Lucid’s CEO has doubled down on its production forecasts despite the fact the company is hampered by its “ability to sell cars,” with the company hoping to expand market share with price cuts and confirmation of a new SUV model arriving next year. Speaking with Reuters, Lucid’s Chief Executive Officer, […]
Lucid
Lucid aims to boost production with new Saudi factory
Californian electric vehicle start-up, Lucid Motors, has announced that construction of its first overseas production line is underway in the Saudi Arabian kingdom, which it hopes will add another 155,000 units to its delivery schedule by 2025. When it is up and running, Lucid is hoping to bring its manufacturing […]
Saudi fund interested in Tesla also looking at Lucid Motors – report
The Saudi Arabian fund reportedly interested in Tesla’s possible move to go private is also looking to invest in one of Tesla’s competitors, Lucid Motors, according to a report. PIF – the Saudi Arabian sovereign wealth fund that Tesla CEO Elon Musk last week confirmed he was in talks with […]
Fully electric Lucid Air hits 378km/h in latest top speed run (video)
If in the world of cars the Tesla Model S is a disruptor, then the Lucid Air is the disruptor of the disruptors, having just achieved a top speed record of 378km/h. Currently under development, the Lucid Air will be built at a factory in Casa Grande, Arizona, in 2019. […]
Lucid Air prototype hits 350km/h during testing (video)
The Lucid Air is shaping up to be an electric Tesla Model S rival we can get excited about. The large sedan has a luxurious interior, up to 1000hp (750kW) and up to 643km of range, and the base model will even undercut the Model S on price. Another area […]
Lucid Air prices announced, competitively placed against Tesla
The first true rival to the Tesla Model S, the Lucid Air has been priced competitively, as the Chinese-backed company seriously wants to steal a slice of Elon Musk’s pie. The base, rear-drive Air will retail for US$52,500 (AU$68,286) after federal tax incentives, which undercuts the base Model S 60 […]