Lucid has slashed prices by $10,650 on its base Pure trim and $12,550 on its midrange Touring and top-end Grand Touring trims.
As for the 1,050 hp Lucid Air Grand Touring, prices now start at $125,600 (plus $1,500 shipping) based on a special options package. This is also a $12,550 price cut as the Grand Touring usually starts at $138,000 (plus $1,650 shipping).
Lucid said this price change "further expands the company's larger sales and marketing efforts" and is "intended to leverage increased brand awareness to drive demand and shipments."
These updated prices will be available while supplies last, the EV startup said. The 1,200 hp Lucid Air Sapphire tri-motor boat will be available for an unchanged price of $249,000.
In addition to the price cuts, Lucid also announced special lease prices for three Air trims that will be available through the end of August.
The Lucid Air Pure AWD is available for $749/month for 36 months, the Air Touring for $1,149/month for 36 months, and the Air Grand Touring for $1,399/month for 36 months.
