Lucidchart has raised $ 72 million to grow its web-based design and diagramming tool.
Web-based visual design platform Lucid Software has raised $72 million in a round of funding from Meritech Capital, Iconiq Capital, and Spectrum Equity.
Founded in 2010, Lucid Software is best known for its flagship Lucidchart product, which is kind of like a Microsoft Visio-style collaborative diagramming app that’s used for wireframing, UI prototyping, and similar use cases. Companies can use it to create an organizational HR chart, for example, though in reality anyone from freelancers to students can use the software.
Above: HR organization chart created in Lucidchart
The company also develops a drag-and-drop design program for creating print and digital publications, which it calls Lucidpress.
Prior to now, Lucidchart had raised just north of $40 million in funding, including a $36 million tranche two years ago, and with another $72 million in the bank, it said that it will accelerate its product development and chase global growth, with plans to open its EMEA headquarters in Amsterdam in early 2019.
Lucidchart competitors include tools from the likes of Adobe and, as noted, Microsoft Visio, while other players in the field include SmartDraw, Gliffy, and the open source Draw.io. Lucidchart aims to differentiate itself through a combination of “ease-of-use, access on any device or platform, real-time collaboration and advanced functionality, like automating diagrams and combining them with external data sources,” a spokesperson told VentureBeat.
“Lucid Software is driven by the vision that when people think and communicate visually, we can work faster, collaborate more effectively, and be more innovative,” added Lucid Software CEO and cofounder Karl Sun. “Though Lucidchart started as a replacement for traditional, hard-to-use diagramming applications, our ambitions have always been far greater. We are determined to make working visually an integral part of the future of work, ensuring that innovators everywhere can turn the best ideas into reality.”
Lucid Software claims 15 million users globally, and said that it is attracting 700,000 new users each month from 180 countries. Clients include Google, and NBC Universal.
]]>https://briefnews.eu/watch-lucid-air-ev-dominate-laguna-seca/feed/0‘Radiant One’ Explores Lucid Dreaming And Its Pitfalls
https://briefnews.eu/radiant-one-explores-lucid-dreaming-and-its-pitfalls/
https://briefnews.eu/radiant-one-explores-lucid-dreaming-and-its-pitfalls/#respondMon, 06 Aug 2018 04:48:59 +0000http://briefnews.eu/radiant-one-explores-lucid-dreaming-and-its-pitfalls/
The ability to control your dreams and manipulate them is quite the feat. You could fly with the birds, overturn a bad situation, or live your wildest dreams. In story-driven adventure Radiant One, players will have to navigate both dreams and nightmares as well, solving puzzles and escaping dangerous situations throughout the surreal worlds in the protagonist’s mind.
Daniel, a man living a bland everyday scenario of Facebook updates and an unfulfilling lifestyle, tries his hand at lucid dreaming. And he’s pretty adept at it. Living more in his dreams than in reality, Daniel pushes his dreams to the limit until something changes, and the dreams push back. Now, players will have to help Daniel find clues as to what has happened to his once-pleasant dreams and unveil the secret behind the malevolent forces that have taken over his dreamscape. This may involve dodging some unfriendly spectres in the hallway, or searching every door, drawer, and shelf within the surreal places his mind concocts.
From the creators of The Wild Eight, Radiant One shows off a striking, yet simplistic visual style that captures realms built by the unconscious mind. Players seeking a thrilling story served up with an eye-catching look will get just what they need in Radiant One.
]]>https://briefnews.eu/radiant-one-explores-lucid-dreaming-and-its-pitfalls/feed/0Lucid Motors outgrows old HQ, moves to new facility
https://briefnews.eu/lucid-motors-outgrows-old-hq-moves-to-new-facility/
https://briefnews.eu/lucid-motors-outgrows-old-hq-moves-to-new-facility/#respondTue, 28 Nov 2017 00:17:53 +0000http://briefnews.eu/lucid-motors-outgrows-old-hq-moves-to-new-facility/
Lucid Motors has lofty goals, and a big vision for its first car, the 1,000-horsepower Air EV. It seems the young startup has already gotten too big for its britches. So, new britches it is. Lucid has announced it is moving its headquarters from Menlo Park, Calif. to a facility across the bay in Newark. It has also produced the above video to celebrate the upgrade.
Lucid says its new facility in the Pacific Research Center – which is mere blocks from the company’s prototype shop – is twice the size of its digs in Menlo Park. It will be home to a larger design studio and more lab and office space, allowing for closer collaboration between designers and engineers. Lucid also said it is hiring, and will be posting even more jobs on its career page “in the near future.”
