Lucid Motors (NASDAQ: LCID) much-anticipated Air Dream Edition has been fully booked barely 48 hours after the electric vehicle firm increased the vehicle’s number to 520.
An overview of the reservation website indicates that the model’s allocated reservations have been booked and interested customers can get on a waitlist. Customers can reserve the vehicle for as low as $1,000, and it will retail from $139,000.
Lucid increased the availability of the Air Dream Edition after the model received an Environmental Protection Agency-rated (EPA) range of 520 miles. The mileage puts Lucid on top, beating rival Tesla’s Model S Long Range Plus by over 100 miles.
“To mark our record-breaking EPA range achievement, we’re upping the number of Lucid Air Dream Editions to 520. Reservation holders are now being invited to confirm their order and specs,” Lucid stated.
The high rate of reservations highlights the growing value of Lucid motors that is viewed as a formidable rival to Tesla in the EV space.