Reported 29 days ago
Lucid Motors CEO Peter Rawlinson, at the company's Technology & Manufacturing Day, emphasized Lucid's cost-effective electric vehicle technology and upcoming models, including the Gravity SUV, which is set for release in late 2024. He highlighted significant cost efficiencies in Lucid’s drive units and batteries compared to competitors, despite the company's recent losses. With record sales in 2024 already surpassing the previous year's total, Rawlinson is confident in a long-term strategy that positions Lucid alongside industry giants like Tesla and Amazon, especially with plans for a new midsize SUV aimed to go head-to-head with popular models.
Source: YAHOO