But the automaker is also focusing on improving the efficiency of its cars. It doesn’t believe in increasing battery sizes to increase range, ergo, remove range anxiety. Lucid wants smaller battery packs that provide more range because they’re efficient. Smaller battery packs mean lower prices, plus all the benefits of having a lighter vehicle.
Lucid’s goal is to achieve an efficiency of 6 miles per kWh, currently at 4.6. If achieved, Rawlinson envisions that EVs can be priced at $25,000 without compromising range – and his company’s pulling out all the stops to reach this goal.
“What the world needs, of course, is the $25,000 electric car. I think that can come as a consequence of the technology we’re developing today. And we’re doing that with a sense of utmost urgency,” Rawlinson told the publication.
