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Lucid Air was named Motor Trend’s 2022 Car of the Year, being the first time a brand new car model won the award. [59] In April 2023, the company began delivering a blacked-out or dark-trimmed 'Stealth' Air to customers, following its introduction in August. [60] Also in April 2023, Lucid Air won the 2023 World Luxury Car of the Year award ...
The Lucid Air is a battery electric 4-door luxury sedan made by Lucid Motors.The car was announced in December 2016 and sold starting in 2021. The Dream Edition's EPA range is estimated at 520 mi (840 km), the longest on the market as of 2024.
When Lucid first went public in 2021, Lucid management projected it would produce and deliver 49,000 vehicles by 2023 and 90,000 by this year. Last year, the company manufactured 8,428 vehicles ...
It currently sells several versions of its Air sedan, but it plans to roll out its new Gravity SUV by late 2024. Analysts expect its revenue to rise 28% to $762 million in 2024 and surge 152% to ...
It currently owns about 60% of the automaker. The Saudi government has supported Lucid in other ways. In 2022, its Ministry of Finance agreed to buy at least 50,000, and possibly as many as ...
His goal is to make Lucid a "major volume player," including the planned late 2024 launch of an electric SUV and a planned 2026 launch of a mid-sized sedan. [25] His name is on dozens of patents for battery technology or other innovations, and Rawlinson oversaw Lucid’s development of the battery used by all the teams in the Formula E electric ...
Take the flagship Lucid Air Pure, for instance, which delivers 430 horsepower and a range of 419 miles and is priced at $69,900. ... For a young, pre-profit company like Lucid, securing funding ...
The PIF investment comes at a critical time for Lucid. The company is spending tons of money to get its EV business off the ground as tries to ramp up production of its Air sedan and begins ...