The Lucid Air was revealed late last year. Since then, the folks at Lucid have been busy promoting the car, raising funds, testing the vehicle and planning future models. It has also been performing high-speed testing, pushing the potent electric vehicle first to 217 miles per hour, and then to an even more impressive 235 mph. In the video above, we get a peek at a half-dozen Air prototypes on what appear to be public roads, which is fun to see. No Edna, though.
The Lucid Air is slated to go into production in 2019 with a starting price of $ 60,000 (before incentives). A limited Launch Edition will fetch over $ 100,000. It will offer a range of up to 400 miles, and come with the necessary hardware for Level 4 autonomous driving. Lucid says it’s already planning future electric vehicles. In an interview, Vice President of Design Derek Jenkins told us Lucid would look to base its next vehicle – possibly a crossover – on the Air’s platform (read that full story here).
]]>https://briefnews.eu/lucid-motors-outgrows-old-hq-moves-to-new-facility/feed/0Lucid dreaming: Can you really transform your life while you sleep?
https://briefnews.eu/lucid-dreaming-can-you-really-transform-your-life-while-you-sleep/
https://briefnews.eu/lucid-dreaming-can-you-really-transform-your-life-while-you-sleep/#respondMon, 17 Jul 2017 01:12:53 +0000http://briefnews.eu/lucid-dreaming-can-you-really-transform-your-life-while-you-sleep/
GETTY – STOCK IMAGE
Research revealed that we can reduce anxiety, solve problems and be more creative while we sleep
Research has revealed that we can reduce anxiety, solve problems and even be more creative – all while we sleep.
It may sound too good to be true but the key, says sleep expert Clare Johnson, is learning the mysterious art of lucid dreaming.
A lucid dream is any experience in which you become aware that you’re dreaming during the REM stage of your sleep cycle.
You are still asleep but conscious enough to be aware that what is happening isn’t real.
“Have you ever been dreaming and suddenly realised what you’re experiencing isn’t real but not woken up?” says Dr Johnson, an expert in lucid dreams.
“Perhaps you changed what was happening in the dream or interacted with the characters in it.”
Neuroscientists at the University of Bern in Switzerland believe that because the brain is in a less rational state than when we are awake, lucid dreaming is the perfect environment for creative thinking.
“Dreams help you connect to your unconscious mind,” adds Dr Johnson.
“This can show us how we are really feeling and what we need to change in our lives. We can work out ideas and overcome fears and anxieties.”
Try lucid dreaming for yourself with the advice below:
Related articles
Dreams help you connect to your unconscious mind
Clare Johnson – Sleep expert
Ditch the alarm
Jolting awake to a stressful alarm clock is the surest way to banish dreams.
So change your beeping alarm for one that plays a gentle song.
Set the alarm a few minutes earlier than needed and try to remember your dreams as you listen to the song.
If the song is always the same it will create an automatic response so when you hear the opening melody, your dream will automatically surface.
Over time, recalling your dreams will get progressively easier.
GETTY – STOCK IMAGE
Change to an alarm that plays a gentle song
Keep a dream journal
Get a notebook to use as your dream journal.
It’s good to use unlined paper so you can easily add drawings and sketches.
Keep your journal by your bed and write down your dreams before you get up.
Even if you haven’t remembered any dreams, open your journal and start writing.
It’s astonishing how dreams can flood back into the mind when you put pen to paper.
Meditate
Meditation is a great mindfulness technique and can help encourage lucid dreaming.
Just 10 minutes of meditation before sleep can work wonders.
Meditation strengthens the connection with the unconscious, boosts mental clarity and teaches us to focus on the present moment.
We need all these skills to stay lucid in our dreams.
GETTY – STOCK IMAGE
The body needs to catch up on dreaming sleep
Take a nap
If you don’t have enough sleep at night, the body needs to catch up on dreaming sleep so when you nap you tend to have a light sleep filled with bizarre, vivid dreams.
This is a magical state of consciousness for all would-be lucid dreamers.
As the sleep is light, you can become lucid more easily and as the dreams are often strange, you’re more likely to notice you’re dreaming.
If an afternoon nap is impossible, wake up early in the morning, meditate, then return to bed determined to be lucid in your dreams.
Mon, August 22, 2016
Sleep expert Dr Nerina Ramlakhan joined Ruth and Eamonn on Monday’s This Morning to discuss sleep struggles and night terrors.
