NEWARK,
Calif., April 17, 2024 /PRNewswire/ -- Lucid
Group, Inc. (NASDAQ: LCID), setting new standards for luxury
electric experience with the Lucid Air, America's most awarded new
luxury vehicle,i announced details about the 2024
Lucid Air Grand Touring, with an array of enhancements to help
people drive farther and charge faster in a broader range of
environments and conditions.
The 2024 Lucid Air Grand Touring features:
- Range to Spare, Even in Cold Air: EPA electric range
test procedures recently became more challenging, but the 2024 Air
Grand Touring still delivers, with an EPA-estimated range of 516
milesii – the longest range of any EV in the U.S. market
today. Now equipped with the heat pump from the Air Sapphire, the
GT is even more capable of delivering outstanding range even in
extremely cold conditions.
- More Efficiency, More Sustainable Performance:
Enhancements to Lucid's proprietary motor design, battery cell
chemistry, and thermal characteristics reduce energy wasted as heat
and enable the car to perform at its best even during sustained
spirited driving.
- Faster Fast Charging: Get back on the road more quickly,
with about 15-30% faster DC charging.iii Improved
automatic preconditioning en route to the charging station enables
faster charging once you plug in.
"The Air Grand Touring is our longest-range car – in fact the
longest-range EV available today – and is now further optimized
with a multitude of powertrain updates, including the Air Sapphire
heat pump." said Peter Rawlinson,
CEO and CTO at Lucid. "The Air Grand Touring has retained its
516-mile range estimate, achieving this despite more-stringent EPA
testing. More importantly, it delivers improved range and
efficiency in a broader range of everyday, real-world
conditions."
The 2024 Lucid Air Grand Touring starts at $109,900iv in the U.S.,
competitively priced in its segment while offering up to hundreds
of miles more EPA-estimated range than many competitors' EVs. The
comprehensive 2024 Lucid Air model range consists of:
The 2024 Lucid Air Pure, the starting point for the Air line,
extraordinary value starting at $69,900.iii The unsurpassed leader in
sustainability, Air Pure drives farther using less energy than any
vehicle on the market today as measured by miles/kWh. Up to 419
miles of EPA-estimated range,ii 430 horsepower, with an agile
driving experience and a serene passenger cabin.
The 2024 Lucid Air Touring, the heart of the Lucid Air line
with the perfect balance of range, performance, and space for
people and cargo. Priced from $77,900iii, the Air Touring offers up to 411
miles of EPA-estimated rangeii – more than all other brands'
electric cars – and 620 horsepower.
The 2024 Lucid Air Grand Touring, announced today, is the
world's first and only fully electric vehicle with an EPA-estimated
range of over 500 miles - 516 miles to be precise. For 2024,
the cutting edge of EV technology gets even sharper, adopting
technology advancements first seen in the Air Sapphire that deliver
longer driving range in more conditions, faster charging, and an
energy-saving heat pump. Air Grand Touring offers 819 horsepower
and is priced from $109,900.iii
The 2024 Lucid Air Sapphire is Lucid's acclaimed
supersports sedan. Featuring a three-motor powertrain with 1,234 hp
and innovative in-house torque vectoring, the Air Sapphire has been
called the world's best handling car, ever. The Air Sapphire is
the most powerful four-door car in the world achieving 0-60 mph in
1.89 seconds, 0-100 mph in 3.84 seconds, the quarter mile in 8.95
seconds, and a top speed of 205 mph, all coupled with an incredible
EPA-estimated 427 miles of range.ii
About Lucid Group
Lucid's mission is to inspire the
adoption of sustainable energy by creating advanced technologies
and the most captivating luxury electric vehicles centered around
the human experience. The Company's first car, the Air, is a
state-of-the-art luxury sedan with a California-inspired design. Assembled at
Lucid's factories in Casa Grande,
Arizona, and King Abdullah Economic City (KAEC),
Saudi Arabia, deliveries of Lucid
Air are currently underway to customers in the U.S., Canada, Europe, and the Middle East.
Media Contact
media@lucidmotors.com
Trademarks
This communication contains trademarks,
service marks, trade names and copyrights of Lucid Group, Inc. and
its subsidiaries and other companies, which are the property of
their respective owners.
Forward Looking Statements
This communication
includes "forward-looking statements" within the meaning of the
"safe harbor" provisions of the United States Private Securities
Litigation Reform Act of 1995. Forward-looking statements may be
identified by the use of words such as "estimate," "plan,"
"project," "forecast," "intend," "will," "shall," "expect,"
"anticipate," "believe," "seek," "target," "continue," "could,"
"may," "might," "possible," "potential," "predict" or other similar
expressions that predict or indicate future events or trends or
that are not statements of historical matters. These
forward-looking statements include, but are not limited to,
statements regarding plans and expectations with respect to Lucid
Air, including price, configurations, design and specifications,
range, efficiency and performance, and the promise of Lucid's
technology. These statements are based on various assumptions,
whether or not identified in this communication, and on the current
expectations of Lucid's management. These forward-looking
statements are not intended to serve as, and must not be relied on
by any investor as, a guarantee, an assurance, or a definitive
statement of fact or probability. Actual events and circumstances
are difficult or impossible to predict and may differ from these
forward-looking statements. Many actual events and circumstances
are beyond the control of Lucid. These forward-looking statements
are subject to a number of risks and uncertainties, including those
factors discussed under the heading "Risk Factors" in Part I, Item
1A of Lucid's Annual Report on Form 10-K for the year ended
December 31, 2023, as well as other
documents Lucid has filed or will file with the Securities and
Exchange Commission. If any of these risks materialize or Lucid's
assumptions prove incorrect, actual results could differ materially
from the results implied by these forward-looking statements. There
may be additional risks that Lucid currently does not know or that
Lucid currently believes are immaterial that could also cause
actual results to differ from those contained in the
forward-looking statements. In addition, forward-looking statements
reflect Lucid's expectations, plans or forecasts of future events
and views as of the date of this communication. Lucid anticipates
that subsequent events and developments will cause Lucid's
assessments to change. However, while Lucid may elect to update
these forward-looking statements at some point in the future, Lucid
specifically disclaims any obligation to do so. These
forward-looking statements should not be relied upon as
representing Lucid's assessments as of any date subsequent to the
date of this communication. Accordingly, undue reliance should not
be placed upon the forward-looking statements.
i Based on percentage of major industry awards
and accolades earned by new luxury vehicles launched in the last
three years and on sale in the United
States.
ii EPA est. range ratings when equipped with 19"
wheels: 516 Grand Touring/411 Touring. Manufacturer's projected
range for Pure RWD equipped with 19" wheels is 410 miles; EPA est.
range is 419. EPA est. range for Sapphire is 427 when equipped with
standard wheel covers. Range and battery power vary with
temperature, driving habits, charging and battery condition and
actual results will vary.
iii When connected compatible DC fast charger. Actual
rates will vary based upon vehicle equipment and charging
conditions.
iv Excludes tax, title, license, options,
destination and documentation fees. For U.S. market only.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/the-2024-lucid-air-grand-touring-the-longest-range-ev-gets-even-better-302119203.html
SOURCE Lucid Group