Lucid is exploring selling its cars in China but has no timeline for when it will enter the world's largest electric car market, a top executive told CNBC.
The comments come after Lucid hired Zhu Jiang, a former executive at Chinese electric car start-up Nio. Lucid also confirmed that a mid-sized car could be unveiled in 2026. And he added that the company would eventually push into the mass-market segment.is exploring selling its cars in China but has no timeline for when it will enter the world's largest electric car market, a top executive told CNBC.Nio"Every car manufacturer has to look very deeply or has already looked into China. It's the world's largest car market.
Bach said the company has quadrupled the factory space at its factory in Arizona. It is also in the process of launching an SUV called Gravity. Therefore, Bach said, there's"stress on the system" so Lucid will need to see how much it can take on right now.