CCIV - Lucid Motors says luxury EV model almost fully reserved

Lucid Motors (LUCIDM) says in an e-mail that the Lucid Air Dream Edition is almost "fully reserved." Lucid is requiring a $7,500 down payment on the $169,500 EV ($161,500 after the federal tax credit) limited production model. The electric vehicle startup says the Lucid Air Dream Edition has a maximum horsepower of up to 1,080, can go from 0 mph to 60 mph in 2.5 seconds and hit a quarter-mile in under 10 seconds.Lucid is hoping to bring EVs to the market in the second half of this year. Shares of Lucid merger partner Churchill Capital Corp IV (CCIV) are up 5.50% on the day and are more than 20% higher for the week, but still trade at less than half of their February high.

For further details see:

Lucid Motors says luxury EV model almost fully reserved