Lucid Motors is all set to launch an electric car soon. The company owned by former Tesla engineer Paul Rawlinson is the latest in the market trying to compete with Tesla.
The sudden rise in the EV sector has led to many investors investing their money to see the automotive industry’s future. The company has already started planning and will soon be all over the market. They plan to build vehicles in their Arizona factory and plan to deliver 20,000 units and 251,000 units by the end of 2026.
They are quite confident, and they might be the company that is here to give Tesla substantial competition. The company is also seeing several new investors and the future of Lucid Motors seems pretty bright.
Their latest launch, the Lucid Air, has already been making headlines and has been priced to give Tesla a run for its money. Lucid Motors is here to become a part of the market and outperform all other electric vehicles to strong-arm their company.