![]() Also notable is the fact that the motors can spin up to 20,000 rpm, a significant performance advantage over the competition, the company said. For their power, the motors are two and a half times more volumetrically compact than the closest competitor. In total, Lucid’s drive units are 45% lighter and up to 59% more powerful than the closest competitor. This compactness allows for one, two, or even three units to be used to power a Lucid Air. Combining these motors with an inverter and an integrated transmission and differential creates an advanced 900V+ electric drive unit that weighs just 163lb (74kg) and is small enough to fit inside a standard airline carry-on roller bag.Įach drive unit packs more than 650hp, with a power density that is well beyond anything else offered on the EV market at 41hp per liter. Starting with the in-house development of the Air’s drivetrain, Lucid created a line of powerful, compact and ultra-efficient permanent magnet electric motors. Lucid has been able to closely match its own computer-modeled predictions in real world testing by carefully engineering its proprietary technology with a focus on optimizing every aspect of the Air’s performance and efficiency. The power of the Lucid Air is complemented by an available extended-range capability that achieves an estimated EPA range of up to 517 miles on a single charge. ![]() To date, it is the only electric sedan yet to achieve a quarter-mile time under 10 seconds, with room for five passengers and class-leading interior and storage space. With up to 1,080 horsepower available in a dual-motor, all-wheel-drive architecture, the Lucid Air is able to achieve quarter-mile times as low as 9.9 seconds on a consistent, repeatable basis. Production of the mid-range Lucid Air Touring started this month and the company said it is “on track” to start deliveries of Lucid Air Pure, its cheapest model, later this quarter.Ī 1,200-plus horsepower Lucid Air Sapphire, which it calls “the world's first fully electric luxury super-sports sedan”, has also been announced, with the aim of production beginning in the first half of next year, with reservations for its Project Gravity SUV due to open in early 2023, which the company believes will "unlock a very large and incremental addressable market".Lucid Motors provided some details about it proprietary, in-house developed electric drivetrain that will power the forthcoming pure-electric luxury Lucid Air. Investment was made the AMP-1 production facility in Casa Grande, Arizona, with the next phase being to increase capacity, vehicle development and further expansion of retail, delivery, and service capabilities. Lucid, which is bossed by Tesla's former chief engineer, Peter Rawlinson, said it has successfully brought its logistics operations in-house and restructured both its logistics and manufacturing organisation. However, the number of reservations was down from August's figure of 37,000.Ĭash stood at US$3.85bn, which was said to be "sufficient liquidity at least into the fourth quarter of 2023", after total cash outflow of US$859.6mln in the quarter, of which capital expenditure was US$290mln. Reservations stood above 34,000 at the end of September, not including the up to 100,000 purchase commitment by the government of Saudi Arabia, where the company is is constructing a full-production factory. ![]() Revenue of US$195.5mln in the third quarter was up from US$97.3mln in the second, while net loss attributable to shareholders of US$530.1mln was down from US$559.2mln in the preceding quarter. This represented “significant progress” toward its 2022 production target of 6,000-7,000 – though this has been cut from an original estimate of 20,000 during the year. In the third quarter, Lucid Motor produced a record 2,282 vehicles and delivered 1,398, which it said was respectively more than triple and double the amounts produced and delivered in the second quarter. Lucid Group Inc (NASDAQ:LCID), a sporty electric vehicle rival to Tesla, enjoyed record delivery numbers in the past quarter but reported a larger loss as it continues to ramp up its production facilities, research & development and marketing efforts. ![]()
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