Electric vehicles (EVs) are undoubtedly the future of the automotive business as the US races into the future, followed closely by China. The race for the best EV on the market just took an exciting turn as Edmunds reviewed the Lucid (NASDAQ: LCID) Air, a luxury sedan, and compared it with Tesla (NASDAQ: TSLA) Model S Plaid.
The review claims that Lucid’s luxury sedan can compete with the Model S in some areas while clearly beating it in others. The real-world range test showed that the Air model traveled 505 miles out of the advertised 520-mile range. On the other hand, Tesla’s Model S managed to travel 345 miles, falling short of the EPA rating’s 348-mile standard.
Furthermore, the Air was only one of the few EVs that could utilize the full power rate of the 350-kilowatt DC fast-charging station. In comparison, the Model S can utilize ‘only’ the 250-kilowatt rate.
Performance of the vehicles
Performance-wise, both models possess sports car-like performance, with the testers recording 0-60 mph in just 2.3 seconds in the Tesla, with the Air model reaching the same speed from zero in just 2.8 seconds.
“While the Model S delivers better handling out of the box, both sedans offer mind-blowing power, period,” concluded Edmunds.
Equipment and pricing
The Interior and tech of both vehicles are on par with pricing and value, as both sedans come highly priced in the EV universe. The Lucid Air Dream Edition will set customers back $170,500, while the Model S in the Plaid trim costs $137,000. Build quality leaves room for improvement as both EVs have quality issues.
Moreover, Lucid offers a 4-year warranty or 50,000 miles, while Tesla offers an 8-year warranty or 150,000 for the powertrain and battery. While Lucid offers its customers three years of free, fast charging, Tesla is expanding its network of superchargers, possibly playing on the availability card.
Finally, both cars will have their passionate supporters, while on paper Tesla’s allure lies in a cheaper car with a longer warranty and a wide network of superchargers; Lucid’s lies in a longer range, free, fast charging for three years, and more of a luxury feel compared to Tesla.
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Source: https://finbold.com/lucid-air-gets-nod-over-tesla-model-s-in-an-edmunds-head-to-head-comparison/