KEY POINTS
  • Luxury electric vehicle maker Lucid Group on Tuesday revealed several new versions of its Air sedan.
  • The company said the Lucid Air Pure will start at $87,400, its lowest-cost model yet.

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Luxury electric vehicle maker Lucid Group on Tuesday revealed several new versions of its Air sedan – including its lowest-cost model yet.

CEO Peter Rawlinson said in an interview with CNBC's Phil LeBeau the Lucid Air Pure will start at $87,400. An all-wheel drive version with 410 miles of range will ship by the end of this year, and a rear-wheel drive version will arrive in 2023.

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