Lucid Motors CEO Peter Rawlinson indicated that the brand aims to launch a $50,000 EV in the mid- to late-decade time frame.
Even though Rawlinson agreed that the world needs a $25,000 EV, a $50,000 model is the best the brand can achieve between the mid- to late-decade time frame. Rawlinson, a former Tesla engineer, led the Tesla team that designed the North American Charging Standard plug.
He added that it was rare for EV customers to drive over 500 miles in a single day, and expressed the need for wider Level 2 charging infrastructure in locations like apartment buildings and street parking lots. DC fast charging is detrimental to the environment, to the grid, and to the car’s battery, he said, encouraging more overnight charging.
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