Lucid has Tesla roots. But before it was making luxury electric vehicles, it was the battery supplier for Formula E cars that race at speeds faster than 150 mph.
Now it’s planning to launch its first car, the Air, at the New York International Auto Show in April.
The Bay Area company formed in 2007. Three years ago, it showed off its first prototype. And in 2018 it got a $1 billion investment from Saudi Arabia’s Public Investment Fund.
So far it's on track to start producing the first batch of its $100,000-range luxury sedans by the end of 2020. In its first year, it wants to make 20,000 cars. Sadly, we won't know much about the Air until the auto show. Read more...
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