Lucid is jacking up prices on its luxury EVs, but reaffirms production targets

By Cromwell Schubarth | Phoenix Business Journal

After June 1, you’ll have to pay $10,000 to $15,000 more to buy one of Lucid Group Inc.’s electric cars.

The Newark, California-based rival of Tesla Inc. announced Thursday it’s raising prices on three of the lower priced versions of its Air vehicle by between 11% and 15%. The base price for those versions currently ranges from $77,400 to $139,000. After the end of this month, those model lines will have a starting price of between $87,400 and $154,000.

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