Gurgeh Posted September 10, 2020 Share Posted September 10, 2020 (edited) "Silicon Valley-based Lucid Motors, one of several electric vehicle start-ups hoping to become the next Tesla, revealed an electric car capable of going up to 517 miles on a single charge. That means you could drive from New Orleans to Nashville, from Washington, D.C. to Indianapolis., or from Chicago to Lincoln, Nebraska, without having to charge up. "Lucid Motors on Wednesday debuted the production model of the Lucid Air, a slickly designed mid-size sedan boasting many of the same features as Tesla’s ultra-luxury Model S. Lucid CEO and Chief Technical Officer Peter Rawlinson, who previously served as chief engineer for the Model S, said the production will begin in early 2021 at the company’s plant in Arizona. Pilot production has already begun, he said. Lucid developed a proprietary electric motor, electricity inverter and stackable battery pack system based on its expertise in developing batteries for Formula E racecars. " 'What we've got is a breakthrough in electric cars,' Rawlinson said. 'Lucid is going to change the world.' " [comment: But wait until you see the costs.] "The base model, called the Lucid Air, will start at 'below $80,000' with unspecified range and engine output. The Lucid Air Touring model will start at $95,000 with range of 406 miles and 620 horsepower. The Air Grand Touring will start at $139,000 with range of 517 miles and 800 horsepower. A limited-edition performance model called the Lucid Air Dream Edition will start at $169,000 with range of 465 or 503 miles depending on wheel size and 1,080 horsepower..." [comment: Ouch! ...and it's a sedan. But thankfully my taxes will help subsidize its sale.] "Much like other electric vehicle startups – such as Nikola, Rivian, Bollinger Motors and Lordstown Motors – perhaps the biggest obstacle for Lucid is whether it can manufacture the vehicle efficiently and obtain the financing necessary to survive in the extremely competitive automotive industry. Financing is taken care of for now. In 2019, Lucid obtained a $1 billion investment from the sovereign wealth fund of Saudi Arabia... "[Rawlinson] said the company’s goal is to make 34,000 vehicles per year once it completes its first phase of ramp-up, with plans to get up to 400,000 per year within six years." https://www.usatoday.com/story/money/cars/2020/09/09/lucid-air-lucid-motors-electric-car/5748925002/ Edited September 10, 2020 by Gurgeh Quote Link to comment Share on other sites More sharing options...
92merc Posted September 10, 2020 Share Posted September 10, 2020 That has a interesting "trunk" out back. It almost looks like a hatch. 1 Quote Link to comment Share on other sites More sharing options...
silvrsvt Posted September 10, 2020 Share Posted September 10, 2020 Still trying to figure out who can afford 400K 80k plus cars Mercedes is the biggest luxury car maker in the world, and they sell abou 2.5 million units a year-and they sell commercial products that aren't considered luxury vehicles. It takes the combination of Jaguar and Range Rover to sell just over 400K 2 Quote Link to comment Share on other sites More sharing options...
Gurgeh Posted September 10, 2020 Author Share Posted September 10, 2020 17 minutes ago, silvrsvt said: Still trying to figure out who can afford 400K 80k plus cars Mercedes is the biggest luxury car maker in the world, and they sell abou 2.5 million units a year-and they sell commercial products that aren't considered luxury vehicles. It takes the combination of Jaguar and Range Rover to sell just over 400K ...and sedans too. Jaguar is increasingly selling crossovers and Land Rover has always been exclusively in the SUV/crossover space. I assume that like Tesla, Lucid plans to broaden its product mix, but that is likely to take a few years. 1 Quote Link to comment Share on other sites More sharing options...
bzcat Posted September 11, 2020 Share Posted September 11, 2020 On 9/10/2020 at 6:01 AM, 92merc said: That has a interesting "trunk" out back. It almost looks like a hatch. Early prototype showed it is a hatchback. Not sure if the production model has kept it... there was no close up photos of the rear trunk opening of the production model that I can find. On 9/10/2020 at 7:00 AM, Gurgeh said: ...and sedans too. Jaguar is increasingly selling crossovers and Land Rover has always been exclusively in the SUV/crossover space. I assume that like Tesla, Lucid plans to broaden its product mix, but that is likely to take a few years. A SUV call Lucid Gravity is coming a year later. I'm sure smaller car and SUV are also in the works. Quote Link to comment Share on other sites More sharing options...
rmc523 Posted September 11, 2020 Share Posted September 11, 2020 They're claiming some massive numbers. I'm skeptical until I see it. Quote Link to comment Share on other sites More sharing options...
FordBuyer Posted September 13, 2020 Share Posted September 13, 2020 On 9/10/2020 at 9:01 AM, 92merc said: That has a interesting "trunk" out back. It almost looks like a hatch. I noticed that too. Great idea to get more people back into sedans....more aero with almost as much cargo space a a cuv. Surprised that others haven't done this other than Audi. Quote Link to comment Share on other sites More sharing options...
