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EV maker Lucid's luxury sedan gets 520-mile driving range rating

Reuters2021-09-16

Sept 16 (Reuters) - Lucid Group Inc's Air Dream Edition Range luxury sedan has received U.S. government certification for a range of 520 miles, the electric vehicle maker said on Thursday.

The sedan was the longest-range EV rated by the U.S. Environmental Protection Agency $(EPA.AU)$, the company said. Rival Tesla's Model S Long Range has an EPA estimated range of 405 miles.

EV manufacturers are pushing to extend the driving range of their vehicles in a bid to better compete with gasoline-fueled ones. However, as consumers rapidly transition to EVs, charging infrastructure still remains a concern.

The Biden administration's infrastructure bill includes $7.5 billion for electric vehicle charging stations.

Lucid made its debut on the Nasdaq in July after completing its merger with a blank-check company backed by Wall Street dealmaker Michael Klein in a deal that valued the combined company at $24 billion.

The EV maker in August said it would begin deliveries of fully reserved 'Air Dream Edition Range' cars later this year.

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  • tucktan78
    ·2021-09-16
    Good
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    ·2021-09-16
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    ·2021-09-16
    Ij
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      ??
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      Hs
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  • Mythology
    ·2021-09-16
    Jiayou 
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      Wow
      2021-09-17
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