One of the four elements of earth is now the name of the newly announced vehicle from Lucid Motors. The 2018 Lucid Air combines luxury with technology. With sleek, aerodynamic European styling, the Air does not lack for performance. Performance specifications include:
- 0-60mph in 2.5 seconds
- Up to 1,000 horsepower
- Up to 400 miles per charge
- Full-size luxury in a mid-size footprint
Technology includes autonomous driving and active safety systems, voice commands, mobile connectivity and more. The well-optioned version will retail over $100,000 with future base models available from about $65,000. The four-door sedan will compete with Tesla Model S, Mercedes E Class and BMW Series 7 vehicles in the luxury car market.
Right after the December announcement in Casa Grande, rumors of funding issues broke. Zach Edson, Lucid director of supply chain has stated the company has the funds to begin the construction. After the first year, another round of fundraising will provide the needed capital to complete phase 1.
Construction on the 500,000 square- foot $700-million dollar facility in Casa Grande is set to begin in early 2017 with the first vehicles slated for 2018. Phase 1 of the assembly plant is expected to produce upwards of 20,000 vehicles in 2018 with up to 130,000 vehicles annually at full capacity.
On Dec. 7, Samsung SDI announced a strategic partnership with Lucid Motors to provide lithium-ion battery cells for the Lucid Air. Samsung SDI and Lucid collaborated to develop next-generation cylindrical cells that are able to exceed current performance benchmarks in areas such as energy density, power, calendar life and safety. Significantly, this jointly-developed cell achieves breakthrough tolerance to repeated fast charging.
“The breakthrough battery life demonstrated by the new cell from Samsung SDI will be of tangible benefit to our customers, particularly companies with ride-sharing services operating around the clock,” said Peter Rawlinson, CTO of Lucid. “I look forward to continued collaboration with Samsung SDI.”
Lucid anticipates workforce hiring and training to begin mid-2017.