![]() ![]() “Lucid’s mission is to truly mass-industrialize electric cars and electric powertrains through the development of the latest technology advanced to be can imagine,” said Peter Rawlinson, CEO and CTO of Lucid Group. If after that period, the car cannot be sold, a very profitable option for the agencies is to use them to rent them or leasing, which consists of putting the vehicle in the hands of people who cannot buy it or it is simply not their objective, in exchange for less rent from a car loan. What is done with cars that are not sold? This entire industry was abruptly terminated by the military government that unilaterally it changed the rules of the game and allowed companies to assemble only two types of vehicles per brand, and if they wanted to continue operating in the country they had to comply with current regulations. Ford, which has invested 1.2 billion dollars in the company led by RJ Scaringe, is not very happy. A movement that has caused its shares to plummet even more. What happened to Rivian?įord has sold eight million shares of Rivian for a value of 214 million dollars, according to Reuters has published. In 2021, Rivian received more than 83,000 official reservations for one of its two models (R1T and R1S), of which it only manufactured 1,015 units in total and made 920 deliveries. In April 2022, it confirmed that it would arrive in Europe and now it has become a reality. It will initially arrive in Germany, Holland, Switzerland and Norway Its production began in September 2021 and the first deliveries took place on October 30 of that same year in the US market. Lucid Motors, an electric car maker that has long been working to eat the industry’s toast from the ubiquitous Tesla, will start selling its products in Europe this 2022, as it became known in the middle of last December, just one year after they began to market the … When does the Lucid Air come out? Who makes lucid electric cars? – Related Questions Who is Tesla’s direct competition? How much does the Rivian cost in Mexico?.How many companies does Elon Musk have?.How much does it cost to charge a Tesla battery?.Where do the cars that are not sold go?.What is done with cars that are not sold?.Who makes lucid electric cars? – Related Questions.
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