Lucid Group (NASDAQ: LCID) has introduced its all-new performance brand, led by the company’s new ultra-high-performance Air Sapphire. This new model will feature a three-motor powertrain that includes a twin motor rear-drive unit as well as a single motor front-drive unit.

Lucid says the new Air Sapphire will possess over 1,200 horsepower and accelerate from a standstill to 60 mph in under two seconds. Additionally, the vehicle will be able to go from zero to 100 mph in less than four seconds and clock the standing quarter mile in under nine seconds.

The company says that the new Sapphire brand will incorporate microjet cooling and wave winding while also benefiting from an upgraded battery system providing for higher power and more precise thermal logic.

Eric Bach, SVP of Product and Chief Engineer, Lucid Group commented: "With three state-of-the-art electric motors- all developed and manufactured in-house- the Lucid Air Sapphire reaches an entirely new level of performance.”

The company says that it expects to begin production in the first half of 2023 with initial deliveries slated to begin late next year. Reservations for the Air Saphire will open on Tuesday, August 23rd with an MSRP of $249,000.

Shares of Lucid trade on the NASDAQ under the ticker symbol LCID. For more information visit www.greenstocknews.com.

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