ITV
1 of 9
Sleep expert Dr Nerina Ramlakhan joined This Morning hosts Ruth and Eamonn to give her advice to viewers who struggle every night to get the rest they need
Go back to bed
This technique has a high success rate for lucid dreaming – a recent study in a sleep lab found that 50 per cent of people manage to become lucid when using it.
Set your alarm for five hours into your night’s sleep.
This means you will have your deepest sleep behind you and will be ready to enter dreaming sleep or REM.
When the alarm goes off, get up for 15-30 minutes, write down your dreams and go back to bed.
Visualise yourself becoming lucid in one of the dreams you just had.
GETTY – STOCK IMAGE
Going back to sleep after waking up can help you have lucid dreams
Daydream
Find a quiet space where you can relax and close your eyes.
Bring the memory of a dream into your mind.
Take a moment to conjure up the dream and relive it.
Identify the strongest emotion in your dream.
Is it determination, joy, panic, sorrow, disgust?
If the dream takes place in the past it may point out that you still have strong feelings about that situation.
If the dream is connected to a current situation, move through any negative emotions and try to imagine possible solutions you can apply to your waking life.
GETTY – STOCK IMAGE
Find a quiet space where you can relax and close your eyes
Change your dreams
Every day when you have a spare minute, pick one of your own dreams, close your eyes and re-enter it.
Now imagine how you could change it or what you would do differently.
Re-entering your dreams in this way throughout the day is a wonderful way of reconnecting with your dreaming mind.
It will send a message to your unconscious that you want to become lucid in your dreams.
Do the visualisation again last thing at night, with your eyes closed.
Repeat to yourself as you fall asleep: “Tonight I am lucid in my dream.”
Extracted from Dream Therapy: Dream your way to health and happiness by Dr Clare Johnson (£14.99, Orion Spring).
]]>https://briefnews.eu/lucid-dreaming-can-you-really-transform-your-life-while-you-sleep/feed/0Lucid Air EV prototype hits 235 mph on a high-speed ring
https://briefnews.eu/lucid-air-ev-prototype-hits-235-mph-on-a-high-speed-ring/
https://briefnews.eu/lucid-air-ev-prototype-hits-235-mph-on-a-high-speed-ring/#respondTue, 11 Jul 2017 02:07:12 +0000http://briefnews.eu/lucid-air-ev-prototype-hits-235-mph-on-a-high-speed-ring/
A few months ago, Lucid Motors made headlines after announcing that the automaker’s Air Alpha prototype hit 217 mph on a high-speed ring in Ohio. It appears the car on that run had a top speed limiter as the company didn’t know how the Air would behave at those speeds. The Air Alpha prototype recently returned to the Transportation Research Center, posting a top speed of 235 mph. Lucid even believes there might be a little more juice left in the battery.
For all of the talk about straight line performance in EVs, there hasn’t been much coverage about these cars’ top speeds. Vehicles like the Tesla Model S P100D post hugely impressive acceleration numbers that trounce nearly everything else on the road thanks to instant torque and powerful electric motors, but top speeds tend to be no better than other luxury or performance cars. Lucid wants the Air to be a car without compromise. As such, the top speed should be as good or better than the competition.
According to the automaker, the car that posted the record in April was held back by a number of factors. The 217-mph limiter was put in place because of all the uncertainties surrounding the car. The prototype was also equipped with a parachute in case of an emergency stop, which is actually pretty cool. After the run, Lucid updated the air suspension’s software, which couldn’t keep up with the lateral movements on the banking at 200 mph. The front motor also ran hotter than what was expected given computer simulations. Both issues were fixed for the second run.
Now, the car in the video and the one that will make it to production are likely very different. The top-speed car appears to have a full roll cage, something we can’t imagine will make it to final production, especially with the spaciousness Lucid is touting. The wheels on the test car are flat and built for aerodynamic efficiency. Although they have a nice, purposeful look, they’re not the most attractive design. Still, we’re looking forward to the final numbers. Lucid Motors looks like the first independent manufacturer that could legitimately compete with Tesla. More competition is almost always a good thing.
