Lucid introduces new offer for the Air in the USA
US electric car manufacturer Lucid Motors announced that it will offer its own $7,500 credit for select configurations of Lucid Air Touring and Air Grand Touring models purchased by the end of March 2023.
The reasoning behind the move is that Lucid does not qualify for the US American EV tax credit due to the terms of the Inflation Reduction Act, so the company decided to try to catch up by offering its own incentives, albeit under a time limit. The federal tax credit is limited at a maximum price of $55,000, while the basic Lucid Air runs $87,400.
“We think our customers still deserve a $7,500 credit for choosing an EV,” said Zak Edson, Lucid’s Vice President of Sales and Service, adding: “With this limited time offer, we hope to get Lucid Air into the hands of even more customers so they can experience the best for themselves.”
The move comes at a time when other manufacturers have also been fine-tuning their pricing in order to qualify for tax credits, or be more competitive on the market.
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