Lucid’s CEO Issues Stern Warning
Lucid’s CEO Hard Warning It appeared initially Bus.
MPs are not easy for small home manufacturers
Electric vehicle initial companies such as Tesla have faced a challenging defeat in the US automobile market for years. However, Washington may encounter a steep climb thanks to new developments from DC.
In a recent podcast view, Lucid Motors Temporary CEO Marc Winterhoff called on the ring road deputies not to deal with homemade home manufacturers, just as they won the traction. His comments are an important incentive that helps some buyers to choose electric vehicles on gas -powered cars, as Congress discusses or expands the expansion of the federal home tax loan.
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Lucid CEO: Smaller home companies should benefit from federal tax incentives.
In the June 25th episode of Automotive News Daily Drive Podcast, Winterhoff argued that smaller, starting companies such as Lucid deserves more time to take advantage of $ 7,500 federal tax loan, which historically established automobile manufacturers in the US market to sell electric vehicles (home). He argued that new companies and other new companies, manufacturers should not be punished for not reaching sales milestones, and that they would encourage competition and innovation in the house market by giving them the same opportunities, and ultimately benefit to consumers and the sector as a whole.
“It is widely known that we have not yet sold 200,000 houses. But there are many other people in the past and all of them had this loan,” he said. “Why now change and make it very difficult for new players on the market?”
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Currently, deputies are divided into the future of home incentives. The version of the Senate’s budget invoice proposes to eliminate the tax loan within 180 days for all large or small automobile manufacturers. On the other hand, the version of the house will provide support to smaller manufacturers by extending the loan until 2026 for those who have not yet reached 200,000 vehicles. The extension of the house can be an important advantage for Lucid, which has sold only 21,000 vehicles since the release of the air sedan in 2021.
However, Winterhoff stressed that Lucid is not just a home company – an American home company with important roots in America. Lucid builds both air and gravity vehicles in Casa Grande, Arizona, and the company’s headquarters is in California, California, which is proof that Lucid makes a major investment in US -based production and supply chains.
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“We made this decision years ago to integrate vertically in the United States years ago, Win Winterhoff said. “I’m definitely an advocate [the EV credit] It stays as much as possible and also up to 200,000 lids. “
Now eliminating this benefit can slow down Lucid’s moment when it begins to gain the basis. The company plans to significantly increase its sales in 2025. 69,900 dollars of air sedan vehicles, under the existing rules for tax loans is far above the price limit, Lucid buyers can get the entire 7,500 dollar loan when they are rented – a substance that works for the company.
However, Winterhoff admitted that the home industry cannot trust subsidies forever. “Finally, home manufacturers will have to be successful without incentives,” he said. “I mean, this is completely clear.”
However, although home sales are collected in many major centers, the general home transition is still in early stages, because adoption rates are still delayed in many corners and pockets of the country. Nevertheless, he believes that these are only growing pains, and he believes that the incentives will be early and harmful. Orum I think this is a normal process in the adoption of new technologies, or he says. “We have seen this in many other situations.”
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As the Congress moves the latest version of the bill, it is important to admit that the risks are high not only for the lucid, but also for the future of American Houses, especially if they plan to ping the US as a player in the next transportation period, especially for the future of American Houses.
However, Winterhoff accepts that the main concern is currently the main concern when it comes to adopting a house. Home tax loans have discussed this issue in the past before the current situation in Washington. However, potential buyers still find preliminary costs of electric vehicles much higher than traditional gasoline cars. As a result, many consumers are hesitant to switch without significant financial incentives.
Lucid’s CEO Hard Warning He first appeared in Autoblog on 25 June 2025
This story was initially reported Bus It appeared on June 25, 2025.
