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Lucid Announces Canadian Pricing for Luxury EV Lineup, with Lucid Air Starting at $105,000 CAD; Opens First Canadian Studio Location, in Vancouver

Lucid additionally introduced that its latest retail location – the Lucid Studio at CF Pacific Centre in Vancouver, B.C. – will open its doorways to clients on Saturday, October 16. Whereas on the Lucid Studio, guests can expertise the Lucid Air and be taught extra concerning the full lineup. This location, the tenth in a rising community of Lucid Studios, serves as the corporate’s first studio exterior of the US, representing step one in Lucid’s plans to considerably broaden its international community in 2022. The corporate plans to open its subsequent Canadian Studio location within the Toronto space in 2022, with different Canadian places to observe.

“Asserting Canadian pricing and our first retail location within the nation in tandem is vital in bringing the Lucid model to Canada,” stated Zak Edson, Senior Director, Gross sales and Service, Lucid Group. “This opening is the primary of many bulletins for places exterior of the U.S. market as we proceed our speedy international enlargement.”

The U.S. Environmental Safety Company (EPA) just lately launched its official vary estimate for the Lucid Air Dream Version Vary, which is the longest vary for any electrical automobile rated by the EPA: 520 miles/836 km on a single cost, greater than 185 kms over its closest competitor. The Lucid Air Dream Version Efficiency and Lucid Air Grand Touring additionally achieved EPA estimated ranges far past some other EV. With customer-quality automobiles now coming off the road, Lucid has confirmed US deliveries will start later this month. Canadian deliveries will observe shortly after.

Lucid Air

Pricing (CAD)

Energy

Projected Vary

Lucid Air Pure

$105,000

480 hp

653 km

Lucid Air Touring

$129,000

620 hp

653 km

Lucid Air Grand Touring

$189,000

800 hp

830 km

Lucid Air Dream Version Efficiency

$229,000

1,111 hp

758 km

Lucid Air Dream Version Vary

$229,000

933 hp

836 km

Studio Expertise
Each Lucid Studio presents a digitally oriented luxurious expertise tailor-made to every buyer’s preferences, whether or not they go to in-person, make inquiries completely on-line, or mix the 2. Lucid’s Vancouver Studio permits clients to expertise the model and acquire details about its merchandise in a location that underscores the corporate’s distinctive design aesthetic. Exploring a Lucid Studio, guests will get a imaginative and prescient of how the corporate attracts inspiration from the sweetness, innovation, and variety of its dwelling state of California. Lucid Studios increase the bodily expertise of seeing and touching a Lucid Air with an elevated digital expertise. Utilizing a 4K VR configurator, Lucid’s Digital Actuality Expertise combines the bodily and digital worlds to showcase seamless personalization of every little thing from inside finishes and supplies to exterior colour.

Digital Expertise
Mirroring the posh one-to-one Studio expertise on-line for individuals who want buying from dwelling, clients can make the most of “Lucid Studio Stay,” a cloud-based configuration resolution powered by ZeroLight’s Concierge product. From the consolation of their very own houses, clients can nearly work together with a automobile whereas a Lucid consultant guides them via key options and configuration choices.

Future Studio & Service Facilities
The Lucid Studio at CF Pacific Centre is the primary to open in Canada and might be adopted by a Studio in Toronto. Extra places will open all through Canada in 2022 as Lucid continues to broaden its presence globally.

Clients can go to throughout regular enterprise hours or can ebook a private appointment by contacting the Lucid crew at lucidmotors.com/en-ca/contact. They’ll all the time begin exploring the Lucid Air via the “Design Yours” configurator.

About Lucid Group
Lucid’s mission is to encourage the adoption of sustainable power by creating probably the most charming electrical autos, centered across the human expertise. The corporate’s first automobile, Lucid Air, is a state-of-the-art luxurious sedan with a California-inspired design underpinned by race-proven expertise. Lucid Air contains a luxurious full-size inside area in a mid-size exterior footprint. Buyer deliveries of Lucid Air, which is produced at Lucid’s new manufacturing unit in Casa Grande, Arizona, are deliberate to start in late October.

Media Contact:
[email protected]

Logos

This communication incorporates emblems, service marks, commerce names and copyrights of Lucid Group, Inc. and its subsidiaries (the “Firm”) and different corporations, that are the property of their respective house owners.

Ahead-Trying Statements

This communication consists of “forward-looking statements” inside the that means of the “protected harbor” provisions of the USA Personal Securities Litigation Reform Act of 1995. Ahead-looking statements could also be recognized by way of phrases corresponding to “estimate,” “plan,” “challenge,” “forecast,” “intend,” “will,” “count on,” “anticipate,” “imagine,” “search,” “goal,” “proceed,” “might,” “might,” “may,” “potential,” “potential,” “predict” or different comparable expressions that predict or point out future occasions or traits or that aren’t statements of historic details. These forward-looking statements embody, however aren’t restricted to, statements relating to the Firm’s expectations associated to the beginning of manufacturing and deliveries of the Lucid Air and Lucid Gravity, the efficiency, vary, and different options of the Lucid Air, building and enlargement of the Firm’s AMP-1 manufacturing facility, and the promise of the Firm’s expertise.  These statements are based mostly on numerous assumptions, and precise occasions and circumstances might differ. Ahead-looking statements are topic to plenty of dangers and uncertainties, together with elements mentioned within the Firm’s Registration Assertion on Type S-1, as amended, the Firm’s Annual Report on Type 10-Ok/A for the 12 months ended December 31, 2020 and the Firm’s Quarterly Report on Type 10-Q for the quarter ended June 30, 2021, in every case, below the heading “Danger Components,” in addition to different paperwork of the Firm which are filed, or might be filed, with the Securities and Trade Fee. If any of those dangers materialize or the Firm’s assumptions show incorrect, precise outcomes might differ materially from the outcomes implied by these forward-looking statements. There could also be extra dangers that the Firm doesn’t presently know or that the Firm presently believes are immaterial that might additionally trigger precise outcomes to vary from these contained within the forward-looking statements. As well as, forward-looking statements mirror the Firm’s expectations, plans or forecasts of future occasions and views as of the date of this communication. Nonetheless, whereas the Firm might elect to replace these forward-looking statements in some unspecified time in the future sooner or later, the Firm particularly disclaims any obligation to take action. These forward-looking statements shouldn’t be relied upon as representing the Firm’s assessments as of any date subsequent to the date of this communication.

SOURCE Lucid Motors

Associated Hyperlinks

http://www.lucidmotors.com

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