Lucid Group Inc recently announced that it would be offering a $7,500 credit to customers purchasing select variants of its Air luxury electric car. The move is seen as a response to the ongoing price war between Tesla Inc and Ford Motor Company, making it harder for smaller companies like Lucid to grab a foothold in the market. The credit will be available to customers buying Touring and Grand Touring models of the Air series purchased before March 31, 2023. Despite the fact that Lucid’s cars are not eligible for the federal tax credit of $7,500, the company believes its … Continue reading Lucid Group Offers Credit Amid Tesla-led Price War