Electrical-car maker Lucid plans to launch luxurious sedans in Europe later this 12 months, because the Tesla rival goals to increase its footprint outdoors the U.S. amid sturdy world demand for EVs.

The corporate will launch its Lucid Air Dream Version P and R sedans in restricted numbers for purchasers in Germany, Netherlands, Switzerland, and Norway later this 12 months, it stated in an announcement on Tuesday.

Lucid added it might worth its Air Dream Version P/R at about 218,000 euros ($230,208) in Germany.

Final week, the corporate stated it might elevate costs for many fashions from June because it offers with rising uncooked supplies prices however stated it might honor present reservations.

Lucid stated on Tuesday it additionally plans to open its first European retail location in Munich on Could 13, including it goals to open extra studio and repair middle places in Europe this 12 months.

The California-headquartered firm, which makes its autos at an Arizona plant, final week reiterated its 2022 manufacturing quantity outlook of 12,000 to 14,000 autos.