Poker_3070@alien.topB to Electric Vehicles@gearhead.townEnglish · 1 year ago2023 Lucid Air COTY Review: Lower Price Fails to Dilute This EV’s Magicwww.motortrend.comexternal-linkmessage-square9fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-link2023 Lucid Air COTY Review: Lower Price Fails to Dilute This EV’s Magicwww.motortrend.comPoker_3070@alien.topB to Electric Vehicles@gearhead.townEnglish · 1 year agomessage-square9fedilink
minus-squareoswell_XIV@alien.topBlinkfedilinkEnglisharrow-up0·1 year agoLucid is a battery technology company masquerading as a car company. Their cars are basically tech demo for their battery tech. Lucid’s survival will depend on its ability to monetize the technology (like what they did with Formula E).
minus-squareSubmitten@alien.topBlinkfedilinkEnglisharrow-up0·1 year agoThey’re also losing close to 200k per car. So it’s actually a 300k car that they discount to look like they have a technology edge.
minus-squarethecodingart@alien.topBlinkfedilinkEnglisharrow-up1·1 year agoThat’s factually incorrect. They’re loosing around $15k a car without R&D cost as a per vehicle parts to build cost… They’re loosing $200k a car when you blindly divide R&D costs + software development + initial investments + vehicle costs by the vehicles being sold…
Lucid is a battery technology company masquerading as a car company. Their cars are basically tech demo for their battery tech. Lucid’s survival will depend on its ability to monetize the technology (like what they did with Formula E).
They’re also losing close to 200k per car. So it’s actually a 300k car that they discount to look like they have a technology edge.
That’s factually incorrect. They’re loosing around $15k a car without R&D cost as a per vehicle parts to build cost…
They’re loosing $200k a car when you blindly divide R&D costs + software development + initial investments + vehicle costs by the vehicles being sold…