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Lucid Motors, an American electric automaker, has achieved a new delivery record in Q2 2024. The company delivered 2,394 Lucid Air units, representing a 70% year-on-year increase. Despite a slight production decline, Lucid's inventory has dropped. With the upcoming Lucid Gravity SUV launch, the company aims to maintain momentum. Lucid's price cuts earlier this year have contributed to this success, making their vehicles more accessible to customers. The company will discuss its Q2 2024 financial results in an upcoming conference call. https://lnkd.in/gQkJ-eTp #LucidMotors #LucidAir #EVDeliveries #Q22024 #ElectricVehicles #LuxuryEV #LucidGravity #EVStartup #AmericanEV #AutoIndustry #SustainableMobility #GreenTransportation #EVMarket #CleanEnergy #FutureOfDriving #EVInnovation #ElectricSUV #TechNews #AutomotiveTrends #ZeroEmission

*Beyond Luxury: Lucid's Surprising Pivot to Become the Next Auto Giant.* -Peter Rawlinson, CEO of luxury EV maker Lucid Motors, has boldly reaffirmed the company's vision to become a significant player in the automotive industry. Speaking at the Goodwood Festival of Speed, Rawlinson declared: "Do not think of Lucid as a niche luxury car company. We're going to be huge. I want us to sell a million units a year and have a much bigger impact than that." Key Points: -Q2 2024 Deliveries: 2,394 vehicles. -2024 Production Target: Approximately 9,000 vehicles. -Gravity SUV: Production slated for late 2024. -Midsize Model: Scheduled for late 2026, priced around $48,000. Rawlinson teased the midsize model as "the big one, the one that's going to be exciting," positioning it as Lucid's gateway to mass-market success. Recent Developments: -800 vehicles spotted at Casa Grande factory. -New leasing incentive: $7,500 Air Credit, plus existing $4,000 bonus on inventory vehicles. As Lucid prepares to release its Q2 financial results on August 5, all eyes are on potential company production guidance updates. With ambitious plans and growing inventory, Lucid is a formidable challenger in the evolving EV market. #automotivenews #automotivemanufacturing #automotiveengineering #electricvehicles #lucidmotors #manufacturingengineering

I'm genuinely hyped by the new Rivian R3 – it's a standout in every aspect. But what's really got me going is the wave of positive reactions online. The love, excitement, and awe it's generating are testaments to its solid design and engineering. A few things that stand out to me: ✅ The proportions couldn’t be more perfect. ✅ Its form language is minimalistic, yet speaks volumes in its simplicity. ✅ Lancia Delta Integrale, is that you? It’s a nod to the classic hot hatch body type, reinterpreted in a modern context - who doesn't love that? This vehicle isn't just a win for now; I’m hoping Rivian establishes itself as a long-term success story in the electric vehicle market. This could well signal a shift back to minimal styling in cars in general, and a bold move towards OEMs developing distinct, coherent design languages. Combine this with the revival of vibrant car fairs, and we're looking at a golden era for car enthusiasts and designers alike. 😌 Have a great day! #Rivian #CarDesign #AutomotiveFuture

Can investing in scale model cars be beneficial in 2024? Scale model cars, for me, are more than just scaled-down replicas of original cars. They are a thing of passion. And collecting them is a hobby that very few people know about. Every model is authentic, wherein the maker tries to capture every detail and the essence of the original car in the scale model. I believe people who collect them are intensely passionate about automobiles. Owning a scale model car gives us a sense of owning the actual car. Take the example of Jacob & Co.'s Bugatti watch, which was priced ₹3 crore but now costs 4 crore, all thanks to the passion of car enthusiasts worldwide. Since I was 4 years old, the prices of scale model cars have increased by 8–10 times. The prices of scale model cars will continue to increase as most high-quality models are handcrafted, and very few artisans in the world have the skill of model making. Would you invest in a scale-model car? #ScaleModel #ScaledDownReplicas

The now-confirmed smaller Lucid SUV will be called 'Earth,' trademark suggests: Filed under: Green,Crossover,SUV,Electric,Luxury,Lucid Continue reading The now-confirmed smaller Lucid SUV will be called 'Earth,' trademark suggests The now-confirmed smaller Lucid SUV will be called 'Earth,' trademark suggests originally appeared on Autoblog on Fri, 10 May 2024 11:00:00 EDT. Please see our terms for use of feeds. Permalink |  Email this |  Comments #car #cars #awesome

Day 2 of FT Live #FutureOfTheCar is in full flow and there's been some incredible insight and amazing dialogue with leaders from Bugatti Rimac, Ayvens, BYD EUROPE, Lucid Motors, Volkswagen Group and many more. This has been a brilliant immersion back into #Automotive for me, although interestingly most OEMs & retailers seem to be experiencing the same challenges as were looming when I last worked in the industry. EV tech is moving on, targets and ambitions haven't changed (too much), but the strategic direction of travel, customer expectations and competition in the UK and Europe is certainly different. #motoring #FTCar #technology #motoring #cars #coxautomotive

