By Niraj Chokshi and Jack Ewing | New York Times
It celebrated the production of its first cars less than two months ago. Deliveries have just begun. But for a company with so few vehicles on the road, Lucid Motors is generating a lot of buzz.
Its debut sedan, the $169,000 Lucid Air Dream Edition, has been hailed for its workmanship and the ability to travel a record 520 miles on a single charge. MotorTrend magazine declared it the car of the year. And Lucid’s shares have more than doubled in the last month, putting the company’s worth at $85 billion — a valuation higher than Ford Motor’s.
The accolades are a tribute to Lucid’s chief executive, Peter Rawlinson, an auto industry veteran who engineered the Model S, the sedan that established Tesla as a serious carmaker. Now, he hopes that the Air will do the same for Lucid.
