Article 68PRQ Lucid joins the EV price war with a $7,500 credit for its luxury Air sedan

Lucid joins the EV price war with a $7,500 credit for its luxury Air sedan

by
Umar Shakir
from The Verge - All Posts on (#68PRQ)
226446_Lucid_Air_TStevens_0016.0.jpg Image: Tim Stevens for The Verge

Lucid is giving buyers a $7,500 credit when purchasing some models of its luxury Air electric sedans. The company is the latest EV maker to offer a discount in what some auto industry experts see as a slowly developing price war for plug-in models.

The credit applies to select Air configurations for the Touring and Grand Touring models - but does not include the Stealth model, PurLuxe interior, or metal roof trims. The discount offer starts today and applies to US customers who order their vehicles by March 31st and take delivery by April 30th of this year.

Lucid is matching the federal EV tax credit

The amount of the credit offered by Lucid matches the federal EV tax credit that applies to sedans that cost less than $55,000 and SUVs...

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