Lucid is a battery technology company masquerading as a car company. Their cars are basically tech demo for their battery tech. Lucid’s survival will depend on its ability to monetize the technology (like what they did with Formula E).
It’s more than just their batteries, their motors are much more compact and lightweight while still being able to compete with the Germans and Tesla in terms of power output. They’re also masters at vehicle packaging, and with the extraordinarily positive reception to the Sapphire they can also make a large heavy EV drive like the ICE champions in the sports sedan sector.
I do hope the company can survive to make vehicles in a class below the Air and Gravity, but even if they don’t that tech will be highly sought after by the legacy manufacturers and work its way into future cars regardless.
Lucid is a battery technology company masquerading as a car company. Their cars are basically tech demo for their battery tech. Lucid’s survival will depend on its ability to monetize the technology (like what they did with Formula E).
It’s more than just their batteries, their motors are much more compact and lightweight while still being able to compete with the Germans and Tesla in terms of power output. They’re also masters at vehicle packaging, and with the extraordinarily positive reception to the Sapphire they can also make a large heavy EV drive like the ICE champions in the sports sedan sector.
I do hope the company can survive to make vehicles in a class below the Air and Gravity, but even if they don’t that tech will be highly sought after by the legacy manufacturers and work its way into future cars regardless.
They’re also losing close to 200k per car. So it’s actually a 300k car that they discount to look like they have a technology edge.
That’s factually incorrect. They’re loosing around $15k a car without R&D cost as a per vehicle parts to build cost…
They’re loosing $200k a car when you blindly divide R&D costs + software development + initial investments + vehicle costs by the vehicles being sold…