While auto retailing is projected to shift toward electric vehicles by the end of the decade, that future is now for California dealers trying to keep up with demand for electric vehicles, both new and used. A critical step for Del Grande Dealer Group in Northern California is speaking the same language as its customers
Lucid Motors is promising “supercar levels of performance” from the Gravity crossover when it launches in 2024 as the electric vehicle startup’s second offering, following the Air sedan last year. The EV maker will open up reservations for the Gravity early next year, offering it in configurations with five, six or seven seats with two
NEWARK, Calif. — The entry-level version of Lucid Motors’ Air sedan — the Air Pure — will come with 410 miles of range and a sticker that better competes with rival EVs from Tesla and Mercedes-Benz. The launch edition of the Air Pure will feature two electric motors and all-wheel drive, with 480 horsepower to
Demand remains strong for Rivian Automotive Inc.‘s R1T pickup and R1S SUV, CEO RJ Scaringe said after the automaker posted a $1.7 billion third-quarter net loss and pushed back the launch of a smaller R2 platform to 2026. “We continue to see strong demand for our product,” Scaringe said on the company’s earnings call Wednesday.
Tesla Inc. posted record sales numbers in the third quarter, but analysts are expressing doubts about the EV leader’s ability to power through an economic slowdown — despite CEO Elon Musk’s assurance that the company is “certainly recession-resilient.” As of market close Thursday, Oct. 20, the high-flying stock is down 48 percent so far this
Lucid Motors has only one model on sale, the Air sedan in its top trims, but it has plans for a more balanced lineup with a high-end SUV and more mainstream vehicles to better take on EV leader Tesla and legacy luxury brands quickly shifting to EVs. Lucid plans to deliver the first base version
Rivian Automotive, which has only been making vehicles since last year, already has three models on the road — the electric R1T pickup that beat bigger automakers to the new segment, the electric R1S SUV launched in the summer after delays and the Electric Delivery Van, or EDV, being built for Amazon in three sizes.
Tesla Inc. has achieved remarkable growth in recent years with just four vehicles in its lineup: the Model S midsize sedan, Model X midsize crossover, Model 3 compact sedan and Model Y compact crossover. Combined, those four nameplates now dominate the U.S. luxury car segment and top the EV charts. Tesla is the second-best-selling brand
NEWARK, Calif. — Lucid Motors is moving upmarket with the $249,000 Sapphire edition of its Air sedan, leveraging its in-house technology to take on Tesla and legacy rivals such as Mercedes-Benz and BMW at the high end. Electric vehicle maker Lucid launched last year with the limited-run Air Dream Edition at $169,000, excluding shipping, and
NEWARK, Calif. — Lucid Motors is moving upmarket with the $249,000 Sapphire edition of its Air sedan, leveraging its in-house technology to take on Tesla and legacy rivals such as Mercedes-Benz and BMW at the high end. Electric vehicle maker Lucid launched last year with the limited-run Air Dream Edition at $169,000, excluding shipping, and
