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Lucid Motors drops the price of its cheapest EV by more than $8,000


Lucid Motors is lopping thousands of dollars off the price of its most affordable electric sedans as it looks to boost demand after a disappointing year of sales. The rear-wheel drive version of the base model Lucid Air Pure will now start a $69,900, down from the previous price of $77,400. The more powerful Lucid Air Touring model -- which offers all-wheel drive performance and roughly 50% more horsepower -- will now start at $77,900, down from $85,900.

The National Highway Traffic Safety Administration (NHTSA) has opened an investigation into a Lucid Motors windshield defroster recall from January, saying it's "concerned" the company's over-the-air update solution doesn't go far enough to fix the problem. While the investigation is not as high-stakes as, say, the one the agency has opened into Tesla's problems with its Autopilot driver-assistance system, it shows NHTSA is paying close attention to what automakers think over-the-air updates should -- and shouldn't -- be used for. The recall involves 2,042 Lucid Air sedans built with a high-voltage coolant heater from supplier Webasto AG that, when it fails, removes the ability to defrost the windshield.

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