Why Lucid Air’s MotorTrend Car of the Year win is historic

The Lucid Air has been named the 2022 MotorTrend Car of the Year. The selection for the prestigious automotive title is huge information.

The win is historic as a result of it marks the first time ever {that a} new automaker’s first automobile has claimed the award.

As the business continues to shift to electrical autos, it’s no shock that the Lucid Air is an EV.

“With the longest driving vary of any electrical car on the market, an EPA estimated 520 miles, and over 1,100 horsepower obtainable, the Lucid Air is a technological tour de pressure,” MotorTrend Group head of editorial Ed Loh mentioned in a written assertion.

The Lucid Air, a luxurious sedan, beat out 24 different vehicles, together with the Mercedes-Benz S-Class, Mercedes-Benz EQS, Porsche Taycan, and Honda Civic, in accordance with MotorTrend. The judges have a look at effectivity, worth, development in design, engineering excellence, security, and efficiency of the meant operate.

“Our goal of reaching vary by way of effectivity and technical innovation is crystallized in Lucid Air, and we’re elated that this effort has been acknowledged by MotorTrend towards such formidable competitors from well-established automakers,” Lucid Group CEO/CTO Peter Rawlinson mentioned.

Lucid Group is headquartered in Silicon Valley and has a manufacturing facility is Casa Grande, Arizona. The corporate went public by way of a SPAC in late July.

Its inventory was $44.15, up 22  cents or 0.50% in pre-market buying and selling.