]]>https://briefnews.eu/lucid-air-ev-prototype-hits-235-mph-on-a-high-speed-ring/feed/0Grilling the guys behind the Lucid Air, the lux EV that makes Teslas look tame
https://briefnews.eu/grilling-the-guys-behind-the-lucid-air-the-lux-ev-that-makes-teslas-look-tame/
https://briefnews.eu/grilling-the-guys-behind-the-lucid-air-the-lux-ev-that-makes-teslas-look-tame/#respondWed, 26 Apr 2017 23:01:25 +0000http://briefnews.eu/grilling-the-guys-behind-the-lucid-air-the-lux-ev-that-makes-teslas-look-tame/It’s got up to 1,000 horsepower, a 217-mph top speed, and a range of up to 400 miles. It’s the Lucid Air, an electric luxury sedan from startup Lucid Motors that is scheduled to start production in 2019 at a new factory in Arizona. But where exactly did this new electric car come from, not to mention its maker, Lucid Motors?
To get the full story on the Air, Digital Trends talked to two Lucid Motors executives at the 2017 New York Auto Show. CTO Peter Rawlinson previous worked for Tesla, including as chief engineer of the Model S. Vice president of design Derek Jenkins came to Lucid from Mazda North America, where he served as director of design. His previous credits include the current-generation Mazda MX-5 Miata.
Digital Trends: Lucid Motors started out as Atieva, which supplied electric powertrain components to other companies. How did you transition to making your own cars?
Peter Rawlinson: Atieva started out as a battery-technology company, and got lots of batteries into real-world use. We accrued 20 million miles of data of our batteries in the field, in commercial vehicles. Then we started transitioning from that into complete electric powertrains.
Then I joined the company a few years ago to lead the charge into making it a vehicle company. We secured Series C funding, and then brought a world-class team together to do the Lucid Air. So three steps: batteries, powertrain, car. That started back in 2007. So although we’re branded as a startup, it’s been a long process.
DT: What was the thinking behind becoming a vehicle company instead of just a supplier?
PR: There was an ambition, there was a recognition that that was the future. I think it’s very clear that the world is going to move to electric [cars], and I think very clear that taking an integrated approach, that’s the way to get the maximum value. If you start designing these things, like a battery pack, individually, you don’t get the real potential.
Now, we never would have been able to do this if we didn’t have this world-class powertrain technology. We’ve been doing this for years, and that’s a key differentiator. It isn’t easy to get to this level.
DT: What distinguishes the Lucid Air from, say, a Tesla Model S, or the luxury electric cars several established automakers are planning?
PR: It’s a bit of a myth that traditional OEMs are getting into electric [cars]. As for the other electric-car contender, the Air is smaller and lower than a Tesla Model S, but with the interior space of an S-Class Mercedes. It’s more like an E-Class Mercedes on the outside, and an S-Class on the inside.
DT: And the Air will come prepped for autonomous driving?
PR: Lucid Air will be Level 4/Level 5 autonomous ready from the get go, when it goes into production in 2019, in terms of the hardware. We will have to wait for the software, and for legislation, to allow that switch-on through an over-the-air download of the software.
So when I say it’s hardware enabled: It’s got dual-redundancy in steering and braking. It’s got a full sensor suite of cameras, lidars, and radars, both long and short range, to allow for sensing in inclement weather conditions and strange lighting circumstances. We recently announced our partnership with Mobileye on their sensing technology.
DT: Will the software be ready to go when you launch the car?
PR: No. The car will be ready to go in terms of hardware. We anticipate being Level 3 ready at launch. For a Level 4/Level 5 [capability], legislative requirements would have to be satisfied, and we will partner with someone for the software, because we see that as a very significant task.
We’ll have a car with all hardware elements designed in, the lidars, the radars, and the camera systems. Also we’ll have massive onboard data processing for file compression, and also a terabyte of onboard data storage. So you have an integrated system ready for a software download over the air, which will enable full autonomy.
DT: Derek, we talked a little bit about interior space, and fitting it into a relatively compact platform with an electric powertrain. Can you talk a bit about exactly how that worked from a design perspective?
Derek Jenkins: First of all, because we’re repackaging the car, we’re not having to lay out such a large internal-combustion engine. We’re able to distribute the space throughout the vehicle. So proportionally the cabin of the car is much longer, much more drawn out. The hood of the car is much shorter, giving it that space.
Inside the car, it’s really a feeling of this openness, this airiness, hence the name Lucid Air. That really kind of accentuates what we believe is a form of new luxury. It’s not the kind of luxury that’s heavy and guarded. It’s more open, like a living space, and that’s a big part of the overall mission of the design.
DT: Are there any models planned after the Air?
