Investors continue to show strong support for electric vehicle companies. Lucid Group debuted Wednesday on the NASDAQ and became the eighth-most valuable automaker globally today. With a market cap of about $80 billion, Lucid became the eighth-most highly valued automaker in the world, topping Ford. The strong showing comes a week after Rivian also wowed electric… Continue reading Lucid Group Completes Another Strong IPO for EV Companies
Tag: Lucid Air
Lucid Air Dream Deliveries to Begin Next Month
The first Lucid Air cars will be delivered late next month, the company said Tuesday. Production of the all-electric luxury sedan started this week at the company’s factories in Casa Grande, Arizona. The company was originally founded in 2007. Lucid expects reservation holders of Lucid Air Dream Edition models will begin receiving their vehicles in… Continue reading Lucid Air Dream Deliveries to Begin Next Month
Lucid Air Dream Edition Rated at 520 Miles of Range
The Environmental Protection Agency has given the upcoming Lucid Air Dream Edition a preliminary range rating of 520 miles, the first electric vehicle to cross the 500-mile mark. Performance has been a big promise of the Lucid vehicles as it aims to be a meaningful challenger to Tesla’s flagship vehicles. Lucid’s range rating is 100 miles… Continue reading Lucid Air Dream Edition Rated at 520 Miles of Range
Lucid Will Delay Electric Luxury Sedan
The Lucid Air, an all-electric sedan to challenge Tesla, will not hit its expected delivery date. Originally expected to hit the roads in spring, the vehicle is now slated for delivery in the second half of the year. Production will occur at a plant in Casa Grande, Arizona. Lucid Chief Executive Peter Rawlinson said in a letter… Continue reading Lucid Will Delay Electric Luxury Sedan
Model S Gets Second Price Cut This Week – Starts at $69,420
Tesla Chief Executive Elon Musk said Wednesday that the company’s Model S sedan would now start at $69,420, the second price cut for the car in a week. Tuesday, Tesla updated the price of the Model S to start at $71,990, seemingly in a move to spur sales in a year-end push. The vehicle started… Continue reading Model S Gets Second Price Cut This Week – Starts at $69,420
Lucid Air Makes Debut, Deliveries Planned for Spring 2021
Lucid Motors debuted the production-bound version of its Lucid Air sedan, saying the vehicle is an attempt to “make the electric car better.” Range is a huge selling point for electric vehicles and Lucid intends to take top honors in that category. It expects an EPA-rated range of 517 miles on a single charge. The… Continue reading Lucid Air Makes Debut, Deliveries Planned for Spring 2021
Lucid Motors to Debut Luxury EV Priced $169K
Lucid Motors will plans to offer four versions of its all-electric luxury sedan ranging in price from under $80,000 up to $169,000, according to reports. Bloomberg says a high-end variant of the Air called the Dream will cost $169,000, a Grand Touring variant will be priced in the low $130,000s after federal tax credits, and a… Continue reading Lucid Motors to Debut Luxury EV Priced $169K
Lucid Says 2021 Sedan Will Pack 500 Miles of Range
Lucid Motors announced Wednesday that it’s upcoming sedan will be powered by a 113 kWh battery pack capable of an estimated EPA range of up to 517 miles. The company says it’s able to achieve the industry’s best range through its “Lucid Space Concept” design, which “capitalizes upon the miniaturization of Lucid’s in-house developed EV drivetrain… Continue reading Lucid Says 2021 Sedan Will Pack 500 Miles of Range