Posted on 03/03/2019 5:13:53 PM PST by 2ndDivisionVet
Lucid Motors, a Silicon Valley start-up that is gearing up to launch an advanced electric luxury car, said that it has struck a preliminary deal with Electrify America to provide its future customers with a nationwide recharging plan.
This is an important deal. Tesla's (NASDAQ:TSLA) Supercharger network has given it a big advantage in winning buyers away from internal-combustion alternatives. Any company looking to challenge Tesla will be at a disadvantage unless it can also provide its buyers with assurance that they'll be able to access high-speed chargers on road trips.
Lucid isn't yet public, but it just won a $1 billion investment from Saudi Arabia's sovereign wealth fund, enough to get its first vehicle into production. That investment put Lucid on a lot of investors' radar screens. If you're one of those investors, here's what you need to know about this deal.
Who is behind Electrify America?
Remember back in 2016, when Volkswagen (NASDAQOTH:VWAGY) agreed to a $15.3 billion settlement of a slew of civil claims related to its diesel-emissions cheating scandal? As part of that settlement, VW agreed to invest $2 billion over 10 years in zero-emissions vehicle (ZEV) infrastructure, access, and awareness initiatives in the U.S. Importantly, VW agreed that those investments would be brand-neutral -- not keyed to its own products -- in an effort to support wider adoption of ZEVs generally.
If you look at test results you will see that tesla 70-90 is more fun than a Camaro SS.
I did buy a battery powered mower, weed-wicker, chainsaw, hedge trimmer, drill, blower, pole saw ...
So you think because the exhaust is spewed someplace else you’re not responsible for it?
” I did buy a battery powered mower, weed-wicker, chainsaw, hedge trimmer, drill, blower, pole saw ...”
(I was gonna say: some people can’t learn, but instead) How many minutes did that get you?
Siding with the people who buy your product over regulators with double digit IQs doesn’t normally qualify as stupid.
As I said before if an EV company came out with a pick up/ SUV that tows a 24’ boat or a travel trailer and carries 7 passengers, I’d buy it.
“How many minutes did that get you?”
I don’t understand your question.
The Tesla X. Let me know when you pick it up.
How Many Minutes Power?
All of them together or which one
My mower came with 2 80v batteries. One does my lawn.
Skip it.
As you said, “I don’t understand “
Do you always excerpt others posts? Like MSNBC?
Speaking of “E-Cat” — whatever became of Rossi and his always-about-to-go-commercial” boondogle/scam?
He who gets there first wins ... I usually wish something solid appearing suddenly in front of those idiots whose antic driving cause slow downs and traffic jams as other drivers apply brakes in a chain reaction.
Those tactics worked well here in Wisconsin this winter - only one guy died in the resulting 130 car pile up ...
Shouldn’t you be over on the Waco threads, eating crow?
I used to be that guy. I got over it.
OMG could I ever use *that* right about now!
:D
OMG could I ever use *that* right about now!
:D
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