Lucid Motors keeps impressing us with its all-electric sedan under development, the Lucid Air, which recently reached a 235 mph (378 km/h) top speed on the track.
But the company’s efforts to bring the vehicle to market seem to be moving slowly. After announcing its EV factory to be built in Arizona back in November 2016, nothing has moved as the company is reportedly trying to raise the $700 million needed to build the plant.
Now they reportedly shifted their strategy to look into the potential sale of the company and they are said to have been holding talks with none other than Ford. expand full story