LONDON:A Saudi-backed electric vehicle has broken through the 500 mile range barrier from a single charge. Lucid Motors, in which Saudi Arabia’s Public Investment Fund is a major investor, on Wednesday announced independent range verification of 517 miles on a single charge for its forthcoming Lucid Air all-electric sedan. The results confirm that the Lucid Air is the longest range electric vehicle to date, the car maker said in a statement. So-called “range anxiety,” where drivers fear being stranded without power in their cars, is a major factor for electric vehicle manufacturers in convincing people to make the switch from traditional gasoline-fueled vehicles. “Range and efficiency are widely recognized as the most relevant proof points by which EV technical prowess is measured,” said Lucid Motors CEO Peter Rawlinson. “A few years ago we revealed our alpha prototypes of the Lucid Air and promised over 400 miles range; a reflection of our technology at that time. In the intervening period we have achieved a series of technological breakthroughs, culminating in an unsurpassed degree of energy efficiency.” The PIF agreed a $1 billion investment deal with Lucid Motors two years ago to develop the car at a factory in Arizona. The production version of the Lucid Air will debut in an online event on Sept. 9, 2020. In addition to the vehicle’s final interior and exterior designs, new details about production specifications, available configurations, and pricing information will also be shared. Customer deliveries of the Lucid Air, which will be produced at Lucid’s new factory in Casa Grande, Arizona, will begin in early 2021.