Musk, Take Notice: Lucid Unveils 3 Affordable EVs To Compete With Tesla's Model Y, Model 3

Quick Summary:

Lucid Senior Vice President of Design Derek Jenkins said in a recent interview with CarBuzz that there will be multiple vehicles from the company as part of its mid-size vehicle launch platform.

As it looks to compete with other electric vehicle companies, existing automotive companies and EV market leader Tesla, Lucid is set to launch three affordable EVs to take on the competition.

A battle between Lucid Group Inc (NASDAQ:LCID) and Tesla Inc (NASDAQ:TSLA) could be heating up with more affordable vehicles coming in the electric vehicle sector.

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Article Details

Author / Journalist: Chris Katje

Category: Technology

Markets: United States

Topics: Model Y Lucid Air LCID US88160R1014 Stories That Matter Trading Ideas Lucid Gravity Peter Rawlinson Top Stories Model 3 Electric SUVs Benzinga TSLA Electric vehicles Tech Elon Musk

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-22 @ 20:51:40 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 494 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22216054

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