

Finally, there's the Air Dream Edition: a limited-edition halo to the Air range. Starting at $169,000, it'll make a claimed 1,080 horsepower and return either 465 or 503 miles of EPA-estimated range, depending on which wheel package you pick. It'll be available in spring 2021.

Lucid notes to customers that once they factor in the potential $7,500 federal tax credit, those prices could change. 

The base Air will be able to go 406 miles on a single charge, according to Lucid's projected EPA estimated range, the automaker announced on Wednesday.

Lucid Air.
Lucid Air.
Lucid

There will be a single-motor powertrain, but you can opt for a dual-motor, all-wheel drive version, too. The base Air will have a claimed 480 horsepower. Lucid notes that after the $7,500 federal tax credit, the price comes down to $69,900.

Tesla, of course, does not have access to the $7,500 tax credit anymore.

The reservation fee for the Air is $300.

Source: Lucid Motors

In particular, Lucid stresses that the Air's interior is incredibly spacious.

Lucid Air interior_1
Lucid Air.
Lucid

The company says that because its drive components were miniaturized, it was able to make the interior much roomier.

Lucid Air interior_2
Lucid Air.
Lucid

The Air is built on Lucid's Lucid Electric Advanced Platform (LEAP), which has a skateboard design.

Lucid Air engineering_3
Lucid Air.
Lucid

The interior is meant to embody West Coast-inspired luxury, Rawlinson told Business Insider.

Lucid Air interior_3
Lucid Air.
Lucid

There's a giant, curved, 34-inch screen for the driver.

Lucid Air interior_10
Lucid Air.
Lucid

And there will be app flow, Lucid's VP of design Derek Jenkins told Business Insider.

Lucid Air interior_4
Lucid Air.
Lucid

That means you can swipe an app from the above screen down to the bigger, center screen below.

Lucid Air interior_5
Lucid Air.
Lucid

At launch, the back seats will be fixed.

Lucid Air interior_6
Lucid Air.
Lucid

But there is an executive seat package coming, which will let the rear seats recline up to 45 degrees.

Lucid Air interior_11
Lucid Air.
Lucid

Judging from these pictures, visibility looks great.

Lucid Air interior_7
Lucid Air.
Lucid

That big pane of roof glass will surely let in lots of light.

Lucid Air interior_8
Lucid Air.
Lucid

This little bear is so you don't forget you're driving something from California.

Lucid Air interior_9
Lucid Air.
Lucid

The Air will also come with DreamDrive, Lucid's advanced driver-assistance system.

Lucid Air ADAS_1
Lucid Air.
Lucid

Rawlinson said the car is Level 2 autonomous-driving ready. Level 3 capabilities will come with time via over-the-air updates.

Lucid Air ADAS_2
Lucid Air.
Lucid

Here's a graphic of all the radar and cameras the car has.

Lucid Air ADAS_3
Lucid Air.
Lucid

The Lucid Air will be available starting in Q2 of 2021.

Lucid studios_2
Lucid Air.
Lucid

Rawlinson said the company's flagship studio is located in Newark, California.

Lucid studios_4
Lucid Air.
Lucid

But more boutiques are coming. The cars will be sold through a direct-sales model, like Tesla.

Lucid studios_5
Lucid Air.
Lucid

The Airs will be built at Lucid's Casa Grande factory in Arizona.

Lucid Air exterior_10
Lucid Air.
Lucid

Signup Today: Free Daily Newsletter from Business Insider Intelligence

SEE ALSO: Watch the Lucid Air EV beat a Tesla Model S on the drag strip with a 9.9-second quarter-mile

Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.