Friday, 24 March, 2023

Lucid to raise price of its luxury Air EV by 13%

<p>Lucid Motors&nbsp;is the latest automaker to raise prices for its electric vehicles. According to the company, there is a high level of demand, with over 30,000 customer reservations. Lucid recently signed a 10-year agreement with the Saudi government to purchase 100,000 electric vehicles. Lucid Motors reported first-quarter revenue of $57.7 M, up from $313,000 the previous year.<br /> &nbsp;</p>