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Lucid Motors drops the price of its cheapest EV by more than $8,000 (www.yahoo.com)

submitted 6 months ago by [email protected] to c/[email protected]

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Lucid Motors drops the price of its cheapest EV by more than $8,000::Lucid Motors is lopping thousands of dollars off the price of its most affordable electric sedans as it looks to boost demand after a disappointing year of sales. The rear-wheel drive version of the base model Lucid Air Pure will now start a $69,900, down from the previous price of $77,400. The more powerful Lucid Air Touring model -- which offers all-wheel drive performance and roughly 50% more horsepower -- will now start at $77,900, down from $85,900.

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[–] [email protected] 2 points 6 months ago

If companies could get away with making a car as unsafe as the model T

That's why I claimed there are no productivity gains if those safety features can't be added at a lower cost than 100 years ago.

According to the Bureau of Labor and stastics, productivity has increased almost 500% since 1950. That means it should be possible to make a Model T today for less than $2,000. That leave $9,000 for safety improvements.