If you happen to inform me proper now that California-headquartered Lucid plans to grow to be a mass-market electrical automobile producer, I’d urge skepticism. To date, Lucid’s story has been fairly the other.

The Air electrical sedan has a beginning value upwards of $80,000 earlier than tax credit and the Air Sapphire—sure that Bugatti Chiron shaming rocketship—has an MSRP of a whopping $249,000. The upcoming Gravity SUV gained’t be low-cost, both. However CEO Peter Rawlinson has indicated that Lucid’s aspirations lengthen past the 2 EVs seen to date.

Getting a brand new automotive firm up and operating is a frightening job, even in case you have some critical investor help like Lucid does. Usually, startups lean on high-profit margin luxurious EVs to make a mark earlier than diving into extra reasonably priced, mass-market vehicles to widen their attraction.

“The mid-sized [EV] goes to be overtly a Tesla competitor—Mannequin 3, Mannequin Y. That is the primary time I’ve ever stated it: we’re going to compete in that market—high-volume household automotive,” Rawlinson instructed U.Okay.-based Autocar.

He added that the subsequent mannequin line-up would slot within the $50,000 house, which is nearer to the present stock costs of the Tesla Mannequin Y. The Mannequin 3, alternatively, can promote at properly below $30,000 when federal and state-level tax credit are utilized.

One of many few issues Tesla struggled early on with the Mannequin 3 and Mannequin Y line-up was high quality blemishes. Minor match and end inconsistencies and panel gaps have been extensively reported. Lucid may be taught from Tesla’s expertise and convey tighter high quality management for its upcoming fashions to face aside proper from the get-go.

One other space it may have an higher hand is vary—the Air Grand Touring is already the longest-range EPA-certified electrical automotive within the U.S. with over 500 miles of vary. Positive, the smaller vehicles can have a smaller battery, however Lucid may financial institution on its experience as a former battery firm and goal segment-leading vary figures—everyone knows that vary generally is a dealbreaker.

That’s just about all we learn about Lucid’s future line-up to date. What do you consider Lucid’s plans? Go away your ideas within the feedback beneath.