Lucid Motors CEO say it aims to launch Tesla Model 3 rival in 2024 or 2025

Reuters2021-02-24

SAN FRANCISCO, Feb 23 (Reuters) - Lucid Motors Chief Executive Officer Peter Rawlinson told Reuters on Tuesday that the luxury electric car maker plans to launch a rival to Tesla Inc's Model 3 in 2024 or 2025.

He also said it is early to make their own battery cells for now, adding that it has contracts with suppliers LG Chem

and Samsung SDI .

The former Tesla engineer also said six automakers have reached out to him over the past month and expressed interest in its technology and potential cooperation.

(Reporting by Hyunjoo Jin and Peter Henderson in San Francisco and Joshua Franklin in Miami; editing by Jonathan Oatis)

((hyunjoo.jin@thomsonreuters.com; 82-2-3704-5685; Reuters Messaging: hyunjoo.jin.thomsonreuters.com@reuters.net))

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Comments

VileHero
2021-02-28
VileHero
Heading where the money is!
Ivyn
2021-02-24
Ivyn
Wow
JaydenSee
2021-02-24
JaydenSee
Good news

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