Credit: Lucid

Lucid Introduces $3,750 Air Credit for New Leases in the US

Written by Cláudio Afonso | LinkedIn | X

In an email sent on Monday, Lucid Motors announced that is introducing a new leasing incentive offering a $3,750 Air Credit for new customers in the United States. The incentive is in addition to the company’s existing $5,000 bonus applicable to any vehicle from its inventory as Lucid eyes higher sales in its main market.

During the first quarter of the year, Lucid delivered 1,967 vehicles, a nearly 40 percent growth compared to the first three months of 2023. In the conference call that followed the recent earnings release, the CEO Peter Rawlinson disclosed that over 500 of them were delivered to Saudi Arabia.

“We’re thrilled to share some exciting news that will make leasing a Lucid vehicle even more rewarding! As a valued member of the Lucid family, we want to ensure you’re the first to know about our latest leasing incentives. Introducing our new offer: $3,750 Air Credit for New Leases,” the company stated in the email.

“In addition to our existing on-site vehicle bonus of $5,000.00 for any vehicle available, we’re now sweetening the deal further with an additional $3,750.00 air credit exclusively for new leasing customers,” Lucid added.

NEVER MISS AN UPDATE

Also known as MKBHD, Marques Brownlee has published on Friday a new video reviewing Lucid Motors‘ most luxurious variant of its first production model, the Air.

In the video, which reached nearly 400 thousand views after just 18 hours, he claims that the 1,234 horsepower variant Sapphire is “one of the best sedans ever made” adding that he’s also including the combustion engine sedans in that evaluation.

The CEO Peter Rawlinson has recently criticized Tesla, suggesting the company is “distracted” and “losing its way” adding that it “really falls to Lucid to take the technology to a whole new level”.

In a previous talk with the Financial Times earlier this month, the chief executive had said manufacturers from China are “many years behind Tesla” despite admitting “they’re a lot better than they’ve been”.

In a new interview with the BBC program “Wake up to Money,” Rawlinson, who worked at Tesla from 2009 to 2012, expressed concern over Tesla‘s current direction.

“At Tesla, I was there for three years from 2009 through to 2012, and at that stage Tesla was truly at the cutting edge, developing the most advanced technology with a clarity of vision and purpose, and an absolute singularity of mindset,” Rawlinson said.

The electric vehicle startup is reportedly gearing up to announce a partnership providing Hyundai’s premium brand, Genesis, with electric motors.

Written by Cláudio Afonso | LinkedIn | X

NEVER MISS AN UPDATE

Cláudio Afonso founded CARBA in early 2021 and launched the news blog EV later that year. Following a 1.5-year hiatus, he relaunched EV in April 2024. In late 2024, he also started AV, a blog dedicated to the autonomous vehicle industry.