Lucid CEO agrees with Musk that America doesn’t need cheap cars
Lucid CEO Peter Rawlinson says the market for cheap electric cars is terrible. He believes other carriers should license its technology rather than build low-cost Lucid. Other brands may already be planning to launch affordable electric cars with or without Lucid. Tesla and Elon Musk have long promised to launch a $25,000 electric car. That promise ultimately fell by the wayside, as Musk recently called the idea pointless. Now Lucid CEO Peter Rawlinson says his car company isn't interested in that price point either. At the same time, he is hopeful about the low-price market. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP") { adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd("6a782b01-facb-45f3-a88f-ddf1b1f97657"); "This market is notorious because you get into large-scale manufacturing -- horrible, low-margin...putting a manufacturing base for millions of these vehicles," Rawlinson said of affordable electric cars in a recent Bloomberg podcast. It’s meaningless.” Read: Lucid Air Sapphire beats Porsche Taycan Turbo GT in most…
Lucid CEO agrees with Musk that America doesn’t need cheap cars
He believes other brands can achieve this by licensing Lucid technology November 19, 2024 09:17 Lucid CEO Peter Rawlinson says the market for cheap electric cars is terrible. He believes other carriers should license its technology rather than build low-cost Lucid. Other brands may already be planning to launch affordable electric cars with or without Lucid. Tesla and Elon Musk have long promised to launch a $25,000 electric car. That promise ultimately fell by the wayside, as Musk recently called the idea pointless. Now Lucid CEO Peter Rawlinson says his car company isn't interested in that price point either. At the same time, he is hopeful about the low-price market. "This market is notorious because you get into large-scale manufacturing -- horrible, low-margin...putting a manufacturing base for millions of these vehicles," Rawlinson said of affordable electric cars in a recent Bloomberg podcast. It’s meaningless.” Read: Lucid Air Sapphire beats Porsche Taycan Turbo GT in most powerful drag race yet But…
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