Lucid has teased its reply to the Tesla Mannequin Y, how a lot it’s going to value, and when it’s going to come out because it makes an attempt to penetrate the EV market and take extra whole share out from its opponents.
The Tesla Mannequin Y has dominated not solely the U.S. EV market however the international automotive sector as an entire, because it was the best-selling automobile globally in 2023.
That doesn’t cease opponents from concentrating on the car and the extremely aggressive crossover SUV market, which has come to be one of the vital standard on the earth, however particularly the US.
Tesla says Mannequin Y has achieved unthinkable ‘finest 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 accessible as an choice within the coming years, the automaker is trying ahead by already working to develop its subsequent car.
It is going to 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 Normal (NACS) inlet, eliminating the necessity for an adapter.
Here’s what Lucid confirmed within the launch at this time:
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 can 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.
It will possible result in cheaper automobiles down the street.
Extra Than One On the Method
Whereas this midsize car is being teased, it is very important be aware 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 based mostly upon the midsized platform, however I imply that’s going to tackle the Tesla Mannequin 3, Mannequin Y — best-selling automobile on the earth — but it surely’s going to have Lucid superior expertise.”
Rawlinson believes the new automobiles’ benefits over the Mannequin Y will lie in vary and cost-effectiveness.
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