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Here's How Lucid Motors Will Neutralize Tesla's Supercharger Advantage
The Motley Fool ^ | September 27, 2018 | John Rosevear

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.


TOPICS: Business/Economy; Travel
KEYWORDS: dnctalkingpoint; dnctalkingpoints; electrifyamerica; elonmusk; energy; europeanunion; falcon9; falconheavy; germany; hydrocarbons; johnrosevear; lucidmotors; maga; mediawingofthednc; motleyfool; nonplayercharacter; nonplayercharacters; npc; npcs; opec; partisanmediashills; pipelessdream; presstitutes; saudiarabia; smearmachine; spacex; supercharger; tesla; volkswagen
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To: FreedomPoster

If you look at test results you will see that tesla 70-90 is more fun than a Camaro SS.


41 posted on 03/03/2019 7:44:52 PM PST by TexasGator (Z1z)
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To: A strike

I did buy a battery powered mower, weed-wicker, chainsaw, hedge trimmer, drill, blower, pole saw ...


42 posted on 03/03/2019 7:48:17 PM PST by TexasGator (Z1z)
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To: willk

So you think because the exhaust is spewed someplace else you’re not responsible for it?


43 posted on 03/03/2019 7:51:45 PM PST by E. Pluribus Unum (Capitalism produces EVERYTHING Socialists/Communists/Democratic-Socialists wish to "redistribute.")
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To: TexasGator

” 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?


44 posted on 03/03/2019 7:54:57 PM PST by A strike (I DEMAND my responsibilities!)
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To: UNGN

Siding with the people who buy your product over regulators with double digit IQs doesn’t normally qualify as stupid.


45 posted on 03/03/2019 8:01:42 PM PST by Still Thinking (Freedom is NOT a loophole!)
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To: 2ndDivisionVet

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.


46 posted on 03/03/2019 8:02:00 PM PST by Deplorable American1776 (Proud to be a DeplorableAmerican with a Deplorable Family...even the dog is, too. :-))
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To: A strike

“How many minutes did that get you?”

I don’t understand your question.


47 posted on 03/03/2019 8:06:29 PM PST by TexasGator (Z1z)
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To: Deplorable American1776

The Tesla X. Let me know when you pick it up.


48 posted on 03/03/2019 8:15:16 PM PST by TexasGator (Z1z)
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To: TexasGator

How Many Minutes Power?


49 posted on 03/03/2019 8:48:31 PM PST by A strike (I DEMAND my responsibilities!)
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To: A strike

All of them together or which one


50 posted on 03/03/2019 9:33:27 PM PST by TexasGator (Z1z)
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To: A strike

My mower came with 2 80v batteries. One does my lawn.


51 posted on 03/03/2019 9:35:52 PM PST by TexasGator (Z1z)
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To: TexasGator

Skip it.
As you said, “I don’t understand “


52 posted on 03/03/2019 10:15:43 PM PST by A strike (I DEMAND my responsibilities!)
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To: A strike

Do you always excerpt others posts? Like MSNBC?


53 posted on 03/03/2019 10:22:05 PM PST by TexasGator (Z1z)
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To: RetiredTexasVet

Speaking of “E-Cat” — whatever became of Rossi and his always-about-to-go-commercial” boondogle/scam?


54 posted on 03/03/2019 11:21:18 PM PST by TXnMA (Remember the Alamo! | Remember Goliad! | REPEAT San Jacinto!!)
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To: null and void

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 ...


55 posted on 03/04/2019 1:32:23 AM PST by PIF (They came for me and mine ... now it is your turn ...)
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To: TexasGator; BraveMan

Shouldn’t you be over on the Waco threads, eating crow?


56 posted on 03/04/2019 3:07:07 AM PST by Salamander (Death makes angels of us all, and give us wings where we once had shoulders, smooth as ravens' claws)
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To: PIF

I used to be that guy. I got over it.


57 posted on 03/04/2019 3:39:12 AM PST by null and void (If socialism is so grand, why are Guatemalans coming here instead of going to Venezuela?)
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To: Salamander; TexasGator

Out of your element, TG. Back to the swamp wit'cha!
58 posted on 03/04/2019 3:45:02 AM PST by BraveMan
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To: BraveMan

OMG could I ever use *that* right about now!

:D


59 posted on 03/04/2019 3:47:02 AM PST by Salamander (Death makes angels of us all, and give us wings where we once had shoulders, smooth as ravens' claws)
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To: BraveMan

OMG could I ever use *that* right about now!

:D


60 posted on 03/04/2019 3:47:02 AM PST by Salamander (Death makes angels of us all, and give us wings where we once had shoulders, smooth as ravens' claws)
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