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All discussion of Lucid Motors
- Thread starter Right_Said_Fred
- Start date
I think that there will be disappointing demand even for an SUV if the price is in the US $80,000 plus range. The Gravity pricing will "start" at that number (but good luck getting one for that amount) and go up quickly from there. There is only so many people who can afford a vehicle at that price, and the 'luxury' EV market is already pretty saturated.
Lucid will have to introduce new models in the middle range of the market to start selling in volume. Lucid has, or at least did have, ambitions to do that, but I assume that it will be years, if ever, before those plans are realized.
RobStark
Well-Known Member
No one seriously expects Gravity to outsell Model X.
If it sells more than half of Model X numbers that is a success. I think it will. Outside of China and maybe Norway, most folks will prefer normal doors to Falcon Wing Doors.
It took years to ramp up Model 3 after Model S was introduced. It takes time to build up a new car company.
New video of 3 drag runs of the Lucid Air Sapphire vs. Tesla Model S Plaid:
The Plaid won all three races even swapping lanes to try to make it fair, so the Sapphire really isn't living up to the specs. (Track conditions weren't ideal, but that was true for both vehicles.)
Note: They have removed 170lbs. from the Paid, but mentioned that even before they removed that weight they still ran better times than the Sapphire did in the three runs.
The Plaid won all three races even swapping lanes to try to make it fair, so the Sapphire really isn't living up to the specs. (Track conditions weren't ideal, but that was true for both vehicles.)
Note: They have removed 170lbs. from the Paid, but mentioned that even before they removed that weight they still ran better times than the Sapphire did in the three runs.
I wonder if a Cybertruck can beat a Lucid ....while towing another Lucid
?
Someone Already Crashed a 2023 Lucid Air Grand Touring, Not Much Is Left of It
The Lucid Air Grand Touring is the EV with the longest range currently available on the American market. But there is one less in the world
www.autoevolution.com
Oof!
Todd Burch
14-Year Member
This is such an odd story. It actually reads like a Lucid ad.Someone Already Crashed a 2023 Lucid Air Grand Touring, Not Much Is Left of It
The Lucid Air Grand Touring is the EV with the longest range currently available on the American market. But there is one less in the world
Oof!
No kidding. It’s like he was trying to hit his minimum word count and had to keep on elaborating and inserting information that no one would want to hear but the car was nice until he drove it and then he wrecked it, but not only was it wrecked, it was ruined, as in every panel was broken, except maybe a clip, or a screw, but a lot of things were bent, but not just bent, but smashed… 
RobStark
Well-Known Member
2023 (edited previously said Q4 )
8428 produced
6001 delivered
Q4 Deliveries
1734 delivered
Down 12% vs Q4 22
Up 19% vs Q3 23
ir.lucidmotors.com
8428 produced
6001 delivered
Q4 Deliveries
1734 delivered
Down 12% vs Q4 22
Up 19% vs Q3 23
Lucid Announces Q4 Production & Deliveries, Sets Date for Fourth Quarter 2023 Results | Lucid Group, Inc.
NEWARK, Calif. , Jan. 11, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), setting new standards for luxury electric experience with the Lucid Air , selected to Car and Driver's 10Best list for 2024, today announced production and delivery totals for the quarter ended December 31, 2023 .
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Do you mean for all of 2023? Actual Q4 numbers are much lower:
Inventory above 5,300, but days of supply dropped down to ~230.
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RobStark
Well-Known Member
Legacy OEMs consider 60 days inventory ideal.
But Lucid is expanding into Europe and Arab Gulf States.
I have to say that excuse is getting a little old... You have been saying that for almost a year now:
RobStark
Well-Known Member
Yes, they have not executed on international expansion very well.
It has been almost a year since they announced first store in Germany.
Lucid is the first pure BEV startup that has failed to meet their own deadlines.
"Lucid insiders say end is near" 6 months ago.
The end isn’t “near” but if you divide the money left by the amount consumed on average over the last 4 quarters, you can calculate it, and it’s not decades off. It’s more like 4-6 quarters off.
I have been so terribly disappointed by Lucid. Hearing Rawlinson talk about they are the “best“ in everything again for 10 minutes on the call is going to be tortuous.
I have been so terribly disappointed by Lucid. Hearing Rawlinson talk about they are the “best“ in everything again for 10 minutes on the call is going to be tortuous.
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