Lucid Motors is one of the worlds leading EV car "Startups" founded in 2007 in California they were previously known as Atieva. Most of their 1400 employees come from well know car companies such as TESLA and Mazda.
WHY $CCIV CAN TRIPLE SOON.
What is $CCIV ?
CCIV is the fourth SPAC by Michael Klein who already has multiple multi-billion dollar SPAC mergers including $CCC valued at over 19 Billion. CCIV is in TALKS to take @LucidMotors public valuing the merger at over 15 BILLION.
Lucid Motors is one of the worlds leading EV car "Startups" founded in 2007 in California they were previously known as Atieva. Most of their 1400 employees come from well know car companies such as TESLA and Mazda.
Peter Rawlinson ( CEO & CTO)
Originally from wales, peter was the Chief Engineer for the TESLA MODEL S. Peter was also the Principal Engineer at @Jaguar Chief Engineer at @lotuscars
Derek started his journey with 8 years at @Audi working on the Audi A2 & A8 among others. After Audi, he moved to VW where he spent nine years. He is also credited for the design of the CX-5, Mazda6, Mazda3, and the CX-9 among others.
Lucid Air is the first car by @LucidMotors which is set to release in the summer of this year. Air will have four different variants starting from 69,900 USD which will have up to a 503 MILE RANGE.
Speed - 200 mph (320 km/h).
Max Horsepower - 1080
Range - Upto 517 Miles ( 832 KM )
charging for 300 mils - 20 minutes
0-60 - 2.5 Seconds
Lucid Motors has a 1 million sq- feet factory already built-in Arizona which can currently produce 30,000 cars a year with plans to expand it to 400,000 units a year and the factory size to 5 million sq-feet. The factory is built on a 590-acre lot owned by lucid.
Lucid Air will have lithium-ion battery cells sourced from @Samsung as the primary powertrain. The Air will be equipped with a 110 kWh battery pack which will provide 517 miles range. Air will be capable of a top speed over 200 mph (320 km/h).
Lucid already has a joint agreement with Electrify America which already has 2,000 fast-charging stations over 500 sites, spread out across 40 states. Each lucid car comes with 3 years of FREE Electrify America charging.
Lucid Air is estimated to have a range of 517 miles (832 km) on a single charge. Which is 28% HIGHER than the EPA range of 402 mi (647 km) for the TESLA MODEL S.
The Lucid Air will have 3 other models ranging from 480 horsepower to 1070 horsepower, 406 miles range to a 517-mile range. The price for these ranges from 69,000 to 161,00 Usd proving something at all the price points expanding their customer base.
Hardware for AUTONOMOUS driving
FOUR high-resolution screens
Over-the-air software updates
FOUR high-resolution screens
Total luggage space of around 900 liters
Lucid is already working on a Suv called GRAVITY which is set to release in 2023. Gravity will have long-range electric driving and previously unimaginable performance as well as category redefining interior space, Lucid elevates the SUV to a new level.
Lucid is partnering with Amazon to bring ALEXA Amazon's voice assistant. Lucid’s tie-up with Amazon will allow drivers “to enjoy the full Alexa experience on the go .... all while keeping their eyes on the road and their hands on the wheel.
Lucid already has 6 studios open and plans to open 20 before the end of next year. They plan to open small, intimate showrooms that provides the customer with a more intimate and luxury feel.
Best Product: Forbes the Best Product coming out in 2021 last week.
$600 Billion Car Company?
According to the inside Ev " This is a stepping stone for building a 600 billion dollar company "
$CCIV merger with @LucidMotors is valued at 15 billion dollars.
MARKET CAP - 15 BILLION
PRICE - $10
SHARES - 1.5 billion
If we use the inside ev valuation it gives us a potential market cap of 600 Bill valuing each share at over 400 dollars that's a 2500% Upside.
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Inflation is coming, inflation is coming!
Last month I wrote about the distinction between long-term secular inflation and shorter-term cyclical inflation
It has been clear for several months that we are in the middle of a cyclical rise in
The full thread can be reviewed here:
Today's PPI report should have been expected to surprise to the upside as the leading indicators of inflation have been screaming to the upside for months!
Here is the ISM prices paid index, cumulated into a growth rate
3/
Industrial commodity prices have also seen a major acceleration for months.
4/
So today's PPI report was in line with the leads, suggesting that we have a cyclical upturn in inflation that is * primarily concentrated in the manufacturing sector *
This is a key point.
5/
Last month I wrote about the distinction between long-term secular inflation and shorter-term cyclical inflation
It has been clear for several months that we are in the middle of a cyclical rise in
Now, in the short-term, the manufacturing sector is red hot, driven by a pent-up demand rebound in goods consumption.
— Eric Basmajian (@EPBResearch) January 4, 2021
Commodity prices are screaming which gives legs to "goods" inflation in the short-term.
8) pic.twitter.com/rQcqHf1OD0
The full thread can be reviewed here:
Consensus continues to conflate the inflation story, mixing and matching long-term and short-term charts to fit what is generally a secular inflation narrative.
— Eric Basmajian (@EPBResearch) January 4, 2021
Here are my two cents to make the distinction clear.
1)
Today's PPI report should have been expected to surprise to the upside as the leading indicators of inflation have been screaming to the upside for months!
Here is the ISM prices paid index, cumulated into a growth rate
3/
Industrial commodity prices have also seen a major acceleration for months.
4/
So today's PPI report was in line with the leads, suggesting that we have a cyclical upturn in inflation that is * primarily concentrated in the manufacturing sector *
This is a key point.
5/
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