Electric #automaker startup #Lucid Motors has just taken the covers off its very first model, dubbed the Air.

Teased on multiple occasions in recent months, the Lucid Air will directly target top-of-the-range Tesla Model S versions and a number of ICE executive sedans. Priced from around $160,000 in the U.S., it doesn't come cheap but does promise a lot.

For starters, the Lucid Air is powered by two electric motors, one driving the front wheels and one powering the rear, making for a grand total of 1,000 hp. Customers then have the option between a 100 kWh or 130 kWh battery pack, the latter of which provides a range of up to 400 miles on a single charge.

Like the Model S P100D, the Air's dual electric motors make it exceptionally quick in a fast line. As a matter of fact, the company claims it will sprint from a standstill to 60 mph (96 km/h) in a mere 2.5 seconds, identical to the P100D.

Although the Air has yet to be revealed in production-guise, the concept pictured and the prototype revealed to the press combines a stunning exterior with a futuristic and glamorous interior. Among the exterior highlights is the short front overhang and stumpy hood combined with sleek LED headlights and vertical daytime running lights.

Elsewhere, the Air includes a panoramic glass roof and a windshield which stretches up above the driver's head, not too dissimilar to the Tesla Model X. At the rear, there is a short decklid and an extended roof line, aimed at increasing interior space.

Inside, Lucid has designed the Air to be incredibly opulent. It includes a set of reclined rear seats wrapped in white leather and surrounded by glass. The rear also includes a number of interactive displays. Up front, you'll find a minimalist dashboard dominated by two screens making up the gauge cluster and a large square display at the base of the center console.

Lucid intends on bringing the Air to the market in 2018 and says that the first 250 cars sold will be fully equipped and priced from around $160,000. Reservations have been opened for customers with a $25,000 deposit required. After the range-topping Air hits the market, a less expensive version will launch.