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Lucid Motors is going public before it starts selling EVs
Lucid Motors will go public via a merger before it sells its first electric car, setting the company's value at more than $11 billion.
2020 has proven that electric vehicles are the future of transportation
2020 saw explosive growth in the automotive industry’s EV segment, with nearly every major manufacturer and brand group announcing, unveiling or debuting new and upcoming electric vehicles. Tesla managed to retain its position at the head of the market this year but its lead over rivals is shrinking as automotive stalwarts like GM, Fiat Chrysler, Hyundai Motor Group and the Volkswagen Group all jump into the EV fray. 2020 saw more than just new EV models, though: The battery technologies that power them and the transportation infrastructure that leverages them enjoyed some impressive advancements of their own.
Electrify America rolls out a 'plug and pay' charging system
The 2021 Porsche Taycan and Lucid Air are among the first Plug & Charge EVs.
Lucid's first production EV will go head-to-head with Model S at $77,400
The Lucid Air starts at $77,400, before you apply federal EV tax credits.
Lucid Air EV runs the quarter-mile in just 9.245 seconds
Tesla promises sub 9.9-second times for the 'Plaid' Model S and Lucid fired back with this clip of a prototype going down the drag strip well under that time.
For Lucid’s Air EV sedan, performance and prestige come at a price
After multiple production delays and setbacks, Lucid Motors gave the EV driving public its first look at the upcoming Lucid Air sedan during a live streamed reveal event on Wednesday. Built on the Lucid Electric Advanced Platform (LEAP), the all-wheel drive Lucid Air will be powered by either a single, double, or triple electric motor set producing a whopping 1,080 horsepower between them. The Air’s 113 kWh battery pack is only slightly larger than the 100 kWh used in Tesla’s Model S Long Range Plus yet Lucid claims that the Air will be able to travel up to 517 miles on a single charge, easily dwarfing the Model 3’s 402 miles (and really any other EV vehicle currently on sale).
Lucid Motors claims its first EV covers a quarter mile in 9.9 seconds
With 1,080 horsepower, the Lucid Air Dream Edition hits 60 MPH in 2.5 seconds.
Lucid claims to have created the fastest charging EV to date
Lucid Motors has been making some bold claims about its upcoming EV, the Lucid Air, ahead of the vehicle’s reveal next month and Wednesday’s press announcement was no different. Alternately, the Air’s onboard AC charger will offer Level 1 and 2 charging speeds of up to 80 miles per hour.
Lucid hints its first EV will have Tesla-beating range
It has an estimated EPA range of 517 miles.
Lucid Motors' first EV will come with LIDAR driving assistance as standard
LIDAR as standard is pretty cool.
Lucid Motors will finally reveal its luxury electric sedan in September
Lucid Motors will unveil its production-ready Lucid Air on September 9th and plans to be production-ready by late 2020.
Lucid Motors pushes back the unveiling of its long-awaited electric sedan
Back in January, Lucid Motors announced that it's finally unveiling the production model of its electric sedan in April three years after it was first revealed. The company was supposed to launch the car next week at the New York Auto Show, but the event was postponed until August due to the COVID-19 pandemic. Now company CEO and former Tesla chief engineer Peter Rawlinson has confirmed to Silicon Valley Business Journal that it won't be pushing through with Lucid Air's debut.
Lucid opens European pre-orders for its currently unfinished EV
Last week, Lucid Motors unveiled a production model of its electric sedan the Lucid Air. The company has been struggling to bring the vehicle, which it first unveiled in 2016, to the market, and it isn't planning to unveil its customer-ready version until April. In the meantime, though, Lucid Motors is opening pre-orders in Europe, where it expects to begin deliveries in 2021.
Lucid Motors to unveil a production model of its electric sedan in April
Lucid Motors is finally showing us the production version of its electric luxury sedan over three years after it was first revealed. The automaker has announced that it will officially unveil the Lucid Air -- yes, the version making its way to customers -- in New York in April.
Lucid Motors doesn’t want to be a ‘Tesla Killer’
Lucid's CEO Peter Rawlinson is tired of hearing the term "Tesla killer." Yes, the Lucid Air will be an electric sedan with a proposed range of 400 miles, but Rawlinson is aiming at the luxury market. "Our main competitors are Mercedes, Audi, and BMW." He wants the automaker to build the electric version of the S Class, the pinnacle of German luxury. Pulling that off would be a coup. Fortunately, Rawlinson knows a thing or two about coups.