This is a Saudi Arabia’s news story, published by Yahoo Finance, that relates primarily to Peter Rawlinson news.
For more Saudi Arabia’s news, you can click here:
more Saudi Arabia’s newsFor more Peter Rawlinson news, you can click here:
more Peter Rawlinson newsFor more automotive and transportation news, you can click here:
more automotive and transportation newsFor more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best tech news, business news, entertainment news, and much more. If you like automotive and transportation news, you might also like this article about
EV maker Lucid Motors. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest drive unit costs news, cost efficiencies news, automotive and transportation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
electric carsYahoo Finance
•76% Informative
Lucid Motors CEO Peter Rawlinson said the company delivered 6,001 vehicles in the first quarter of 2023 .
The full-size Gravity SUV is still on track for a late 2024 release, he said.
Lucid 's drive unit cost $ 1,911 to manufacture, cheaper than two of the three competitors it was baselined against.
The company also revealed a glimpse of its upcoming midsize SUV, powered by the just-revealed Atlas drive unit.
That’s fine with Rawlinson . Lucid is a long-term bet, he said, and one that Saudi Arabia’s PIF sovereign wealth fund is deeply committed too. “My view is [Lucid] is a long-term play; it's like Tesla , it's like Amazon . We've got a long-term strategy.”.
VR Score
71
Informative language
67
Neutral language
65
Article tone
semi-formal
Language
English
Language complexity
48
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
2
Affiliate links
no affiliate links