this post was submitted on 16 Feb 2024
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Lucid Motors drops the price of its cheapest EV by more than $8,000 (www.yahoo.com)
submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world
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Lucid Motors drops the price of its cheapest EV by more than $8,000::Lucid Motors is lopping thousands of dollars off the price of its most affordable electric sedans as it looks to boost demand after a disappointing year of sales. The rear-wheel drive version of the base model Lucid Air Pure will now start a $69,900, down from the previous price of $77,400. The more powerful Lucid Air Touring model -- which offers all-wheel drive performance and roughly 50% more horsepower -- will now start at $77,900, down from $85,900.

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[–] Ilovethebomb@lemm.ee 1 points 9 months ago

You could probably make a model T today for 11k though.

Besides, there are definitely death traps that are only road legal in places like India that you can buy for 11k