Tag: Lucid

Lucid CEO Concerned About Chip Supplies From China Due to COVID Lockdown

May 11, 2022
Business & EconomyBusinesses in COVID-19CCP VirusChinaChina Business & EconomyLucidSpecial Topicszero-COVID
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SAN FRANCISCO—The chief executive of Lucid Group Inc on Wednesday expressed concern about chip supplies from China due to COVID-19 pandemic-related lockdowns, adding that the U.S. electric vehicle startup is taking measures to mitigate the impact. “My biggest concern probably is semiconductors from China and the impact of COVID in that part of the world,”…

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Why Lucid CEO Sees Tesla 4680 Batteries Being a ‘Huge Breakthrough’ as Just a ‘Fantasy’

November 6, 2021
4680 batterybreakthroughBusiness & EconomyCompaniesLucidPeter Rawlinsontesla
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Lucid Group Inc. (LCID) CEO Peter Rawlinson believes Tesla Inc’s new 4680-type cylindrical cell format is not a “huge breakthrough,” IEEE spectrum reported, citing the executive. What Happened Rawlinson believes that the larger format and new design have some advantages but it is more a “triumph of packaging” due to its tightly packed “jelly rolls”…

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Lucid to Start Deliveries of Electric Cars With Range Exceeding Tesla’s in October

September 29, 2021
ArizonaBusiness & EconomycarsCompaniesdeliverieseconomyelectricLocal NewsLucidoctoberRegional-Local NewsSouthern CaliforniaTechteslaUSUS News
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CASA GRANDE, Ariz.—U.S. startup Lucid Group Inc., said on Tuesday it will start delivering luxury electric sedans with a Tesla-beating driving range in late October, posing a major challenge to the market leader whose sales of premium models have stagnated. The California-based Lucid began production of its long-delayed Lucid Air cars at its Arizona factory…

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