...Lucid Motors in October 2016 and officially announced its intent to develop an all-electric, high-performance luxury vehicle.
The company is supported by several Chinese investors and funding from Saudi Arabia. It’s CTO, Peter Rawlinson, is the former Tesla Model S chief engineer.
The company’s Lucid Air base model is claimed to have 480 horsepower and a 400-mile projected range, will sell for about $70,000 and is due to arrive in 2022.
The top-line Lucid Air Dream boasts a 1,080-horsepower electric motor and a 500-mile projected range, will turn a quarter-mile in under 10 seconds and will carry an almost $162,000 price tag. Its 900-volt electric architecture will be the industry’s fastest-charging vehicle to date, with a rate of 20 miles of travel per minute of charge.
Lucid is expected to start delivering vehicles in April of this year.
The first U.S. Lucid factory, known as the Lucid AMP-1 (Advanced Manufacturing Plant) located in Casa Grande, AZ, was completed in early December 2020. It will first build the Lucid Air model.
The factory’s current iteration will be capable of building 30,000 Air models per year. When the factory is fully completed, it will be capable of producing 400,000 units annually, including a second sedan and an SUV. By comparison, the 1964 ½ and 1965 Mustang saw 435,000 units produced.
According to its website, Lucid will use an “aircraft-inspired riveted and bonded monocoque body structure replacing spot welds.” The manufacturer claims this will...