Lucid

Lucid Group has announced a new agreement with long-time supporter Saudi Arabia and its Ministry of Finance. Under the terms of the agreement, the Government of Saudi Arabia has committed to purchasing 50,000 EVs from Lucid Motors over the next ten years, with the option to purchase an additional 50k over that same timeframe. Lucid Motors is an American automaker whose EV production is just beginning to pick up following first deliveries of its Dream Edition Air sedan this past fall. The next trim of the Air –…

The Lucid Air already boasts the longest range of any EV currently on sale, but now Lucid is focusing on performance. Unveiled Tuesday, the Lucid Air Grand Touring Performance will be the sportiest regular-production version of the electric luxury sedan. Its dual-motor all-wheel-drive powertrain produces 1,050 horsepower, which will get the Grand Touring Performance from zero to 60mph in 2.6 seconds, according to Lucid. Granted, those numbers don’t surpass the limited-volume Lucid Air Dream Edition P (for…