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Lucid Cheaper Sedan EV May Debut This 2025, We Are More Close Towards Affordable EVs

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In 2025, Lucid's more affordable all-electric vehicle, or EV might become a reality. However, it may already be in the works right now. As a result, we might see a cheaper Lucid EV model in the years to come. According to the most recent news report from Inside EVs, up until last week, Lucid Motors' existing products were more expensive than $100,000. The EV manufacturer unveiled a new all-electric vehicle that was less expensive than its customary high price. The Pure version is less expensive, coming in at $89,050. However, it appears that the automaker is attempting to lower the cost of its upcoming model. Additionally, it will be substantially less expensive than its current most-budget product. [caption id="attachment_67190" align="aligncenter" width="1000"]Lucid-Air- Image: Electrek[/caption] According to a report by Inside EVs, the cheaper Lucid EV might cost as little as $50,000, which is less than half of what the company typically charges for its cars. On February 25, 2021, in Beverly Hills, California, a model of the Lucid MultiCore Boost Charger for an electric luxury car is on display at the Lucid Motors Inc. studio and service facility. It is important to remember that an Air Touring typically costs $110,000. To be fair, this EV model does have excellent performance and features. It might be some time before we see the cheaper sedan that Lucid is allegedly developing. According to the news source, it might make its debut in 2025. The article also reported a video in which Peter Rawlinson, CEO of Lucid, was seen strolling beside three automobiles, indicating a third model aside from the Pure model. Lucid-Air- Take this with a grain of salt, though. This is not yet confirmed by the EV manufacturer. Therefore, it is uncertain whether Lucid is genuinely working on it right now. However, it appears that they are aiming to offer an improved basic price for all-electric vehicles. Inside EVs mentions in its report that Derek Jenkins, vice president of design and brand, discussed the importance of competitive base pricing with Automotive News. "All of the high-end automotive research has flowed down to this car at a better entry-level pricing, but still with quite incredible specifications," said the Lucid executive. Elon Musk warns Rivian and Lucid to alter their business plans to avoid bankruptcy.

By Aaem Joshi

I am a Journalist who loves digging up stories that remain unheard. Strongly Believe in the knowledge of the social world.

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