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Investing.com – Lucid stock (NASDAQ:LCID) rose 4.5% Thursday as its Air Dream Edition 19-inch wheel secured a rating of 520 miles from the Environmental Protection Agency, making it the longest-range EV ever rated by the body.
The company claims the EV delivers at least 100+ miles of additional range over its closest competitor. The longest-range Tesla (NASDAQ:TSLA), the Model S Long Range Plus, counts as the nearest rival though Lucid didn’t name it.
The Air Dream Edition with 19-inch wheels is likely to cost $169,000 at least. A cheaper base model is expected next year, according to reports. The 21-inch wheel got a rating of 481 miles.
Several other versions of Lucid Air also received their official EPA range ratings, including the Dream Edition Performance and Grand Touring versions on both 19-inch and 21-inch wheels. The Dream Edition Performance 21-inch wheel’s 451 miles was the lowest rating amongst them.
Taken as a whole, the Lucid Air models now occupy the top six positions for overall EPA range ratings among all EVs, the company claimed.
