Electric vehicle (“EV”) start-up Lucid Motors is taking aim at perhaps the best-known company in the EV space. The company claims its new all-electric air sedan, the Lucid Air, is more efficient, faster and a more spacious vehicle than the Tesla Model S, a car that Lucid CEO Peter Rawlinson helped develop when he worked as the Model S chief engineer and vice president of engineering at Tesla Inc. (NASDAQ: TSLA) from 2009 to 2012. Rawlinson noted that the high-end version of the Air is 17% more energy efficient than Tesla models. Expected to be in production early next year, the Lucid Air will be built at the company’s Arizona plant. In addition to unveiling the Air, the company also mentioned it’s next vehicle planned for production: a crossover-SUV tentatively named Gravity. “What we’ve got is a breakthrough in electric cars,” said Rawlinson in the press release. “That’s not just due to batteries, it’s due to a whole host of big-picture thinking that’s added up.”
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About Lucid Motors
Lucid Motors is a luxury mobility company that is reimagining what a car can be. The company is applying innovative engineering, design and technology to define a new class of vehicle. Lucid is developing products and services for the new world of experiential, on-demand and sustainable luxury, with the Lucid Air premium sedan as its first platform. Headquartered in Newark, California, in the heart of Silicon Valley, the Lucid team brings deep expertise from the automotive and technology industries. For more information, please visit www.LucidMotors.com.
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