The Surprising Struggle of Lucid Motors: Can Luxury EVs Survive in a Competitive Landscape?

2025 m. gegužės 5 d., 03:17

Lucid Motors faces financial difficulties amid competition in the electric vehicle (EV) market. Only 3,386 Lucid Air cars were produced in the last quarter of 2024, highlighting production challenges. High pricing, with entry models starting at $70,000, limits customer reach amid growing demand for affordable EVs. Lucid struggles against strong players like Tesla...