Critic's on HC are right about Lucid. With the Rise of Chinese EV makers, I can easily see Lucid going bankrupt in a year or two.
china is producing massive numbers and selling them at much lower prices - and the are of a very good quality too.
like Hyundai and Kia in the mid 1990s, they will get better and better in design. USA and Europe car companies could be in big trouble in 5 to 10 years from now.
The sheer economies of scale China gains from a large production run let's them sell at low prices. And critics of China are right. The inputs into their cars are partly subsidised by the Chinese government - an attempt to control the world's supply chain. Batteries being the case in point.
Critic's on HC are right about Lucid. With the Rise of Chinese...
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