Lucid has teased its reply to the Tesla Mannequin Y, how a lot it is going to value, and when it is going to come out because it makes an attempt to penetrate the EV market and take extra whole share out from its opponents.
The Tesla Mannequin Y has dominated not solely the U.S. EV market however the international automotive sector as a complete, because it was the best-selling automotive globally in 2023.
That doesn’t cease opponents from concentrating on the automobile and the extremely aggressive crossover SUV market, which has come to be some of the fashionable on the earth, however particularly america.
Tesla says Mannequin Y has achieved unthinkable ‘greatest vendor’ label in simply 4 years
Lucid is trying to break into that market. With a luxurious sedan and an upcoming luxurious SUV each to be accessible as an choice within the coming years, the automaker is wanting ahead by already working to develop its subsequent automobile.
It will likely be a midsize automobile, Lucid mentioned. The corporate additionally included a teaser picture in its press launch, the place it additionally confirmed the Gravity SUV will equip the Tesla North American Charging Customary (NACS) inlet, eliminating the necessity for an adapter.
Here’s what Lucid confirmed within the launch at this time:
A teaser picture of the Lucid midsize automobile (PRNewsfoto/Lucid Group)
New Atlas Drive Unit
Together with a brand new automobile design comes a brand new drive unit, as Lucid will incorporate its new Atlas drive unit into the midsize automobile.
This drive unit is smaller to permit for extra inside cabin area and is extra environment friendly, as Lucid hopes to enhance on its already industry-leading vary and effectivity.
It’s going to additionally make the most of a proprietary software program stack that “allows the complete potential of the superior drive items and gives powertrain controls together with torque vectoring, traction management, and battery administration,” the corporate mentioned.
This may probably result in cheaper autos down the highway.
Extra Than One On the Approach
Whereas this midsize automobile is being teased, it is very important be aware that it’s not the one one Lucid is planning for.
In an interview with Yahoo Finance, CEO and CTO Peter Rawlinson mentioned:
“There’s not only one midsized automobile, there’s a plural. I’ve not disclosed what number of primarily based upon the midsized platform, however I imply that’s going to tackle the Tesla Mannequin 3, Mannequin Y — best-selling automotive on the earth — however it’s going to have Lucid superior expertise.”
Rawlinson believes the new autos’ benefits over the Mannequin Y will lie in vary and cost-effectiveness.
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