Page 13 - Project Gravity News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Polestar and Phoenix will likely be the next IPOs in a very hot sector led by recently launched Rivian and Lucid and by China’s Nio. They won’t be the last.

The little-known US marque currently builds the world’s longest-range production electric car, and is more valuable than Kia, Honda, Mazda, or Hyundai.

Tesla Model S is an all-electric five-door liftback sedan produced since 2012 by a company that was born as a startup. Right now, almost a decade after its arrival on the market, legacy automakers still don’t have a proper answer.

Management is enthusiastic about the open road that's ahead.

The EPA has given the Air an estimated 517-mile range on a single charge for the Grand Touring trim. The less expensive Lucid Air Pure has a projected range of 406 miles. Lucid says the Air is also the world's fastest-charging EV. With a DC fast charge, the vehicle can achieve a charging rate of up to 20 miles per minute. All told, that's 400 miles of range in just 20 minutes. That's great, but your average American buyer can't afford $160K EVs. The average American buyer can't afford an $80,000 EV either. But manufacturers seem to reveal and release the most expensive versions first.