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“There is a disappointing demand for luxury sedans”.
Yes, Peter. There is.
And the Gravity certainly is impressive. But I’m just concerned they have enough cash to bring it to production.
And the steering wheel is a squoval, not a squircle.
Perish the thought.Lucid will have to introduce new models in the middle range of the market to start selling in volume.
I think that there will be disappointing demand even for an SUV if the price is in the US $80,000 plus range. The Gravity pricing will "start" at that number (but good luck getting one for that amount) and go up quickly from there. There is only so many people who can afford a vehicle at that price, and the 'luxury' EV market is already pretty saturated.
Lucid will have to introduce new models in the middle range of the market to start selling in volume. Lucid has, or at least did have, ambitions to do that, but I assume that it will be years, if ever, before those plans are realized.
I wonder if a Cybertruck can beat a Lucid ....while towing another Lucid ?New video of 3 drag runs of the Lucid Air Sapphire vs. Tesla Model S Plaid:
The Plaid won all three races even swapping lanes to try to make it fair, so the Sapphire really isn't living up to the specs. (Track conditions weren't ideal, but that was true for both vehicles.)
Note: They have removed 170lbs. from the Paid, but mentioned that even before they removed that weight they still ran better times than the Sapphire did in the three runs.
This is such an odd story. It actually reads like a Lucid ad.Someone Already Crashed a 2023 Lucid Air Grand Touring, Not Much Is Left of It
The Lucid Air Grand Touring is the EV with the longest range currently available on the American market. But there is one less in the worldwww.autoevolution.com
Oof!
Q4 2024
8428 produced
6001 delivered
Lucid produced 2,391 vehicles during Q4 and delivered 1,734 vehicles during the same period.
Inventory above 5,300, but days of supply dropped down to ~230.
I have to say that excuse is getting a little old... You have been saying that for almost a year now:Legacy OEMs consider 60 days inventory ideal.
But Lucid is expanding into Europe and Arab Gulf States.
They cranked up output in December to meet their production goal.
And didn't have time to deliver by 12/31/22.
A lot of those cars were on boats to Europe and the Middle East.
I have to say that excuse is getting a little old... You have been saying that for almost a year now:
Rawlinson has been the problem since day one....he is the literal embodiment of the perfect being the enemy of the goodThe end isn’t “near” but if you divide the money left by the amount consumed on average over the last 4 quarters, you can calculate it, and it’s not decades off. It’s more like 4-6 quarters off.
I have been so terribly disappointed by Lucid. Hearing Rawlinson talk about they are the “best“ in everything again for 10 minutes on the call is going to be tortuous.