Written by Cláudio Afonso | LinkedIn | X
Hours before the start of the iconic Goodwood Festival of Speed, Lucid Motors’ chief executive, Peter Rawlinson, sat down with Bloomberg to discuss the upcoming SUV Gravity, the battery technology and the support from Saudi Arabia’s Public Investment Fund.
Covering the technology and the battery efficiency achieved by Lucid vehicles, the CEO said the company is “going to reveal a product” that achieves 5 miles per kWh “very soon”.
Although no further details were provided, it is anticipated that this innovation will debut as a new, more efficient variant of the renowned Lucid Air and not as a complete new model.
“We’re able to go further with less battery energy than anyone else. I recently announced that we hit the magic five miles per kilowatt hour landmark, and we’re going to reveal a product which achieves that very soon,” Lucid CEO stated.
“We’re actually at 4.74 miles per kilowatt hour here today with our Pure [a varian of the Lucid Air] electric vehicle. Now that Pure variant has a range of 419 miles, more range than anyone else marketplace, but it does it with just an 88 kilowatt hour battery pack,” Rawlinson explained.
According to Cars.com, the top 10 of the most efficient EVs include the Lucid Air, Hyundai Ioniq 6, Tesla Model 3 and the Hyundai Kona.
In mid-June, at the Deutsche Bank Global Auto Industry Conference, Lucid’s CEO announced that the company achieved a certified five miles per kilowatt-hour (kWh) efficiency with one of its products.
“Today, I’d like to announce that we have finally achieved a major objective. We’ve managed to achieve a certified five miles per kilowatt-hour with one of our products. This is a landmark achievement validated by the EPA,” Rawlinson stated on June 12.
The EV maker reported on Monday that it delivered 2,394 vehicles in the second quarter of the year, while producing 2,110 units, beating expectations from Wall Street analysts.
Lucid scheduled a conference call to discuss its second quarter 2024 financial results on August 5 at 5:30 pm eastern time immediately after releasing its financial results.
In an email sent last week, the company announced that was introducing a new leasing incentive of $7,500 Air Credit for customers in the United States. This offer is in addition to the existing $4,000 bonus available for inventory vehicles.
Global X Lithium & Battery Tech ETF (LIT) has filed a new form revealing that it has cut its stake in the electric vehicle (EV) manufacturer Lucid Motors by 7 percent after selling nearly 664,000 shares.
Based on the closing price last Friday, the present value of the ETF’s position in Lucid stands at $25.4 million.
Roger Atkins, Founder of “Electric Vehicles Outlook” and one of the most respected voices in the EV industry, shared on LinkedIn that Lucid Motors CEO Peter Rawlinson will be interviewed by him at the Goodwood Festival of Speed (FoS) later this week.
Written by Cláudio Afonso | LinkedIn | X
