Speculation Lucid Prepares to Announce Partnership with Hyundai on Electric Motors

[Steveinarizona]

Tesla partnership announcement imminent

Tesla is testing a Lucid Air with over 500 miles of range on its test track

We have seen many automakers benchmark and reverse-engineer Tesla vehicles, but rarely the other way around. Tesla was spotted testing...

electrek.co

As Oscar Wilde has said "imitation is the sincerest form of flattery".

 

[ColonelBadger]

I think this put paid to the rumor; Hyundai and GM to work together on developing new cars

 

[hmp10]

I think this put paid to the rumor; Hyundai and GM to work together on developing new cars

Well, who wouldn't want to work with a company that has figured out how to fit 200+ kWh battery packs into grossly-oversized vehicles?

 

[Batteryman]

I suspect auto companies would want to know the full specs and efficiency of the Atlas powertrain. Or maybe Lucid will develop a less expensive powertrain for the 25k EV.

 

[hmp10]

I suspect auto companies would want to know the full specs and efficiency of the Atlas powertrain. Or maybe Lucid will develop a less expensive powertrain for the 25k EV.

Also, the rumor was only that Hyundai was considering partnering with Lucid for the powertrain in the relatively high-end / low-volume Genesis convertible. The GM partnership seems to be more focused on mass-market products and goes well beyond powertrain partnership into supply chains and other aspects of auto manufacturing.

I'm not sure the Genesis / Lucid angle is dead just yet, but the rumor is getting long in the tooth with no recent corroborations. On its end, though, Lucid might be wary about proprietary information leaks from partnering with a company that is also partnered with another competitor.

 

[Buffalo Bob]

Well, who wouldn't want to work with a company that has figured out how to fit 200+ kWh battery packs into grossly-oversized vehicles?

A fair dig, but my daughter has a Chevy Bolt, and I have to tell you that I'm impressed. It's not a long distance road-tripping car by any means, but it's a great all-around car as a (plug in at home) daily driver, with about a 290 mile range, is remarkably quiet inside, a nice software suite, and it drives beautifully. All this for about 1/3 what I paid for my Pure AWD last fall. Given Hyundai's target market, I can see the fit. Now, Genesis is another story.

 

[hmp10]

A fair dig, but my daughter has a Chevy Bolt, and I have to tell you that I'm impressed.

One of our best friends has a Bolt EUV, and both he and I would agree with you. Although they have a Hyundai ICE SUV, they sometimes take the Bolt on long day trips around Florida because it's comfortable, fun to drive, and coastal Florida is pretty well covered by CCS chargers.

My beef with GM is that much of their more recent EV efforts seem to be just getting onboard with what they seem to be treating as a fad by dropping electric powertrains into heavy, gargantuan, inherently inefficient vehicles that do nothing to capture the potential energy and space packaging advantages of EVs.

 

[Keith]

I suspect auto companies would want to know the full specs and efficiency of the Atlas powertrain. Or maybe Lucid will develop a less expensive powertrain for the 25k EV.

https://www.motor1.com/news/632958/lucid-debuts-electric-drive-unit-for-racing/

I suspect that their 70 pound drive unit might fit the bill

Lucid Debuts 469-HP Electric Drive Unit For Racing That Weighs 70 Pounds​

 

[hydbob]

I'm wondering what Hyundai has to gain from this? They are the largest automaker in the world and their EVs are selling great.

 

[hmp10]

I'm wondering what Hyundai has to gain from this? They are the largest automaker in the world and their EVs are selling great.

I wouldn't put too much stock in this "partnership" just yet. It was described as a "non-binding framework agreement" to "evaluate opportunities". This is corporate speak for "we've decided we might talk from time to time to discuss what's up".

At this point, I would say this announcement was more for press value than anything else.

 

[NoseyReporter]

I wouldn't put too much stock in this "partnership" just yet. It was described as a "non-binding framework agreement" to "evaluate opportunities". This is corporate speak for "we've decided we might talk from time to time to discuss what's up".

At this point, I would say this announcement was more for press value than anything else.

Beat me to it. All fluff.

 

[Steveinarizona]

Well, who wouldn't want to work with a company that has figured out how to fit 200+ kWh battery packs into grossly-oversized vehicles?

True but it has a "WTF" mode and that is cool. Officially "Watts to Freedom". Haha.