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Lucid CEO calls EV market softness ‘a temporary blip’ and says hybrids are a dead end


The EV company is working on some cheaper models.

Rawlinson was representing Lucid at the Pebble Beach Concours d’Elegance, where the Gravity was situated on the so-called “Concept Lawn,” just a few feet from the main event. Elon Musk jabs aside, Rawlinson said that reducing climate change is a strong motivator for his company and that any softness the EV market is experiencing now is short term. Rawlinson also pointed at dealerships full of “underwhelming EVs,” a refrain echoed by the company’s senior vice president of design and brand, Derek Jenkins.

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