Ionna beats Rivian to the punch
I cant get over how beautiful these charging stations are. Both classic and futuristic, reminds me of nuketown on call of duty.
More exiting news in the EV world, $Lucid Group (LCID.US)$ just relased the most beautiful and innovative EV design this year called The Lucid Gravity which is poised to further increase Lucids increasing sales numbers into 2025. Trading at $2.43 as of Decemeber 12th LUCID has precedent to start making new highs now until next year when forecast predict them to start making profit. This maybe the next Best opportunity for EV lovers after $Rivian Automotive (RIVN.US)$ bull run in the past weeks that has now slowed to a halt.
This is mainly due to supply chain challenges that Rivian is facing due to a diverging production to sales numbers in the 3rd quarter of 2024. Component shortages are also a problem for RIVIAN and the broader EV market. However, EV lovers will still have LUCID’s new Gravity model to meet their technological demands for the 3rd and 4th quarter of 2024, picking up the slack from Rivian.
There is a silver lining which is the 6 Billion government grant that will be used to sustain production as well as further developing their charging stations which just fall shirt of Ionna and Tesla’s charging network infrastructure.
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