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Lucid Gravity 🚀🚀

Lucid Gravity 🚀🚀

November 17, 2022

Lucid

Happy Thursday. We have news on Lucid, EV Prices Dropping, Autonomous Golf Carts, a $50 Giveaway (your odds are looking great), and more.

We’ll be at the LA Auto Show this week to soak up all the new EVs. We’ll be providing some great material on the show coming up.

Thank you for reading, and make sure to share this newsletter with the link below. It helps us to grow our audience and provide a better newsletter.

What do you know?

How much did EV prices drop from September to October of this year?

0%
1.7%
2.3%
They didn’t drop, they increased by 0.7%

EV Headlines

Gravity Dreams

Lucid finally revealed its SUV, the Gravity, this week. All of the specifics have not been announced yet, but we did get some amazing photos that show a “Glass Cockpit'' like no other. The SUV will have three rows and will come in five, six, or seven-seat configurations. Reservations are expected to open next year. Lucid is also expected to start delivering its mid-level sedan, the Air Touring, and the even less expensive Air Pure this year. Momentum?

In other EV News

Here is the top 5 list of the biggest electric vehicle companies by market cap:

Tesla, Inc. / Market Capitalization: $609.66 billion
General Motors Company / Market Capitalization: $58.40 billion
Ford Motor Company / Market Capitalization: $58.30 billion
Rivian Automotive, Inc. / Market Capitalization: $30.83 billion
Lucid Group, Inc. / Market Capitalization: $21.69 billion

Porsche has revealed some specs on its first electric SUV - the 2024 Macan. The Macan will be able to charge from 5% to 80% in less than 25 minutes, has 603 hp and 738 lb.-ft of torque, and the PPE platform will be able to handle rear and all-wheel drive systems.
BMW’s electric vehicle lineup will feature more affordable models, according to BMW’s CEO.
BYD leads Chinese EV companies with the number of patents filed for EV technology.
Indonesia Battery Corporation plans to produce 50,000 battery packs for motorcycles as the company aims to reduce emissions.
Kempower Oyj, a Finnish charger producer, is aiming to sell in the United States to take part in President Joe Biden’s $7.5 million pledge to tackle absences within the EV charging industry.

Need Help Hiring?

EV of the Week

Swedish

2024 Volvo EX90: InsideEVs First Look Debut

My first car was an Audi and my second car was a boxy 92’ Volvo 240D. That thing was awesome with a blue cloth interior, turbo wheels, and my sister's sorority sticker on the back. A tree ended up on top one night after a storm, but she still ran. My wife needs an electric SUV. With my love for Volvo and her need for more room and safety, the Volvo EX90 checks those boxes and that’s why it’s the EV of the Week.

Expected Starting Price of less than $80,000
AWD
Built in Charleston, SC
7 Seats
402 horsepower
568 lb-ft of torque
0-60 mph in 4.7 seconds
111 kWh battery
300 miles of Range

-John @ Mobility EVo

AV Corner

Self-Driving Golf Cart

Carteav wants to create autonomous golf carts to operate around hotels, campuses, airports, and hospitals. Instead of operating on highways, Carteav sees an opportunity for autonomous applications in a low-speed setting. Makes sense and seems safer.

In other AV News

Waymo has created a new metric for their autonomous taxis to monitor and navigate bad weather with ease.
Einride’s first cabinless truck was tested on a public road for the first time in Tennessee. The vehicle will only be used for deliveries.
Waymo will now charge passengers for autonomous rides on public roads. This milestone paves the way for Waymo One to be tested amongst the public. Right now, Waymo One is only tested with employees and “Trusted Testers.”
Vanderbilt University, Tennessee DOT, Nissan, Toyota, and GM will undergo the world’s largest autonomous vehicle test in Nashville, Tennessee. The test will begin next week on a highway section near Nashville.

Videos

Top Speed

Kodiak self-driving truck vs. tire blowout

Self-Driving Race: Tesla Full Self-Driving vs GM Cruise

EV Merch

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EV Hat (White Logo)

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Giveaway

Inflation is high and the holidays are coming up, so we thought we would try to help. This month we’re giving away a $50 Amex Card. All you have to do is:

Subscribe to our YouTube Channel
Leave a comment on a video posted between 11/3 and 12/01.
Sit back and wait for the announcement in our newsletter on 12/01.

Good luck!

Answer

Amidst inflation, electric vehicle prices in October were more affordable for customers than months prior. Prices dropped by 2.3%, or $2,286 in October compared to September. This is also the second month EV prices have fallen.

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Mobility EVo is a sister brand of EPG, a company that focuses on helping electric and autonomous vehicle clients hire the best people through superior industry and product-specific staffing expertise.