Lucid is offering a $7,500 temporary "EV credit" on select Air sedans.

Posted on February 09, 2023
General
Lucid is offering a $7,500 temporary "EV credit" on select Air sedans.

The Lucid Air was built in Arizona but does not qualify for the federal $7,500 EV tax credit because of the $55,000 limit for cars ($80,000 for SUVs and trucks) (SUVs and trucks have a more generous $80,000 limit).

However, Lucid announced Thursday that it will temporarily offer a $7,500 discount, which the company calls the EV credit, on some versions of the Air.

Lucid's offer runs through March 31 and applies only to the Air Touring and Air Grand Touring, with prices starting at $108,900 and $139,500, respectively. After discounts are applied, prices are $101,400 and $132,000. [Zach Edson, Lucid's vice president of sales and service, said in a statement, "We believe our customers deserve a $7,500 credit, even if they choose an EV. With this limited-time offer, we hope to get Lucid Air into the hands of even more customers."

The offer, which applies in the U.S. only, does not include the $180,500 Air Grand Touring Performance grade, nor the Air Touring and Air Grand Touring with Stealth styling option, PurLuxe interior package and metal roof option are also not included. It also cannot be combined with lease incentives.

Air enthusiasts looking to save even more can always opt for the dual-motor all-wheel drive Air Pure, which starts at $94,400. Lucid also plans to lower the price even further later this year with the introduction of the single-motor rear-wheel drive Air Pure, which will start at $88,900. The top-of-the-line model will be the new three-motor Air Sapphire with more than 1,200 horsepower, starting at $250,500.

You may also like

Ford supercharges MegaZilla V-8 to over 1,000 hp
Ford supercharges MegaZilla V-8 to over 1,000 hp

Ford has taken its already potent MegaZilla V-8 crate engine to the next level with the introduction of the supercharged MegaZilla 2.0.The new engine,...

Jan 30

Morgan unveils first look at new flagship coming in 2025
Morgan unveils first look at new flagship coming in 2025

British sports car manufacturer Morgan is preparing to introduce a new flagship model to replace the Plus Six, which ceased production last year.Morga...

Jan 31

2027 Audi RS 5 Avant plug-in hybrid spotted again
2027 Audi RS 5 Avant plug-in hybrid spotted again

Audi's current A5 family consists of coupe, convertible, and liftback body styles, but the new generation A5, unveiled last year and slated for the 20...

Jan 31

Trending

Ford Mustang Predicts Future of Racing with EV Prototype for NASCAR
Ford Mustang Predicts Future of Racing with EV Prototype for NASCAR

Ford unveiled Thursday what the Mustang Mach-E electric SUV would look like as a NASCAR race car.The prototype is designed to look like a Mach-E, but ...

Jan 31

Ford Mustang Mach E to Conquer 2025 Pikes Peak Hill Climb
Ford Mustang Mach E to Conquer 2025 Pikes Peak Hill Climb

Ford will return to the Pikes Peak International Hill Climb this year with a one-off demonstrator based on the Mustang Mach-E.In a brief statement Thu...

Jan 31

Polestar Arctic Circle Collection like a Swedish rally car.
Polestar Arctic Circle Collection like a Swedish rally car.

Several years ago, Polestar gave its engineers the unique challenge of designing a Polestar 2 optimized for the harsh winter conditions of their home ...

Jan 30