Lucid Motors has ambitious plans to defy skeptics and take on Tesla

  • 📰 CNBC
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 72%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

Lucid CEO Peter Rawlinson says the company has the cash, technology and talent to defy skeptics and become one of the first real rivals to Tesla.

Lucid, according to Rawlinson, has a four-stage plan to grow the volume of cars produced at the plant as well as a "Lucid manufacturing process" that takes lessons learned from his experiences at Tesla.

Lucid plans to start producing additional prototypes of the Air at the factory by the end of the month, followed by full pre-production test models in December.a longtime Audi executive who most recently led Tesla's production, to head manufacturing operations.Companies have come up with creative ways to describe their battery cells and packs. Rawlinson describes Lucid's as "Lego blocks.

The Lucid Air Alpha test car, displayed at the New York Auto Show, reached a software-limited 217 miles per hour on a text track in Ohio."The real measure of an EV company's technology isn't range per se, it's efficiency," he said. "By that I mean how many miles can I travel per kilowatt hour." "They have put a lot of emphasis of maximizing that overall system efficiency," Navigant Research's Abuelsamid said. "That's going to be key for everybody to be successful in the EV space."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I hope so, but it's been nothing but talk for years now. Nikola is the new 'let's invest in car drawings.'

Won’t work

As a Tesla fan, former long-time Tesla employee and a Tesla owner and investor, I truly believe Rivian and Lucid are for real. There's plenty of space for genuine companies in the EV market. Any company that helps Tesla's mission is good for the planet and should be supported.

Мечтать не вредно!!

This 'taking on Tesla' meme is very .com like. Invest in us because we have the buzz word in our prospectus. tt:MadMoneyOnCNBC

😂

Lol, not a chance. They will never come close to Tesla and elonmusk

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines