The Lucid Air Now Starts At $69,900; Air Touring From $77,900; Air Grand Touring From $109,900
Portfolio Pulse from Benzinga Newsdesk
Lucid Group, Inc. (NASDAQ:LCID) announced new pricing for its Lucid Air lineup, aiming to make electric vehicles more accessible. The Lucid Air Pure now starts at $69,900, with the Air Touring and Air Grand Touring priced at $77,900 and $109,900, respectively. Lucid is also offering two years of free scheduled maintenance and a $1,000 charging accessory allowance to enhance the ownership experience. The company's efforts are part of a broader strategy to increase EV adoption and reduce climate change impact.
February 15, 2024 | 2:02 pm
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Lucid Group, Inc. has reduced prices for its Lucid Air models and is offering additional ownership benefits, aiming to make its electric vehicles more appealing and accessible.
The price reduction and added benefits such as free maintenance and a charging accessory allowance are likely to make Lucid's vehicles more attractive to potential buyers, potentially increasing sales and positively impacting the company's stock price in the short term. The focus on reducing barriers to EV adoption aligns with growing consumer and investor interest in sustainable transportation options.
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