Lucid Motors, a luxury Electric vehicle manufacturer partly owned by the Saudi Public Investment Fund (PIF), has begun deliveries of its Air sedan to customers in Saudi Arabia. The news was shared by Faisal Sultan, Vice President and Managing Director of Lucid Middle East, in an interview with Argaam.
The Lucid Air sedan is the only vehicle in the company’s lineup. It is available in several variants, such as the Lucid Air Dream Edition, Lucid Air Grand Touring, Lucid Touring, Lucid Pure, and a super-sports edition dubbed the Lucid Air Sapphire. The Lucid Air Sapphire was recently pitted against the Tesla Model S Plaid in a drag race, and it soundly beat its competitor.
To meet the demand for the Air in Saudi Arabia, Lucid is expected to ship hundreds of cars every week from its manufacturing facility in Arizona, United States. The number of cars that would be delivered to the country would depend on the capacity of each shipment.
The company is also building a factory in King Abdullah Economic City (KAEC), which is expected to start operations in the third or fourth quarter of 2023. The facility will cater to the local demand in Saudi Arabia and other Gulf Cooperation Council (GCC) countries.
Sultan provided some assurance to potential owners of the Lucid Air in his interview with Argaam. According to the executive, the Lucid Air is reliable, as the vehicle has undergone rigorous testing in adverse weather conditions. Sultan also noted that the Air sedan requires maintenance only once a year, and it can operate for a minimum of 10 years.
The Lucid Air sedans are priced between SAR 440,000 ($117,325) and SAR 960,000 ($255,983) in Saudi Arabia. The prices of the luxury all-Electric sedan in are inclusive of VAT. Considering that the Lucid Air has very few competitors in the all-Electric luxury vehicle segment, the flagship sedan might just catch some momentum in Saudi Arabia.