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Lucid ‘sold out’ the first version of its Air electric sedan, but we are only talking about 500 cars

Lucid Motors announced today that it has sold out the first version of its upcoming Air electric sedan: the Dream Edition.

Though, it’s not clear how many vehicles they are talking about…

Update: Lucid has since confirmed it only plans to produce “about 500 Air Dream Editions”.

Lucid Motors is considered one of the most serious electric vehicle startups to have spawned after Tesla.

After a few years of financial difficulties, the company secured strong financial support from an oil country, Saudi Arabia, of all places.

It enabled them to unveil the production version of the Lucid Air, their first vehicle, and complete the investment in the first phase of their factory in Arizona to produce the vehicle.

When unveiling the Air last year, Lucid said that the first version of the Luxury sedan to hit the market will be the fully-equipped “Dream Edition”:

ModelsPrice (USD before incentives)Range (EPA Est.)HorsepowerPerformance Specs (0-60s acceleration, 1/4 mile time, top speed)Charging (up to)Availability
AirBelow $80,00TBATBATBA300 miles in 20 mins – 1,200 mph2022
Air Touring$95,000406 miles620 hp3.2s, 11.4s, 155 mph300 miles in 20 mins – 1,200 mphQ4 2021
Air Grand Touring$139,000517 miles800 hp3.0s, 10.8s, 168 mph300 miles in 20 mins – 1,200 mphQ2 2021
Air Dream Edition$169,000503 miles1,080 hp2.5s, 9.9s, 168 mph300 miles in 20 mins – 1,200 mphQ2 2021

The more expensive and fully-equipped version comes with Lucid’s bigger 113 kWh battery pack enabling over 500 miles of range.

It required a bigger $7,500 refundable deposit than the other versions.

Today, Lucid announced that it has sold out the Dream Edition version of the Air:

“That was fast. The limited run of Lucid Air Dream Edition is now fully booked. This exclusive design was created to celebrate the launch of Lucid Air. If you were hoping to reserve a Dream Edition, you can still get on the waitlist when you reserve a Grand Touring model.”

However, the automaker has never disclosed how many Lucid Air Dream Editions it plans to produce.

We reached out to the company to see if they are willing to release that information, and we will update if we get an answer.

Lucid has originally planned to deliver the Dream Edition this quarter, but it was recently pushed to the second half of the year.

The vehicle could still come before Tesla’s new Model S Plaid+ and, therefore, become the first electric vehicle with over 500 miles on a single charge.

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