The 1,000-horsepower EV from Lucid Motors is up for preorder

California-based luxury automotive company Lucid Motors is gearing up to release its new 1,000-horsepower, 400-mile range electric vehicle and it wants interested buyers to know the car is now up for preorder. The Lucid Air, which is seen as a direct competitor to the Tesla Model S P100DL, has 100kWh and 130kWh battery packs and have long-range radar, cameras, LIDAR, and even an app and over-the-air updates. Pricing is expected to run over US$100,000 but no specific amount has been announced yet.

If getting a Lucid Air is something that interests you, you can hand over a US$2,500 deposit to reserve a “standard” production model. If you want something special, prepare to shell out US$25,500 for a “launch edition” that will be one of the first 255 cars of the production line. It might not be the best idea to buy one of the first cars off a production line, if you think about reliability. But Lucid Motors seems to be confident enough that the deposits on the car are refundable. If you’re curious about who’s behind the company. Its CTO is Peter Rawlinson, the former lead engineer for the Tesla Model S, and its chief designer is Derek Jenkins, who used to be the design head at Mazda.

Source: The Verge