Lucid has teased its reply to the Tesla Mannequin Y, how a lot it should value, and when it should come out because it makes an attempt to penetrate the EV market and take extra complete share out from its rivals.
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 automobile globally in 2023.
That doesn’t cease rivals from concentrating on the car and the extremely aggressive crossover SUV market, which has come to be probably the most well-liked on this planet, 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 out there as an choice within the coming years, the automaker is trying ahead by already working to develop its subsequent car.
It will likely be a midsize car, 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 Commonplace (NACS) inlet, eliminating the necessity for an adapter.
Here’s what Lucid confirmed within the launch right this moment:
A teaser picture of the Lucid midsize car (PRNewsfoto/Lucid Group)
New Atlas Drive Unit
Together with a brand new car design comes a brand new drive unit, as Lucid will incorporate its new Atlas drive unit into the midsize car.
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 would additionally make the most of a proprietary software program stack that “permits the total potential of the superior drive items and supplies powertrain controls together with torque vectoring, traction management, and battery administration,” the corporate mentioned.
This can probably result in cheaper autos down the street.
Extra Than One On the Approach
Whereas this midsize car is being teased, it is very important notice that it isn’t 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 car, 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 automobile on this planet — but it surely’s going to have Lucid superior know-how.”
Rawlinson believes the new autos’ benefits over the Mannequin Y will lie in vary and cost-effectiveness.
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