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 rivals.
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 automotive globally in 2023.
That doesn’t cease rivals from concentrating on the automobile and the extremely aggressive crossover SUV market, which has come to be one of the vital widespread on this planet, however particularly the USA.
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 possibility within the coming years, the automaker is wanting ahead by already working to develop its subsequent automobile.
It will likely be a midsize automobile, 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 at this time:
A teaser picture of the Lucid midsize automobile (PRNewsfoto/Lucid Group)
New Atlas Drive Unit
Together with a brand new automobile design comes a brand new drive unit, as Lucid will incorporate its new Atlas drive unit into the midsize automobile.
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 “allows the total potential of the superior drive models 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 highway.
Extra Than One On the Approach
Whereas this midsize automobile is being teased, you will need to observe that it’s not 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 automobile, 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 automotive 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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