Lucid Motors, Inc. is an American automotive company specializing in electric cars. As of 2020 its first car, Lucid Air, is in development. Lucid was founded in 2007 under the name Atieva and originally focused on building electric vehicle batteries and powertrains for other vehicle manufacturers.
About Lucid Motors in brief
Lucid Motors, Inc. is an American automotive company specializing in electric cars. As of 2020 its first car, Lucid Air, is in development. Lucid was founded in 2007 under the name Atieva and originally focused on building electric vehicle batteries and powertrains for other vehicle manufacturers. Some of Lucid’s 500 employees as of 2016 had previously worked at other car companies such as Tesla and Mazda, including Peter Rawlinson, the former VP of Engineering at Tesla. The company has seen investments from Tsing Capital, Mitsui, Venrock, JAFCO, and others, providing an estimated US$131 million by 2016.
On November 29, 2016, state and company officials announced the planned construction of a US$700 million manufacturing plant in Casa Grande, Arizona, which was projected to employ up to 2,000 workers by the mid-2020s. The factory was then to be designed to support a maximum capacity of 380,000 cars per year. On August 11, 2020, it was announced that the car is expected to have with an estimated EPA range of 517 mi on a single charge. The Lucid air Pure was announced with 406 miles of projected range and 480 horsepower and a starting price of USD 69,900.
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This page is based on the article Lucid Motors published in Wikipedia (as of Jan. 03, 2021) and was automatically summarized using artificial intelligence.
