In December, Lucid Motors, which is based in California, took the wraps off its first electric car called the Air. At the official reveal, the company shared most of the features of the vehicle with the public but unfortunately did not specify exactly how much it will cost. The wait is finally over, as we now know how much the EV will set you back.

The Lucid Air will start at $52,500 after the federal tax credit for electric vehicles is subtracted. The base model comes equipped with all the necessary hardware for autonomous driving, has a 240-mile range, and the equivalent of 400 horsepower with rear wheel drive.

It also features four screens, 19-inch wheels, a 10-speaker audio system, 10 airbags, an aluminum roof as well as two trunks, which have a combined storage capacity of over 32 cubic feet. If that’s not enough for you, there are additional options available that can increase the price of the EV to over $100,000.

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You can opt for a 315-mile or 400-mile-range battery option, a twin-motor configuration with up to 1,000 horsepower, a glass-canopy roof, and 21-inch Lucid-design wheels. There are more options available like the rear executive seats that recline up to 55 degrees and a 29-speaker audio system with active noise cancellation, just to name a few.

The Lucid Air will be cheaper than originally expected. The vehicle will go head to head with cars like the entry-level Tesla Model S 60, which starts at $68,000 before the federal EV tax credit.

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