![]() ![]() When Lucid announced the deal with Churchill Capital IV, it said that it had accumulated over 7,500 total vehicle reservations as of Feb. It's worth remembering that the reservations are fully refundable, and inevitably some number of reservation holders will change their minds and not take delivery.ĭata source: Lucid Motors. That translates into around $84.5 million in revenue once deliveries begin. The news is certainly an encouraging indicator of demand for the Air, and Lucid told Teslarati that it plans to produce approximately 500 units of the Dream Edition. $84.5 million in potential Dream Edition sales Join our waiting list for the limited production Dream Edition model when you reserve a Lucid Air Grand Touring. ![]() ![]() The Dream Edition #LucidAir is now officially fully reserved. Here's what Lucid and Churchill Capital IV investors need to know. When including the federal tax credit of $7,500, the price comes down to $161,500. It carries a price tag of $169,000 before factoring in federal tax credits or other state and local incentives. That's the version that the electric-vehicle (EV) maker is launching first in the back half of 2021. As the company works its way toward closing its merger with special-purpose acquisition company (SPAC) Churchill Capital IV ( CCIV), Lucid Motors has announced that all of the Dream Edition units are now spoken for. ![]()
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