Future Mass-Market EVs Only Need 250 Miles Of Range: Lucid CEO

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Peter Rawlinson said Lucid won't build a $25,000 EV, but it could supply some of the necessary technology to make it happen.

's technology can help the mass-market EV industry to bring prices down. The correlation between high efficiency and small battery packs is key to accomplishing that, he stressed, noting that the driving range will become less relevant in 10 years.

Rawlinson added that if an efficiency figure of six miles per kilowatt-hour can be achieved and the average buyer would only need 150 miles of range, that means future EVs could have 25-kilowatt-hour battery packs. That would obviously help drive down production costs and EV prices."That's a $4,000 pack particularly with a bit of industrializing scale and battery manufacture.

"Now is Lucid going to make that? [the $25,000 car] No. It's a horrible thing to be making. But could we be the 'Intel Inside' for that car? The enabler? Absolutely. And that's where we could get the multiplier effect."

 

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