"The Model S made EVs cool and desirable, not only putting Tesla on the map but also spearheading the global auto industry's biggest shift in a century."
"Lucid aims to produce 25,000 to 27,000 vehicles this year, targeting the 350,000 Model S and Model X owners in the U.S. as they seek new EVs."
"Lucid believes it has a meaningful edge in the luxury segment, particularly against Tesla, as it offers the Air sedan and Gravity SUV as alternatives."
Tesla's decision to discontinue the Model S and Model X has sparked mixed reactions online, with many mourning the loss of these iconic vehicles. The Model S is credited with making electric vehicles desirable and significantly impacting the auto industry. Lucid aims to capitalize on this opportunity, targeting the 350,000 Model S and Model X owners in the U.S. as they seek new EVs. However, Lucid faces competition from established luxury brands offering advanced technology and features. The company plans to produce 25,000 to 27,000 vehicles this year, with hopes for future mass-market models.
Read at insideevs.com
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