Base Lucid Air Pricing Revealed: $77,400 USD with 406 Mile Range

Earlier this fall, Lucid Motors released its first luxury vehicle, the Lucid Air, a supposed competitor with Tesla’s Model S.

Now, according to an email sent to fans by the company on Wednesday, the Lucid Air is available for reservation on Lucid’s website, with a starting price of $69,900 (USD) after the federal tax credit ($77,400 before the tax credit).

The new Lucid Air model includes an EPA-projected range of 406 miles per charge, with a total of 480 horsepower. The vehicle also includes a 900+ ultra-high voltage electrical architecture. The range of 406 miles beats the Tesla Model S Long Range Plus by 4 miles.

Those who purchase now are also eligible for three years of complimentary charging at Electrify America stations across the US.

All it takes is $300 (USD) to make the initial reservation of the Lucid Air. It’s unclear when deliveries are expected to begin, but the company also recently opened a Beverly Hills Studio and service center, more of which are likely to come in the next few years.

As electric vehicles (EVs) begin to overtake conventional gas vehicles in the decades to come, new lines of EVs are likely to begin popping up already. As far as the luxury EV goes, Lucid has a nice head start, alongside just the Tesla Model S for now.