Electric vehicle startup Lucid Motors, which aims to begin selling its first luxury model, the Lucid Air, in early 2021, said on Tuesday that the new sedan is the first to achieve a 500-mile driving range. The Lucid Air has an estimated range of 517 miles (832 km), as verified in independent testing, Lucid said. Lucid Chief Executive Peter Rawlinson told Reuters the Air initially will be priced "well north of" 0,000 but said lower-priced versions would arrive later.