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Electric Competitor Sedans

The Lucid Motors 'Air' Luxury Electric Vehicle Was at the LA Auto Show

— December 15, 2016 — Autos
Tesla has captured the attention of consumers and industry professionals for some time when it comes to luxury electric vehicles, but the Lucid Motors 'Air' aims to dethrone the brand with a new design. Unveiled at the LA Auto Show, the Lucid Motors 'Air' is a completely electric vehicle that aims to not only be a competitor for Tesla, but also gas-powered manufacturers including Mercedes, BMW and even Toyota.

The Lucid Motors 'Air' is a sleek vehicle that's capable of producing up to 1,000HP and going from 0 to 60mph in just 2.5-seconds. A single charge of the battery pack within the luxury electric vehicle will provide up to 400-miles of driving range to keep drivers going further than ever.
Trend Themes
1. Luxury Electric Vehicles - As competition for Tesla grows, luxury electric vehicles like Lucid Motors 'Air' aim to attract wealthy consumers looking for sustainable and innovative car designs.
2. Increased Driving Range - The development of electric vehicles with driving ranges like the 400-miles in the Lucid Motors 'Air' opens up new possibilities for long distance travel and long-term convenience, creating disruptive innovation opportunities for industries like transportation and tourism.
3. Electric Vehicle Performance - Electric vehicles with high performance capabilities, like the Lucid Motors 'Air' with 1,000HP and 0 to 60mph in 2.5 seconds, create opportunities for innovation and disruption in industries like sports cars and racing, as well as electric components and technology.
Industry Implications
1. Automotive - As electric and hybrid vehicles gain popularity and competition grows, companies in the automotive industry should strive to innovative and incorporate sustainable technology in their designs.
2. Energy - The development of more efficient and powerful batteries for electric vehicles has great disruptive innovation potential for the energy industry, including renewable sources like wind and solar power.
3. Luxury Goods - As electric vehicles become more popular among luxury consumers, industries that offer high-end products and services like travel, hospitality, and fashion can benefit by incorporating sustainable and innovative designs in their products as well.
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