Lucid Motors CEO say it aims to launch Tesla Model 3 rival in 2024 or 2025

Reuters | San Francisco | Updated: 24-02-2021 02:49 IST | Created: 24-02-2021 02:47 IST
Lucid Motors CEO say it aims to launch Tesla Model 3 rival in 2024 or 2025
Representative Image Image Credit: Flickr

Lucid Motors Chief Executive Officer Peter Rawlinson told Reuters on Tuesday that the luxury electric car maker plans to launch a rival to Tesla Inc's Model 3 in 2024 or 2025.

He also said it is early to make their own battery cells for now, adding that it has contracts with suppliers LG Chem and Samsung SDI.

The former Tesla engineer also said six automakers have reached out to him over the past month and expressed interest in its technology and potential cooperation.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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