Lucid has teased its reply to the Tesla Mannequin Y, how a lot it would price, and when it would come out because it makes an attempt to penetrate the EV market and take extra complete 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 focusing on the car and the extremely aggressive crossover SUV market, which has come to be some of the well-liked on this planet, however particularly america.
Tesla says Mannequin Y has achieved unthinkable ‘greatest vendor’ label in simply 4 years
Lucid is seeking 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 is going to be a midsize car, Lucid stated. 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 right now:
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 house 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 models and gives powertrain controls together with torque vectoring, traction management, and battery administration,” the corporate stated.
This may probably result in cheaper autos down the street.
Extra Than One On the Means
Whereas this midsize car is being teased, it is very important observe that it’s not the one one Lucid is planning for.
In an interview with Yahoo Finance, CEO and CTO Peter Rawlinson stated:
“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 this planet — nevertheless it’s going to have Lucid superior expertise.”
Rawlinson believes the new autos’ benefits over the Mannequin Y will lie in vary and cost-effectiveness.
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