Final Piece Falls Into Place at Lucid Motors

Steph Willems
by Steph Willems

First came the renderings, then the concept car, then the money, then the factory, then the braintrust. Now, Lucid Motors has a supplier to power it all.

On Monday the Silicon Valley electric vehicle startup, which hopes to shake up the premium EV market with its plush and powerful Air sedan, announced a partnership with a trustworthy battery maker.

“Full production of the Lucid Air is expected to start in late 2020 in Lucid’s new state-of-the-art factory in Casa Grande, AZ, with LG Chem battery cells exclusively powering standard versions of this luxury EV through 2023,” the automaker said in a statement.

“The advanced battery cells provided by LG Chem effectively allow Lucid to lock in core volume production forecasts for the Lucid Air for the next several years, with additional agreements to be announced in the future for special versions of the EV.”

Lucid broke ground on its Arizona factory late last year. After showing off an Air at the entrance to the New York International Auto Show in 2017, Lucid soon found itself the recipient of $1 billion from Saudi Arabia’s sovereign wealth fund. With that cash, it was able to move forward with its production plans.

Lucis aims to tap both the wealthy and middle class with its Air, offering a variety of powertrain and battery configurations. A base, rear-drive, single-motor Air should deliver 240 miles of range and 400 horsepower for a price of $60,000. Well-heeled buyers can expect a 1,000-horsepower, 400-mile AWD offering.

“In conjunction with its proprietary battery architecture and flexible manufacturing technique, Lucid will optimize the LG Chem cells to meet or exceed all target goals for range, energy density, recharge/discharge rates, and more,” the company stated. “In this way, Lucid will leverage the specific cell chemistry of LG Chem’s batteries to develop the most compact, yet energy dense, battery pack form possible.”

[Image: Lucid Motors]

Steph Willems
Steph Willems

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  • ToolGuy ToolGuy on Feb 25, 2020

    Now all they need is a network of freestanding traditional brick-and-mortar dealerships scattered throughout low-population areas.

  • Highdesertcat Highdesertcat on Feb 25, 2020

    It's still a sedan..... in a world of pickup trucks and SUVs/CUVs. If I were a betting man, my bets would be on Rivian with their RT1 and RS1.

  • Probert They already have hybrids, but these won't ever be them as they are built on the modular E-GMP skateboard.
  • Justin You guys still looking for that sportbak? I just saw one on the Facebook marketplace in Arizona
  • 28-Cars-Later I cannot remember what happens now, but there are whiteblocks in this period which develop a "tick" like sound which indicates they are toast (maybe head gasket?). Ten or so years ago I looked at an '03 or '04 S60 (I forget why) and I brought my Volvo indy along to tell me if it was worth my time - it ticked and that's when I learned this. This XC90 is probably worth about $300 as it sits, not kidding, and it will cost you conservatively $2500 for an engine swap (all the ones I see on car-part.com have north of 130K miles starting at $1,100 and that's not including freight to a shop, shop labor, other internals to do such as timing belt while engine out etc).
  • 28-Cars-Later Ford reported it lost $132,000 for each of its 10,000 electric vehicles sold in the first quarter of 2024, according to CNN. The sales were down 20 percent from the first quarter of 2023 and would “drag down earnings for the company overall.”The losses include “hundreds of millions being spent on research and development of the next generation of EVs for Ford. Those investments are years away from paying off.” [if they ever are recouped] Ford is the only major carmaker breaking out EV numbers by themselves. But other marques likely suffer similar losses. https://www.zerohedge.com/political/fords-120000-loss-vehicle-shows-california-ev-goals-are-impossible Given these facts, how did Tesla ever produce anything in volume let alone profit?
  • AZFelix Let's forego all of this dilly-dallying with autonomous cars and cut right to the chase and the only real solution.
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