Tesla rival Lucid unveils two-seat robotaxi | Business

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Tesla rival Lucid unveils two-seat robotaxi – Business News

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Lucid unveiled a two-seater robotaxi idea with out steering wheel and pedals, and launched new self-driving tech subscriptions, because the electric-vehicle maker laid out its roadmap for the applied sciences at an investor day occasion on Thursday.

The unveiling deepens Lucid’s push into totally autonomous autos, probably placing it in direct competitors with Tesla’s Cybercab as automakers race to construct a driverless future.

The Elon Musk-led company final month stated its first Cybercab had formally rolled off the manufacturing line at its Gigafactory in Texas.

Lucid unveiled a two-seater robotaxi idea with out steering wheel and pedals. REUTERS

Tesla expects to start mass manufacturing of Cybercab in April.

Lucid stated its two-seater robotaxi may have 40% decrease working price and would have an effectivity determine of round 5.5 miles per kilowatt hour.

The company didn’t present more particulars on timeline or pricing.

The company is taking a dual-pronged strategy, partnering with different corporations for robotaxis, whereas promoting EVs with related self-driving capabilities.

The company has additionally partnered with Uber and Nuro to commercialize a robotaxi based mostly on its Gravity SUVs this 12 months.

Lucid, identified for its luxurious Air sedans, can also be racing to launch a more inexpensive mid-size EV platform to broaden its buyer base.

Lucid stated its two-seater robotaxi may have 40% decrease working price and would have an effectivity determine of round 5.5 miles per kilowatt hour. Marc Winterhoff, interim CEO, proper, with Uber President Andrew Macdonald. REUTERS

Monthly subscription begins at $69

Lucid’s month-to-month subscription for its self-driving technology can be priced between $69 and $199 relying on the extent of autonomous driving functionality a buyer chooses, the EV maker stated.

Bigger rivals Rivian and Tesla have additionally shifted to subscription-based systems in current months, reflecting automakers’ growing give attention to diversifying their companies to software program and recurring income streams.

Last month, Tesla shifted to a subscription plan for Full Self-Driving at $99, with its vehicle homeowners no longer with the ability to buy the characteristic as a one-time, everlasting option.

The unveiling deepens Lucid’s push into totally autonomous autos, probably placing it in direct competitors with Tesla’s Cybercab as automakers race to construct a driverless future. REUTERS

Lucid additionally stated it might launch a month-to-month subscription for its self-driving technology for its EVs. REUTERS

Musk has since stated the $99 month-to-month price will rise “as FSD’s capabilities improve.”

Rivian launched its in-house driver help system, Autonomy+, at $49.99 per thirty days or $2,500 as a one-time buy, undercutting Tesla’s pricing.

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