EV Maker Lucid To Launch Luxury Sedans In Europe In Late 2022

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EV Maker Lucid To Launch Luxury Sedans In Europe In Late 2022

Electric carmaker Lucid Group plans to launch luxurious sedans in Europe later this yr, because the Tesla rival goals to develop its footprint exterior the United States.

Electric carmaker Lucid Group plans to launch luxurious sedans in Europe later this yr, because the Tesla rival goals to develop its footprint exterior the United States amid sturdy international demand for electrical automobiles (EVs).

The firm will launch its Lucid Air Dream Edition P and R sedans in restricted numbers for patrons in Germany, Netherlands, Switzerland and Norway in late 2022, it stated in a press release on Tuesday.

Lucid added it will value its Air Dream Edition P/R at about 218,000 euros ($230,208.00) in Germany.

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Last week, the corporate stated it will elevate costs for many fashions from June because it offers with rising uncooked supplies prices, however stated it will honor present reservations in a transfer to keep away from the blowback a rival confronted.

Lucid stated on Tuesday it additionally plans to open its first European retail location in Munich on May 13, including it goals to open further studio and repair heart places in Europe this yr.

The California-headquartered firm, which makes its automobiles at an Arizona plant, final week revised its 2022 manufacturing quantity outlook of 12,000 to 14,000 automobiles.

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With inputs from NDTV

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