Written by Cláudio Afonso | LinkedIn | X
Lucid Motors CEO Peter Rawlinson criticized the quality of electric vehicles available in the U.S., stating that many Americans’ experiences with EVs have been underwhelming.
“It’s not perception. It’s reality,” Rawlinson said in an interview with “Cars and Culture,” adding, “Many people [in America] have driven EVs that frankly suck. I know because I drive all the competition. So I think the American public has been ill-served by underwhelming EVs.”
Regarding Lucid‘s upcoming model, the SUV Gravity, Rawlinson claims it will offer a well-rounded blend of range, performance, space, and handling.
“Most people who’ve experienced a Lucid Air realize just how good it is. I think the same is going to be true with the [Lucid] Gravity. And you don’t have to compromise,” he said. “You can have range and performance. You can have space and wide comfort. And you can have a dynamic handling experience.”
On Thursday, the company opened customer orders in the U.S. for its second model, the Lucid Gravity.
The model lineup begins with the Grand Touring variant, available now for pre-order starting at $94,900. Fully loaded, the Gravity costs about $125,000.
This higher-end trim is projected to deliver 828 horsepower and a projected range surpassing 440 miles, according to the EV maker.
Rawlinson also dismissed — again — hybrid vehicles, calling them “the worst of all worlds.” He added, “I’m the guy who had a Lotus when I was 21 years old. So I’m kind of a petrol head. I guess I’m an electron head now. Now, I’ve crossed the great divide. But no, seriously, it is a measurably superior experience.”
The more affordable variant of the Gravity SUV, the Touring version, starts at $79,900 and is scheduled for production beginning in late 2025.
Cantor Fitzgerald reiterated last Friday Friday a Neutral rating on the shares of the electric vehicle maker while cutting the price target by $1 to $3.00.
In a new research note, the analyst Andres Sheppard has lowered the firm’s 2024 vehicle production forecast to 8,453 units, down from a prior estimate of 9,000, despite Lucid officially reiterating the 9,000 units target on the shareholder deck.
Written by Cláudio Afonso | LinkedIn | X
