Lucid Air
#241
Lexus Fanatic
A "Lucid Store" is being constructed in Tysons Corner mall, I was there last night. I meant to take a picture...
#242
Gotta give credit where credit is due, competition will make Tesla better as well.
#243
Lucid is expensive, so it should also be quick because competition is quick.
When you are looking at Lucid Air, you will not compare it with whatever S class is fastest, you will compare it with Tesla Model S, so yes, quickness will matter... so will range. Depending on if you had EVs before, you also might care about actual charging speed (up to 90%, not just nominal speed at 10%) and charging network. For instance, Mach-E charges at 12kwh after 80%, wtf.
#244
Moderator
iTrader: (16)
Production of the 2022 Lucid Air EV Started Today
- Lucid Motors held a factory-commissioning ceremony in Casa Grande, Arizona, today to celebrate the start of production of the Lucid Air sedan.
- The first customer-quality cars were driven off the line, indicating the Lucid Air has received full EPA and FVMSS safety certification.
- Customer deliveries of the 2022 Lucid Air Dream Edition are set to begin in late October, with other variants to follow.
An excited group of Lucid Air Dream reservation holders, Lucid dignitaries, and Arizona Gov. Doug Ducey were on hand today to watch the first customer-quality 2022 Lucid Air cars roll off the assembly line today. Analysts, investors, and members of the media, including Car and Driver, were also present. The move signifies that the Lucid Air sedan has received full FPA and FMVSS safety certification, and it paves the way for the first 2022 Lucid Air Dream Edition customer deliveries in late October.
Lucid's facility, dubbed the Advanced Manufacturing Plant (AMP-1), not only builds the cars themselves, but an adjoining Lucid Powertrain Manufacturing (LPM-1) facility also assembles major powertrain components such as the electric motors, power electronics, and battery packs. A Lucid representative told C/D that complete control over both powertrain design and manufacturing is one reason why the Dream Edition can produce as much as 1111 horsepower and deliver up to an EPA-certified 520 miles of driving range.
The limited production cap of the waitlisted Dream Edition is now set at 520 cars to celebrate that maximum range achievement, but the Casa Grande, Arizona, plant will also build the $139,000 Lucid Air Grand Touring. This model makes some 800 horsepower and has been certified to have a range of 516 miles when equipped with the standard 19-inch wheels and tires. Production of the lower-cost Touring and Pure models will follow after they receive their EPA certifications.
In 2023 the AMP-1 plant is set to begin production of an SUV that is known by the name Project Gravity. Little else has been made public, and a reservation portal for the SUV has not yet opened on the Lucid website. This delay seems like a strategic decision to allow the new AMP-1 plant to ramp up smoothly before a potentially higher-volume SUV is added to the production mix.
Currently, Lucid has some 13,000 reservation holders. It will be interesting to see how that changes now that the plant is up and running. It's common practice for high-end models to be produced first, so it will be interesting to see what happens once production of the $77,400 Lucid Air Pure gets underway.
Production is an important milestone, and Lucid should be congratulated for this achievement. But the realities of sustained sales, delivery, build quality, and after-sale service are still big unknowns. These have proven to be challenging for all-new car companies, so let's hope the Lucid Air sedan's impressive power and range specs are harbingers of how the customer experience will pan out.
Lucid's facility, dubbed the Advanced Manufacturing Plant (AMP-1), not only builds the cars themselves, but an adjoining Lucid Powertrain Manufacturing (LPM-1) facility also assembles major powertrain components such as the electric motors, power electronics, and battery packs. A Lucid representative told C/D that complete control over both powertrain design and manufacturing is one reason why the Dream Edition can produce as much as 1111 horsepower and deliver up to an EPA-certified 520 miles of driving range.
The limited production cap of the waitlisted Dream Edition is now set at 520 cars to celebrate that maximum range achievement, but the Casa Grande, Arizona, plant will also build the $139,000 Lucid Air Grand Touring. This model makes some 800 horsepower and has been certified to have a range of 516 miles when equipped with the standard 19-inch wheels and tires. Production of the lower-cost Touring and Pure models will follow after they receive their EPA certifications.
In 2023 the AMP-1 plant is set to begin production of an SUV that is known by the name Project Gravity. Little else has been made public, and a reservation portal for the SUV has not yet opened on the Lucid website. This delay seems like a strategic decision to allow the new AMP-1 plant to ramp up smoothly before a potentially higher-volume SUV is added to the production mix.
Currently, Lucid has some 13,000 reservation holders. It will be interesting to see how that changes now that the plant is up and running. It's common practice for high-end models to be produced first, so it will be interesting to see what happens once production of the $77,400 Lucid Air Pure gets underway.
Production is an important milestone, and Lucid should be congratulated for this achievement. But the realities of sustained sales, delivery, build quality, and after-sale service are still big unknowns. These have proven to be challenging for all-new car companies, so let's hope the Lucid Air sedan's impressive power and range specs are harbingers of how the customer experience will pan out.
#245
Lexus Champion
The stock tanked today (most of the market did) but then spiked after hours this is why.
#247
Lexus Champion
Think Lucid stock can push $50 by the end of the year?
#248
Moderator
iTrader: (16)
I think similar to Tesla stock, it will depend on their number of deliveries in that time frame. The good news is Tesla paved the way for Lucid and Rivian to be successful. Lucid was founded back in 2007 and Rivian in 2009 (Tesla 2003). Rivian I'm most impressed with as they debuted their concept at the 2018 LA Auto Show and 3.5 years later they're rolling off the line. To answer your question though, I sure hope so!
#250
Speaks French in Russian
#251
Lexus Champion
I look like a genius for fattening my Lucid % when it dipped below $20. 🤓 Of course it could have gone the other way. 😖
#252
Speaks French in Russian
ha! same! I did sell my short term options on them this morning though. rare to see it continue to go up after an event, usually its a "sell the news" thing with stocks. Plus the options i had expire middle of October so im not waiting. lol. still have all my shares though (and a option for 2023 that ill hold onto for a bit longer).
#253
Lexus Champion
I didn't sell anything today Lucid is a long term hold for me. Could have made some quick money though. I still give Lucid a 50% chance of succeeding I'll change my mind if/when they actually ship several thousand cars this year. Looking good though.
#255
Lexus Fanatic
iTrader: (20)
was watching goliath (billy bob thornton) on prime last night and looky what's in it...