More accurately, there will be a new kid in town in 2018, when Lucid Motors launches the Air, a luxury EV that was unveiled Wednesday at a company event in Fremont, California. SEE ALSO: Jaguar shows off electric concept car in virtual realityThe car, which will cost more than $100,000 at launch, will have supercar-class specs: two motors with a combined 1,000 horsepower and a zero to 60 mph acceleration in 2.5 seconds. It will also have some autonomous features, including cameras, radars and Lidar. Lucid also claims there would be an option with a 130 kWh, 400-mile range battery; for comparison, Tesla’s priciest Model S variant, the P100D, boasts a 337-mile range. The standard Air model, however, will have a 100 kWh battery, just like the P100D.