Lucid CEO Peter Rawlinson said the company's next model line-up will target a mass-market family car segment.

Lucid’s $50,000 Tesla Challenger Under Development, CEO Suggests::Lucid CEO Peter Rawlinson said the company’s next model line-up will target a mass-market family car segment.

  • @[email protected]English
    4•9 months ago

    Not gonna happen until battery prices come wayyyy down.

    Tesla is the only one that could do it but they won’t. Too much demand.

    • @[email protected]English
      2•9 months ago

      There are plenty of cars coming out of China at that price point. With decent range figures too.

        • @[email protected]English
          0•9 months ago

          That doesn’t stop them from existing, or being highly competitive. It’s up to western and Japanese car makers to compete rather than pretend it’s not happening.

          The cars also pass NCAP/ANCAP testing with 5 stars.

          • @[email protected]English
            1•9 months ago

            That doesn’t stop them from existing

            …what? Why would you even say that? Of course they “exist” but they don’t have to meet any of the safety or labor regulations they do in the US.

            But by all means if you want to further exploit cheap labor and drive a deathtrap, move to China.

            • @[email protected]English
              1•9 months ago

              You don’t have to like them, but explain to me how it’s a ‘deathtrap’ if it passes the same safety standards as a car produced anywhere else. A 5 star NCAP car doesn’t become less safe just because it’s Chinese.

              6 of the top 10 safest cars tested in 2023 are from Chinese automakers.

              They are producing and exporting safe and affordable electric vehicles and they’re seeing great success in Europe and Oceania. Tarrifs are the only thing protecting the US auto market from similar inroads.

              • @[email protected]English
                1•9 months ago

                They are producing and exporting safe and affordable electric vehicles and they’re seeing great success in Europe

                1. Let’s see it

                2. Add another $5-10k to that to ship them to the other side of the planet.

    • @[email protected]English
      1•9 months ago

      Not gonna happen until battery prices come wayyyy down.

      One would expect increasing the number of cars sold should drive economies of scale nine manufacturing.

      • @[email protected]English
        1•9 months ago

        To an extent, yes. But at this point there’s a production shortage and they can’t even make enough as it is. So it would actually cost MORE money to increase supply.

          • @[email protected]English
            1•9 months ago

            I reckon they are the one of the companies that can’t do it because they need big margins

            Quite the opposite. They’re one of the few who can because they have massive margins already.

            Tesla is about to have a bad time

            LMFAO 😂 you think these companies are going to take literally any business from Tesla? It’s a completely different market.

            • @kameecodingEnglish
              1•9 months ago

              No, mate the big automakers will take the market from tesla, VW group, Stellantis, Hyundai group

              Not to mention the chinese, teslas market share has already stalled

              • @[email protected]English
                1•9 months ago

                They will absolutely not. Tesla sells more EVs than every other automakers combined, not to mention most of them are selling at a loss.