🤔❣🔹🔷🔵💙🔵🔷🔹❣🤔 The #UniedStates was once dominated by traditional #luxurycar brands like Ford Motor Company's Lincoln and General Motors's Cadillac... Lincoln has moved away from its EV ambitions, reversing plans with parent company Ford to introduce large three-row #SUV(s) to rival the Escalade IQ and potential Chevy or GMC models... Cadillac is preparing a robust EV lineup that will feature the 2025 Optiq compact CUV from #China, the existing 2024 Lyriq, the forthcoming 2026 Vistiq that accommodates three rows, and the flagship models Escalade IQ and Celestiq... It seems increasingly unlikely for Lincoln to reintroduce the Continental as a zero-emissions flagship passenger car at this time... While Cadillac might easily integrate Ultium technology into a large sedan if they expand on the Celestiq to create a standard four-door... NOTE: FMC has been following a strategy of incorporating traditional #ICE, #Hybrid, and #ElectricVechicle (#EV) powertrain platforms into its vehicles, with the realization that the customers of autos should have a whole suite of options, so those potential customers can decide what suits them best. Although the Lincoln Continental may not be reintroduced as a zero-emission vehicle (but there is no reason to rule that out), it could reappear with an ICE powertrain, and most likely with an option for a hybrid powertrain, as Ford has been in the process of giving that option for many of its new offerings...

BMW Launches Production of Fourth-Generation 1 Series at Leipzig Plant According to the BMW Group on July 1, the new fourth-generation BMW 1 Series (chassis code F70) has officially started production at the Leipzig plant in Germany and will be launched overseas on October 5. The Leipzig plant is the exclusive production site of the car, with an average daily output of 1,300 units. The new BMW 1 Series marks a new chapter in the BMW brand's nearly 20-year success story in the compact car market. The first new car to roll off the assembly line was a snow mountain white BMW 120 ordered by a German customer. Since 2007, the Leipzig plant has produced more than 1.3 million BMW 1 Series and has upgraded its system, increasing its annual output from 250,000 to 350,000. BMW expects that by the end of this year, the Leipzig plant will have about 7,000 employees. The new BMW 1 Series offers a variety of paint options, and for the first time, contrasting paint is optional, using a new overspray-free process to improve resource utilization efficiency. The head of the Leipzig plant said that the new BMW 1 Series will continue to maintain the high capacity utilization of the plant and provide high-quality products to customers around the world. #BMW #BMW1Series #AutomotiveIndustry #CarLaunch #NewBMW #LuxuryCars #LeipzigFactory #GermanEngineering #AutomobileManufacturing #CarProduction #CompactCars #Innovation #BMWGroup #AutomotiveNews #Sustainability #CarEnthusiast #NewCarRelease #LuxuryVehicles #GermanCars #AutomotiveTrends #ElectricVehicles #MINICountryman #TechInnovation

The successor to the legendary Mercedes G-Class is here, and it's electric. The German automaker will unveil its highly anticipated electric SUV on April 24 at the Beijing Auto Show. According to Autocar, the new electric G-Class will be called the G580 with EQ technology. Mercedes G-Class brand director Emmerich Schiller hinted that it will have different models with different performance levels, including an AMG flagship. A Luxury Workhorse That’s Not Afraid Of Any Terrain Mercedes first revealed the EQG concept at the Munich Motor Show in September 2021 and showed it again at CES 2024 in January 2024. Even before its launch, CEO Ola Källenius personally tested the capabilities of the electric G-Class in extreme weather conditions near the Arctic Circle. Since 1979, the Mercedes G-Class has been one of the original off-roaders. Emmerich Schiller said the company didn’t want to make any compromises with the electric powertrain. “It was decided from the outset that the electric G-Class should be at least as good as the combustion-engined model, both on and off the road,” Schiller explained. Like its predecessors, the electric G-Class is designed to conquer the iconic Schöckl. Before going into production, the electric car will make 300 round trips on a 5.5-kilometer route to ensure it is truly ready. That’s also why it got a four-motor system, which Rivian also uses. Their goal is to give the electric car an “unrivaled combination” of off-road performance, including tank-turn capability, with the luxury and on-road refinement that customers expect from this class. The battery is also sealed to allow for wading in deep water. With an additional layer of carbon fiber reinforced polymer composite, the case is “designed to always protect the battery.” To read more tap the link 🔗 [https://lnkd.in/eG-D7Xyr] or visit our bio. #MercedesEQG #ElectricGClass #GClassElectric #EV #ElectricSUV #LuxurySUV #OffRoadElectric #ComingSoon #MercedesBenz #ElectricVehicles #Innovation #LuxuryCars #CarGram #AutoNews #FutureOfCars

Electric cars are the future, and each year we've seen automakers add more EVs to their lineups. Everyone is working on electric vehicles, from well-established existing manufacturers to new names such as Lucid, Canoo, and Rivian... We've compiled a list of every electric vehicle, from concept to production, that isn't available yet but will be soon! 👇 1) Acura ZDX (Expected: Early 2024) 2) Alfa Romeo Giulia EV (Expected: 2025) 3) Audi A6 e-tron (Expected: 2024) 4) Audi Q6 e-tron (Expected: 2024) 5) Five Bentley Models (Expected: 2025) 6) BMW i5 M (Expected: 2026) 7) Buick Electra (Expected: 2024) 8) Cadillac Celestiq (Expected: Early 2024) 9) Cadillac Escalade iQ (Expected: Summer 2024) 10) Cadillac Vistiq (Expected: Early 2025) 11) Cadillac Optiq (Expected: Late 2024) 12) Canoo Pickup Truck (Expected: 2024) #autofasteners #fasteners #automotive #betterconnected #ev