The Lucid CEO confirmed that a 50,000 electric car is being developed to compete with the Tesla Mod

Mondo Cars Updated on 2024-01-31

On December 27, according to foreign media reports, Peter Rawlinson, CEO of American electric vehicle startup Lucid, confirmed that the company is developing an electric car priced at $50,000, which will compete with Tesla's best-selling Model Y and Model 3.

Lucid initially focused on high-end electric vehicles such as the $80,000 Air sedan and the $24The $90,000 Air Sapphire is now focused on developing more affordable models that compete directly with Tesla's two best-selling models, the Model Y and Model 3.

According to foreign media reports, the company's new model is expected to be launched after 2025 and before 2030. Notably, these models will benefit from Lucid's battery technology, which was originally developed for the Air and is also used in the Gr**ity.

It is reported that Lucid was previously a battery company, and it can use this knowledge to provide excellent range in upcoming models. This is critical, as range remains a key determinant for many EV buyers.

On November 16 this year, Lucid launched its second model, the Lucid Gr**ity luxury electric SUV. The car is a high-end electric SUV that will be available in a three-row configuration (6 or 7 seats) or a two-row configuration (5 seats) with an acceleration time of less than 3 km/hIn 5 seconds, the range is expected to exceed 440 miles (about 708 kilometers).

According to foreign media, Lucid's goal is to become a strong competitor in the electric vehicle market, and the development of the Gr**ity SUV is an important step to achieve this goal.

It is reported that the Lucid Gr**ity will compete with Tesla Model X, Audi e-tron and Mercedes-Benz EQC, BMW IX and Rivian R1S.

According to foreign media reports, the car will start production at the end of 2024, and the starting price is expected to be less than $80,000. In comparison, the Model X is priced at $68,590. (Little Fox).

Related Pages