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2 Electric Vehicles Lucid Doesn't Make -- and Shouldn't
LCIDLucid (LCID) The Motley Fool·2024-11-26 13:15

Lucid may drive a different path with EVs than its rivals -- can it work?Sometimes, when you zig and everyone else zags, you come out ahead in a big way. That's similar to what Lucid Group (LCID 3.33%) seems to be doing with its product pipeline strategy. At a time when most automakers are engaged in a race to the bottom -- offering affordable electric vehicle (EV) around $20,000 to $25,000 -- Lucid doesn't want much to do with that market.In fact, two historically important types of vehicles won't be found ...