For years, it felt as though “Tesla” was solely synonymous with “innovation” in the electric vehicle market. While Tesla is still considered a trailblazer in the industry, there are quite a few new competitors who are encouraging growth and advancement as the Race to Electric accelerates.
As a well-established company in a small market, it may come as a surprise that Tesla’s Founder, Elon Musk, has intentionally allowed for open patents on his electric cars. But as the man who also founded SpaceX, Elon Musk is notorious for fueling healthy competition and Tesla’s open patents simply reinforce a cornerstone of his business mentality.
The Tesla Model 3 was recently rated as one of the “Top Electric Vehicles of 2017” by Car & Driver Magazine, so it seems that the manufacturer is enjoying a secure position at the top, but here are 15 companies fueling (er, charging) the race in the electric car sector of the Automotive Industry.
Lucid Motors is a new, up-and-coming player in the industry who is speculated to become Tesla’s top competitor over the next several years. They’re making waves by building a $700M production plant in Casa Grande, Arizona, and they plan to have over 2,000 workers employed by 2022. In addition to that, Lucid Motors is partially backed by Jia Yueting, who is also a named investor in Faraday Future (another Tesla rival).
Lucid Motors is scheduled to begin production of the Air in 2019 and, according to their website, they’re already “making unprecedented breakthroughs in the industry”.
The Air features a spacious interior and futuristic lines, and arguably exceeds the comforts currently offered by Tesla’s line of vehicles. Passengers will reportedly enjoy fully reclining rear seats, which give them a unique sky view during road trips.
A list of features you can expect in the base model Lucid Air, 240-mile range, 400 horsepower rear-wheel drive, support for autonomous driving, 32 Cubic feet of trunk space when you combined the front and the rear, and 10 airbags.
Now you can order options including, 400-mile range battery, all-wheel drive with up to 1,000 horsepower, an amazing glass canopy roof and executive seating in the rear.
The Lucid Air will start at $60,000 when it’s produced in 2019.