Most Asked Questions and Answers
Lucid Motors is still a promising EV startup, but it's undergoing a production learning curve.
Startup Lucid Motors is one of only a few budding EV outfits that are promising.
Based in Newark, California, Lucid is gaining traction, but it's still undergoing a learning curve.
Lucid's path to dominating the industry hinges on its ability to sidestep industry-wide roadblocks.
Lucid delivered 125 cars to customers in the fourth quarter, with total production exceeding 400 vehicles to date
The Company's Q4 revenue was $26.4 million, including $21.3 million from initial deliveries of its innovative Lucid Air Dream Edition, which began in October.
Lucid delivered 125 cars to customers in the fourth quarter, with total production exceeding 400 vehicles to date and over 300 deliveries to customers. Lucid has also taken over 25,000 customer reservations as of today, reflecting potential sales of more than $2.4B.
Lucid wins in looks, Tesla wins in performance
The Lucid Air takes design cues from Formula 1 aerodynamic technology to reduce drag and even produce negative drag.
Reviewers also called out the sedan’s interior as blazing its own trail—in contrast with Tesla’s devotion to minimalism.
One area where Lucid fell behind Tesla was speed.
The Lucid Air’s 800-horsepower iteration reached a top quarter-mile speed of 103.1 mph, which is faster than every EV on the market—save for the Tesla Model S Plaid and Porsche Taycan Turbo S.
The Lucid Air Dream P, however, could be coming for them yet.
Lucid Group, Inc. is an American electric vehicle manufacturer headquartered in Newark, California.
Lucid was founded in 2007 under the name Atieva and originally focused on building electric vehicle batteries and powertrains for other vehicle manufacturers.
Lucid's Chief Executive Officer, Peter Rawlinson, formerly served as VP of Engineering at Tesla,urrou and Vice President Derek Jenkins previously worked as Head of Design at Mazda North America Operations.
The company has seen investments from Tsing Capital, Mitsui, Venrock, JAFCO, and others.
The company rebranded to Lucid Motors in October 2016 and officially announced its intent to develop an all-electric, high-performance luxury vehicle.
Peter Rawlinson is a British engineer based in California.
He is the chief executive officer and chief technology officer of Lucid Motors and is known for his work as Vehicle Engineer of the Tesla Model S and the Lucid Air.
Lucid claims the quickest Air can complete the quarter-mile in 9.9 seconds at 144 mph.
With up to 520 miles of EPA-estimated all-electric range and as much as 1111 horsepower, the 2022 Lucid Air aspires to be much more than a mere Tesla rip-off.
LG Chem's LG Energy Solution.
In 2020, the company announced that the battery cells for "standard version" cars will be supplied by LG Chem's LG Energy Solution.
The battery pack of such a size, combined with outstanding efficiency, is expected to provide a range of more than 500 miles (800 km) on a single charge.