this post was submitted on 24 Dec 2023
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Lucid’s $50,000 Tesla Challenger Under Development, CEO Suggests::Lucid CEO Peter Rawlinson said the company's next model line-up will target a mass-market family car segment.

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[–] [email protected] 53 points 11 months ago (6 children)

Exactly.

We don't need 50K "challengers" to Tesla.

We need 20K challengers that real peoole might be able to afford.

[–] [email protected] 10 points 11 months ago

Can you even buy a new ICE car for $20.000? Last time I was looking for a car a 5 year old Citroen berlingo cost around that. What can you get for 20.000? A basic Toyota yaris? Hybrid yaris costs <30k but I feel like when Americans say they want $20.000 electric car they mean electric SUV with 600km range. Yeah, that's not happening.

[–] [email protected] 4 points 11 months ago

Mass market options exist, but everyone laughs at Leafs and Bolts.

[–] [email protected] 4 points 11 months ago* (last edited 11 months ago) (1 children)

20k and look like actual cars (sedans). The bubbly, hatchback-like design of most EVs are ugly AF.

[–] [email protected] 10 points 11 months ago

Who cares?! Affordable, Safe, Enough range, Enough space, Comfy.

[–] [email protected] 4 points 11 months ago (3 children)

Not gonna happen until battery prices come wayyyy down.

Tesla is the only one that could do it but they won't. Too much demand.

[–] [email protected] 1 points 11 months ago (1 children)

There are plenty of cars coming out of China at that price point. With decent range figures too.

[–] [email protected] 1 points 10 months ago (1 children)

Because China has zero safety or intellectual property regulations.

[–] [email protected] 0 points 10 months ago (1 children)

That doesn’t stop them from existing, or being highly competitive. It’s up to western and Japanese car makers to compete rather than pretend it’s not happening.

The cars also pass NCAP/ANCAP testing with 5 stars.

[–] [email protected] 1 points 10 months ago (1 children)

That doesn’t stop them from existing

...what? Why would you even say that? Of course they "exist" but they don't have to meet any of the safety or labor regulations they do in the US.

But by all means if you want to further exploit cheap labor and drive a deathtrap, move to China.

[–] [email protected] 1 points 10 months ago (1 children)

You don't have to like them, but explain to me how it's a 'deathtrap' if it passes the same safety standards as a car produced anywhere else. A 5 star NCAP car doesn't become less safe just because it's Chinese.

6 of the top 10 safest cars tested in 2023 are from Chinese automakers.

They are producing and exporting safe and affordable electric vehicles and they're seeing great success in Europe and Oceania. Tarrifs are the only thing protecting the US auto market from similar inroads.

[–] [email protected] 1 points 10 months ago

They are producing and exporting safe and affordable electric vehicles and they're seeing great success in Europe

  1. Let's see it

  2. Add another $5-10k to that to ship them to the other side of the planet.

[–] [email protected] 1 points 11 months ago (1 children)

Not gonna happen until battery prices come wayyyy down.

One would expect increasing the number of cars sold should drive economies of scale nine manufacturing.

[–] [email protected] 1 points 10 months ago (1 children)

To an extent, yes. But at this point there's a production shortage and they can't even make enough as it is. So it would actually cost MORE money to increase supply.

[–] [email protected] 1 points 10 months ago (1 children)

Presumably increasing demand should lead to ramping up of production over time, as it has in the past for pretty much everything

[–] [email protected] 1 points 10 months ago

Yes, "over time". Now is not that time.

[–] [email protected] 0 points 11 months ago (1 children)
[–] [email protected] 1 points 10 months ago (1 children)

"working on" a car is not the same thing as selling a car...

[–] [email protected] 1 points 10 months ago* (last edited 10 months ago)

Well you said tesla is the only one that can do it,and they are not, I reckon they are the one of the companies that can't do it because they need big margins to expand

Also

17.5k pounds

https://heycar.com/uk/blog/n2022-dacia-spring-electric--price--specs-and-relea

Citroen ec3

21K pounds

https://ev-database.org/uk/car/2039/Citroen-e-C3#

Tesla is about to have a bad time

[–] [email protected] 3 points 11 months ago

Hyundai is working on it

https://www.teslarati.com/hyundai-20000-minicar-electric-vehicle-europe/amp/

I am guessing it will be more of a i10 or i20 sized car

[–] [email protected] -5 points 11 months ago (1 children)

Cheapest tesla is 50k so target price is right