Reported 2 months ago
Lucid Motors recently reported an uptick in deliveries, prompting discussions on the future of electric vehicle (EV) demand. Experts suggest that the high-end EV market is smaller than expected, and without mass-market cars—which Lucid plans to introduce by 2026—there may be limited growth catalysts for the industry. Rivian and Tesla are facing similar challenges, highlighting the need for affordable models to enhance EV demand.
Source: YAHOO