PR: We are creating a new brand and a new company, and the Air is our first product. We are looking at other products placed upon this platform, but we’ve got loads of focus on this first product, because this is an enormous task. We have to get this right first.
DJ: What’s important to realize is that the philosophy of, the technology of, the drivetrain, how we package that, and this idea of redefining segmentation through space and size, that is applicable through a whole range of products. That’s exactly our approach.
DT: The Air itself launches in 2019. At full production, how many are you expecting to build per year?
PR: We anticipate about 50,000 units a year from our plant in Arizona. But the first year we’ll probably make about 8,000 to 10,000, and gradually ramp it up to 50,000 over about three years, with great emphasis upon quality control.
DT: Why start with a luxury car?
PR: Because the business model makes so much sense, when we consider the current price of batteries. Also, we want to deliver a technical tour de force as a first product, to establish the value of the brand. I think that those two arguments make as much sense today as they ever have.
You start with a relatively high-end product, and then you can cascade down and make products more reachable and affordable. But Lucid Air starts from $ 60,000.
DT: Do you see the brand going more mainstream further down the line, or will it always be a luxury or premium brand?
PR: I can see that happening in the future.
DJ: I think long term that would be the ideal goal, but you know, as Peter said, it’s so fundamental to establish yourself as really a true leader in all of the key areas for this technology.
DT: The Air will have up to 1,000 horsepower and a 217-mph top speed, but it will also be heavily reliant on autonomous-driving technology. Is this a car for drivers, or a car to ride in?
PR: It’s augmented by autonomous-driving technology; it’s not reliant upon it. I love driving. This a car for drivers, that’s why it’s more compact. This is what’s great about this car: traditionally you’ve got this clash, this paradox, between a driver’s car, and a luxury sedan to ride in.
Because it’s more compact, it’s more agile, it’s a magnificent driving machine. It’s got fully active suspension, active damping, and we can have great ride quality and great handling. But it’s got this incredible interior space, which makes it a great car to ride in as well. That’s why it’s so disruptive.
DJ: We’re in a critical time of transition, right? We look at, we imagine, where the next 10 years will go with autonomous driving, and how that will influence the automobile. But when we look at the near term, and we look at the luxury consumer, there’s a transition where you need to do many things very, very well to be successful, in addition to being autonomous.
That’s really where, being a great driver’s car, being a great car to be driven in, is really ideal, together with these technologies.
DT: Do you have any plans for charging infrastructure to support the car, or will you rely on third parties?
PR: The current plan is to be part of the integrated charging network, not create our own. But one of the features of this car is we have two-way charging built in, so we can charge from the grid to the car, and from the car to a mini grid.
DT: Do you see the Air being used for ride sharing? Would you promote that yourself, or work with someone else?
PR: We need to get the car out first. That opens up a whole raft of possibilities.
DT: But you do see ride sharing as being a big possibility for this car?
PR: Absolutely. I certainly see this being very well suited to ride sharing.
DT: What specifically are you still working on to get the Air ready for production?
PR: Some of the finessing of some of the surfaces, some of the feasibility, some of the door jambs, some of the door hinge systems. Scalloping away a bit of interior trim to help with ingress and egress, some of the things we’ve learnt.
Then on the technical side, leaning from our testing. We’ve had great winter testing; you may have seen some of our cars testing in the snow in Minnesota. We’re just about to announce the results of our high-speed testing. [Lucid subsequently announced the Air had achieved a top speed of 217 mph on a track in Ohio].
]]>https://briefnews.eu/grilling-the-guys-behind-the-lucid-air-the-lux-ev-that-makes-teslas-look-tame/feed/0Latest Image Comics masterpiece lands in world of lucid dreams and regrets
https://briefnews.eu/latest-image-comics-masterpiece-lands-in-world-of-lucid-dreams-and-regrets/
https://briefnews.eu/latest-image-comics-masterpiece-lands-in-world-of-lucid-dreams-and-regrets/#respondMon, 24 Apr 2017 05:06:48 +0000http://briefnews.eu/latest-image-comics-masterpiece-lands-in-world-of-lucid-dreams-and-regrets/
Botema, seen here on the cover of the new Image Comics book Afar. (credit: Image Comics)
Sci-fi stories often tantalize us with visions of travel to other worlds—and the promised glory that accompanies such journeys. Turning this familiar trope on its head, Afar, a new graphic novel from Image, written by Leila Del Duca and drawn by Kit Seaton, suggests that such dreams might be more nightmarish than we expect—at least initially. It challenges the premise that extra-planetary travelogues must revolve around the acquisition of mastery or power. Instead, the shifting worlds of Afar remind us that we are never less in control than when we leave the familiar behind.
