Lucid Motors slashes price of Air sedan

By:

Reuters

August 06, 2023 11:20 AM

SAN FRANCISCO — Electric vehicle maker Lucid Motors cut prices of its Air luxury sedans by as much as $12,400 as part of an offer, it said on Saturday, amid rising competition in the U.S. EV industry and a price war sparked by Tesla Inc.

Featured Stories

Automotive News PACE Awards go to Dana, Flex, Lear, Marelli, 7 other suppliers

Former Mercedes-Benz USA sales boss Adam Chamberlain returns as CEO

VW Group of America CEO to dealers on Scout: I hear you

Alliance CEO John Bozzella: States can ‘make decisions’ not to follow California rules

Latest News

Automotive News PACE Awards go to Dana, Flex, Lear, Marelli, 7 other suppliers

Amazon Autos shoppers can now lease Hyundai vehicles on platform

Alliance CEO John Bozzella: States can ‘make decisions’ not to follow California rules

Former Mercedes-Benz USA sales boss Adam Chamberlain returns as CEO

Staying current is easy with newsletters delivered straight to your inbox.

See More in Retail

Honda sued by Maryland dealership that claims Acura EV is a lemon

Average advertised price of vehicles back above $50,000 as tariff reality sets in, discounts wane

$218,000 Ferrari stolen by rogue shipper, lawsuit claims

Tariffs could push up new-vehicle prices, testing limits of affordability

Staying current is easy with newsletters delivered straight to your inbox.