TEN 280 - LUCID AIR RANGE, TESLA’S STOCK OFFERING, RIVIAN PRICE DROP

EV Channels Review

This episode of TEN 280 covers a range of significant EV news. A key highlight is the Lucid Air, with its CEO hinting at an EPA-estimated range of 400 miles, achieved through higher operating voltage, improved aerodynamics, and drivetrain efficiency. This positions the Air as a potential true competitor to Tesla. Tesla itself is capitalizing on a strong stock performance with a $2 billion stock offering. The show also touches on the Nikola Badger pickup's dual-range capabilities, Mercedes-Benz's upcoming EQA, and Jaguar's production halt of the I-Pace due to battery cell shortages. Rivian is expected to significantly cut prices for its R1T and R1S models, potentially by $20,000. Other news includes the Ford Mustang Mach-E's simultaneous US and European launch, Tesla's remote disabling of Supercharging for salvaged vehicles, Nissan's financial losses, BP's net-zero emission goal, and the first electric fire truck order by the LAFD. The episode concludes with a discussion on proposed cuts to EV tax credits and loan programs, the confirmation that EVs outsold manual transmissions in the US in 2019, and the naming of Skoda's first all-electric SUV as the Enyaq.