Lucid Motors
efficiency drives multiple advantages we believe efficiency is the single most relevant metric of an company technological prowess lucid air grand touring has an efficiency of miles while there a very strong focus on battery costs in the industry understandably given it is a large component of cost of goods sold in an efficiency miles enables us to deliver industry leading range today and in the future competitive range using a smaller battery pack this means we need cells per vehicle to get the same range which we believe is a key cost mile and commercial advantage for lucid efficiency enables more than just lower manufacturing costs in our view it also results in a fundamentally superior product lower raw material usage per vehicle lower total cost of ownership for customers improved environmental impact through lower energy consumption per mile efficiency the ultimate measure of technology today market focus lucid focus miles unprecedented | Lucid Motors
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August 2023
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27 of 29
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