J-150 Posted September 24, 2020 Share Posted September 24, 2020 All of these startups are great. Too bad none of them, including Tesla, have figured out manufacturing and supply chain. 1 Quote Link to comment Share on other sites More sharing options...
rperez817 Posted October 27, 2021 Share Posted October 27, 2021 First Lucid Air customers will take delivery of their cars on October 30, 2021. Lucid is planning a special event for them in Northern California called "Dream Delivery". It will include a rally. Quote Link to comment Share on other sites More sharing options...
FordBuyer Posted October 30, 2021 Share Posted October 30, 2021 On 9/24/2020 at 2:15 PM, J-150 said: All of these startups are great. Too bad none of them, including Tesla, have figured out manufacturing and supply chain. Rivian is having very tough time ramping up production. They recently got up to almost 2 vehicles/day after many weeks. At this rate, meeting the 40,000 orders will take years. Don't know how it's going for Lucid....doubt if it's good. Launches are very difficult, especially for startups. Quote Link to comment Share on other sites More sharing options...
rperez817 Posted November 5, 2021 Share Posted November 5, 2021 Motor Trend just tested Lucid Air Grand Touring. This version is 1 tier down from the high end Dream Edition. Price as tested was $139,000. 2022 Lucid Air Grand Touring First Test: An Impressive Rethink of the Luxury Sedan (motortrend.com) "The 2022 Lucid Air may be pricey, but for those shopping for an executive luxury sedan, it's worth it. The Air is not just the most compelling American luxury car in recent memory, it's also an impressive rethink of what a luxury sedan should be." Quote Link to comment Share on other sites More sharing options...
sullynd Posted November 5, 2021 Share Posted November 5, 2021 It’s not your fathers Oldsmobile, but it sure does look like it. Quote Link to comment Share on other sites More sharing options...
jasonj80 Posted November 5, 2021 Share Posted November 5, 2021 50 minutes ago, sullynd said: It’s not your fathers Oldsmobile, but it sure does look like it. It is a late 80's early 90's future concept car, I do love it though. Quote Link to comment Share on other sites More sharing options...
FordBuyer Posted November 5, 2021 Share Posted November 5, 2021 Lucid Air is better looking than Model S, also has better interior, and finally more range. Now wait and see how it wears over many miles and conditions. Also wonder how launch will go along with quality control. Hard mix to pull off. Took Tesla a few years to pull off. Quote Link to comment Share on other sites More sharing options...
rperez817 Posted November 15, 2021 Share Posted November 15, 2021 Lucid Air won Motor Trend Car of the Year 2022. The Lucid Air Is the 2022 MotorTrend Car of the Year The Lucid Air did not instantly win all of our hearts. Many judges expressed dire concern that if Lucid fails to rectify the many wonky quirks our prototype suffered, the brand and car could go down in history as a 21st century Tucker or Chevy Vega. Some older judges assuaged these fears by highlighting the many similarities between this car and company and the Tesla we awarded in 2013. In the long run, we believe electric vehicles are the way forward for cars and mobility, and the way forward for electric vehicles is continuous improvement of electric batteries, motors, and charging. That's why the great looking, strong performing, tech-leapfrogging Lucid Air is MotorTrend's 2022 Car of the Year. Quote Link to comment Share on other sites More sharing options...
rperez817 Posted November 17, 2021 Share Posted November 17, 2021 On November 16, 2021, LCID shares closed at $55.52. This brought Lucid Motors' market valuation past both GM and Ford. Lucid’s Market Cap Is Now Bigger Than Ford and GM (yahoo.com) Quote Link to comment Share on other sites More sharing options...
twintornados Posted November 17, 2021 Share Posted November 17, 2021 Quote The Lucid Air did not instantly win all of our hearts. Many judges expressed dire concern that if Lucid fails to rectify the many wonky quirks our prototype suffered, the brand and car could go down in history as a 21st century Tucker or Chevy Vega. They ding on the Vega, but in 1971, it too shared the <ahem> "coveted" COTY award from Motor Trend... 2 Quote Link to comment Share on other sites More sharing options...
LookingToBuyAFord Posted January 25, 2022 Share Posted January 25, 2022 As an interesting note, I believe Saudi Arabia has a majority stake in Lucid Motors. Quote Link to comment Share on other sites More sharing options...
rperez817 Posted January 26, 2022 Share Posted January 26, 2022 On 1/24/2022 at 10:13 PM, LookingToBuyAFord said: I believe Saudi Arabia has a majority stake in Lucid Motors. Yes sir, PIF owns about 62% of LCID shares. Quote Link to comment Share on other sites More sharing options...
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