Add new comment

Until recently the major story, when it came to electric cars, was about Tesla. Suddenly, the narrative is changing and it's now Rivian vs Lucid Motors. Which of these do you think has the bigger potential in the long term? I asked this question at Torque News Youtube channel and got some very interesting answers, that I would like to share with you below.

Each paragraph below is a one separate opinion, a comment, resulted from our Rivian vs Lucid subway.

Lucid is a Tesla wannabe, but it has the 900-volt charging system with motor and batteries. No other company has that yet. A few have 800 V, for example Koenigsegg. Rivian is just a Tesla wannabe too. Tesla has sued them for stealing battery-tech etc. The pickup market is big in USA, but not globally.

Rivian has a higher annual production target and delivered more than Lucid thus far. Also, Rivian has higher preorders volume.

Lucid Motors is making a sedan, the Lucid Air and has the maturity in its leadership. Rivian, on the other hand, is going to make a pickup (the Rivian R1T) and SUV. That seems smarted than going from sedan to SUV as it's not likely the 2 could share any parts. Also, not a fan of a Saudi backed company.

Lucid has potential for its battery and motor production, but Rivian has big backing and scalability with the adventure network.

"I just don’t see a huge market for $169,000 cars (Lucid Air Dream) and apparently Lucid's $79,000 car is a long ways off, comments Richard Wolf under Torque News' survey. He says, they are going to be burning cash for a long time. "I see Rivian having a chance to be more successful than Lucid," Wolf says.

"I think it is too early to speculate on where Lucid or Rivian will be in one, three or five years. The EV industry is in its infancy right now and a lot can happen during the next 5-10 years as other companies like GM, Ford, etc... maneuver and end up buying EV startups like Rivian or Lucid in an effort to stay relevant. I saw this happen many times over the past 45 years that I was in the computer industry. The EV industry seems to be something between the ICE automotive industry and the computer industry - especially when you look at what Tesla is doing," comments Thomas Ruwart under Torque News.

I don't know why Lucid started with the Air sedan. May be there is wisdom there as Tesla also started with the Model S. Even the ICE car makers know that 4 door sedans are not what people want to buy. The Truck and SUV is where the market demand is. Rivian caters to a broader market and their vehicles are half the price of a Lucid.

There is a thought that Rivian has first mover advantage on EV trucks and Lucid will get acquired, likely by Apple. Same attention to design quality. But what does Lucid do that Apple doesn't? They have a car assembly plant ,but the stock is insanely overvalued. I think Apple is likely to buy or partner with a dying legacy automaker. Do you remember that at one point recently Apple was in talks with Hyundai?

Why is everybody getting it so wrong on Lucid vs Rivian?

Opinion from Obe E

Lucid has proven that it will do much better in the long run because it has better proprietary drive train technology at the moment than every other EV company in the world. Rivian doesn't even make it's own motors! It uses 4 Bosch motors to produce 800+ horse power while Lucid produces 1100+ horsepower from 2 motors that it makes in house.

Lucid's battery packs have already been proven in Formula E racing. They can go 520 miles. Rivian is only able to go 314 miles with a bigger battery pack and that is insufficient for an off road pickup that is expected to tow,

Lucid beats everyone in charging speeds with 300 miles dc charging in 20 minutes, no one, not even Tesla comes close. With this technology, Lucid's Gravity pick up will kick Rivian's pick-up and SUV to the curb when it's released.

The only thing that may give one company advantage over the other is its ability to scale up production quickly. None of them has succeeded in this area yet.

Rivian may get help from Ford to scale up its production although it hasn't done that yet. Lucid's ceo is a veteran in car manufacturing and he moved from Tesla with 300 Tesla engineers. That could give it serious advantage in scaling up its production. I don't think Rivian will do better than Lucid in manufacturing.

Finally money is not going to be the deciding factor for who succeeds in the long run. This is purely a technology and manufacturing race. Both companies can raise any money that they want to finance their production. The company that would win is the one with the best technology and that is clearly Lucid for now.

Richard Wolf, who had commented above, responded to the above opinion and wrote, "But all this technology at a price few can afford isn’t going to do them any good. Neither for Lucid, nor for Rivian. However if they concentrated on selling their batteries and motors if indeed they have world world-class technology in these areas then they might have a chance.
Car manufacturing is very hard and margins can be razor thin then if you have recalls and lawsuits."

Armen Hareyan is the founder and the Editor in Chief of Torque News. He founded TorqueNews.com in 2010, which since then has been publishing expert news and analysis about the automotive industry. He can be reached at Torque News Twitter, Facebok, Linkedin and Youtube.