Early in the book’s first chapter, a young woman named Botema begins to suspect that she is not entirely herself when she sleeps. Each time she closes her eyes, she unwillingly leaves her own post-apocalyptic milieu—a world of arid deserts and ancient technology—behind. No mere tourist, she occupies other bodies as she travels. To her horror, she often takes on monstrous forms. “I think I travel to other planets when I sleep,” she finally confesses to her brother.
]]>https://briefnews.eu/latest-image-comics-masterpiece-lands-in-world-of-lucid-dreams-and-regrets/feed/0Smokestack-Free Lightning: Lucid Air EV Sedan Hits 217 MPH [Video]
https://briefnews.eu/smokestack-free-lightning-lucid-air-ev-sedan-hits-217-mph-video/
https://briefnews.eu/smokestack-free-lightning-lucid-air-ev-sedan-hits-217-mph-video/#respondFri, 14 Apr 2017 15:15:00 +0000http://briefnews.eu/smokestack-free-lightning-lucid-air-ev-sedan-hits-217-mph-video/
–
Aside from a pricing announcement last month, EV startup Lucid has stayed relatively mum since the company introduced us to the Air, its Tesla Model S–fighting electric sedan, at the end of last year. The latest news, however, is something any manufacturer this side of Bugatti would happily crow about: The Air just hit 217 mph.
–
During high-speed-stability testing at the Transportation Research Center proving ground in Ohio, Lucid’s test driver shepherded an Air alpha prototype around a 7.5-mile oval up to its software-limited Vmax of 350 km/h, or 217 mph in American. For those keeping score, that’s faster than a Porsche 918 and on par with a LaFerrari. Lucid’s justification for the stunt? The Germans, naturally. According to a release from the company: “The Lucid Air will compete with the best vehicles in the biggest markets around the world. In at least one of these markets, there is an expectation of high-speed cruising that we intend to satisfy.”
Lucid also claims that the aero and power required for sustained high-speed cruising make for an automobile that’s efficient at speeds more prosaic than one might attain on derestricted stretches of the autobahn. We’d love to know how long the Air is capable of hanging at 217 mph before it either cuts power because of an overheated pack or just plain runs out of juice. And beyond that, how dang fast will it go if they yank the limiter? Check out the video below for footage of the run.
]]>https://briefnews.eu/smokestack-free-lightning-lucid-air-ev-sedan-hits-217-mph-video/feed/0Lucid Motors is raising $700m in funding for an Arizona factory
https://briefnews.eu/lucid-motors-is-raising-700m-in-funding-for-an-arizona-factory/
https://briefnews.eu/lucid-motors-is-raising-700m-in-funding-for-an-arizona-factory/#respondThu, 06 Apr 2017 00:21:34 +0000http://briefnews.eu/lucid-motors-is-raising-700m-in-funding-for-an-arizona-factory/
According to reports, electric vehicle startup Lucid Motors is currently raising financing for its upcoming factory in Arizona. Electrek quotes Lucid CTO Peter Rawlinson’s interview with The Motley Fool as saying that breaking ground at the $ 700 million factory site will be subject to secured Series D financing.
The factory would be built in three phases, the first phase valued at $ 240 million and enabling Lucid Motors to produce 8,000-10,000 vehicles per year, from 2019 on. By the time the whole $ 700 million would be invested, the plant would be producing 130,000 vehicles yearly – by 2022 if it all goes to plan. The factory would create 2,000 new jobs by the time it’s in full swing. The mentioned Series D financing is usually the fifth round of funding for a start-up company.
Rawlinson was also relatively candid about Lucid’s sales plans, saying that the company plans to have its own direct sales stores and service network. The first store would most likely be located in the Bay Area. Recent reports of pricing have raised eyebrows, as Lucid would plan to sell the base, 240-mile range version of its Air sedan from $ 60,000. The top-of-the range model would reach a 400-mile range and have 1000 horsepower.
Lucid’s Rawlinson also waxed lyrical about the new battery cell architecture, which the company is co-developing with Samsung SDI. “The cell chemistry that we’ve co-developed with Samsung is groundbreaking in that it is very tolerant to repeated, cyclic fast-charging.” However, in addition to Samsung, there will be a number of other battery suppliers.