Lucid CEO: Will Launch Model 3 Competitor.

On February 23, 2021, local time in the United States, Lucid Motors CEO Peter Rawlinson was interviewed by Reuters in San Francisco. He stated that Lucid’s compact car will hit the market in 2024 or 2025.

Rawlinson said that he is eager to accelerate the production of the Model 3 competitor, but the smaller size of the car requires more capital support as production requires larger factories and more production lines.

🔗 Information Source: Reuters

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