Lucid Motors announced on Monday that has begun delivering in Canada. In March, the luxurious EV maker opened its second studio in Canada being located at the Yorkdale Shopping Centre, Ontario.
At the time, Lucid also unveiled a collaboration with Electrify Canada. Lucid has collaborated with Electrify Canada to offer those who reserve a Lucid Air by June 30, 2022, two years of complimentary charging on the rapidly growing charging network.
As previously announced, Lucid is increasing its prices in the US and Canada for reservations made after June 1st.The starting price of Lucid’s Air Pure model is now $119,000 CAD, up from $105,000 CAD. The only model with no price changes is the recent released Lucid Air Grand Touring Performance, costing $242,000 CAD.
Last week, the company presented its Q1 2022 Earnings Results reporting a total revenue of $57.7 million and 360 vehicles delivered to customers in the first quarter. Lucid said it is experiencing strong demand with more than 30,000 customer reservations, representing potential sales of $2.9 billion, the company said.
On April 27, Lucid announced an agreement with the Government of Saudi Arabia to deliver up to 100,000 vehicles over a ten-year period, with an initial commitment to purchase 50,000 vehicles and an option to purchase up to an additional 50,000 vehicles over the same period.
Lucid will inaugurate its first European showroom in Germany in May amid global expansion. The confirmation was made through a billboard placed on Terminal 2 in Munich (Germany) saying: “Visit our Lucid Studio in Munich. Opening May 2022.”