As global warming concerns grow and green technology gains popularity, electric vehicles are rapidly becoming the preferred choice for environmentally conscious individuals.
In the past, the main obstacles facing EVs were the lack of infrastructure, i.e. charging stations, and sticker shock. However, a company based in the U.S. West appears to have surmounted those issues.
“As a company, we believe that we have a real problem with global warming. We also believe that pure battery electric is the right solution. However, in order to do that, we need to overcome some fundamental hurdles, first of which is range anxiety. We've addressed that with the first car, with its 520-mile range and currently in production,” Lucid Motors CEO and CTO Peter Rawlinson said.
From its manufacturing plant in Arizona, Lucid Motors assembles four models of luxury electric cars, all with affordable prices and equipped with the latest technology. In fact, the technology that gives Lucid cars its long range is the very same one that makes them less expensive.
“The way we achieve range is much more profound and important. We do that with less batteries. If we can go farther with less batteries, we could go the same distance with a much smaller battery pack. Because the battery is the most expensive component of an electric car, we have a profound influence on its manufacturing cost. Now, the cost of ownership is the greatest remaining hurdle to widespread adoption,” Rawlinson said.