Another carmaker specializing in electric cars is to come to the European market later this year. At least thatannounced by the Californian company Lucid Motors. The CNBC website reminded that the company wants to produce 20,000 Lucid Air sedans worth $ 2.2 billion this year, roughly 48.3 billion crowns.
In the USA, Lucid delivered the first cars to customers at the turn of October and November 2021. Specifically, it was the Lucid Air Dream Edition model sold for $ 169,000, ie around 3.7 million crowns. In October 2021, CEO Peter Rawlinson added for Reuters that the launch of the Lucid Air sedan in China was to take place in 2023.
Lucid Motors has had a significant year. It went public at the end of July when it completed a merger with Churchill Capital IV from the SPAC category (“Empty” company established purely with the intention of public trading on the stock exchange, which serves to raise capital and subsequent merger with another company – ed. Note.). Lucid Motors has raised $ 24 billion.
Lucid shares continued to prosper during the fall, and the company’s market value even surpassed Ford, reaching $ 89.9 billion. Lucid is currently worth about $ 65 billion. However, its market capitalization is still well below Tesla, which jumped to more than one trillion dollars last year.
Like Tesla, Lucid focuses on autonomous driving in addition to the long range of single-charge cars (Lucid Air covers 836 kilometers).