Shares of American EV maker Lucid Motors (LCID) are falling Wednesday after reporting a drop in Q2 production. The decline is unexpected, especially considering many EV makers seeing growth in the second quarter.
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American EV startup Lucid (LCID) is pursuing a new path to boost revenue and maintain competitiveness as competition in the EV market grows. According to Lucid’s CEO, the company’s recent EV tech deal with Aston Martin is just the start of its future supply business.
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Luxury British sports car maker Aston Martin is revving up its plans to build “The world’s most thrilling and highly desirable electric performance cars.” The automaker is teaming up with American EV startup Lucid in a long-term partnership to supply proprietary EV technology to help propel its electrification strategy.
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Here we sit on the precipice of 2022, which is hopefully a shiny new start and not “2020 II.” One of the more optimistic outlooks we can share in the new year is the prospect of further EV adoption, led by an absolute slew of new EV models from all of the major names in vehicles. Below are some of the most anticipated electric vehicles scheduled to arrive in 2022, along with a little blurb about each so you can start planning which ones you want to test drive first.
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Lucid just announced its Lucid Air retail strategy, nine specific retail network locations, and plans for future growth.
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When Lucid Motors announced its all-electric luxury sedan called ‘Air’, it was presented as a serious competitor to Tesla’s Model S, but we expected to be priced higher than Tesla’s flagship vehicle. It starts at $68,000 for a Model S 60 with 218 miles of EPA-rated range.
The startup is announcing today a more aggressive pricing structure than anticipated. The base version of the Air will start at $60,000 in the US before EV incentive for an estimated 240 miles of range.
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