Oct 24, 2016 06:30 AM EDT
Atieva News: Company Rebrands As Lucid Motors, Teases New Sedan

Atieva might have undergone a change in its name - now rebranded as Lucid Motors - but its focus remains just the same, that of launching a Model S beating luxury all-electric sedan.

The company has also made available a few spy shots of the upcoming sedan which no doubt points to something lip-smacking coming our way. Looks apart, the sedan codenamed Atvus also boasts of substance in almost equal measure with a Motor1 report claiming the sedan to have a class leading 900 hp at its disposal.

What is also known is that the sedan will have a range in the vicinity of 300 miles from its 87 kWh battery source. A larger battery option with range enhanced to up to 400 miles is also in the pipeline but will be launched later.

The company is projecting a 0 - 60 mph sprint time of fewer than three seconds, with 2.7 seconds being the most likely timing. Tesla has already gone on record with its 2.5 seconds timing for the same distance thanks to its ludicrous mode. Worth mentioning, a Mercedes-Benz Vito electric van with Atieva's EV tech under its body shot to instant limelight after it had outrun several of its more illustrious competitors such as the Model S, Ferrari, BMW i8 or the Dodge Viper.

Further, that the Lucid sedan draws on the expertise of an ex-Tesla VP and a Model S Chief Engineer at that further adds credence to the developments. Former Oracle employee to is part of the California-based start-up with Beijing Auto from China, Japan-based Mitsui, and Chinese technology magnate Jia Yueting lending financial support.

With the final production model expected to be revealed around the end of the year, the company stated it is eyeing an initial production run of 20,000 units in 2018. This will be followed by a more expansive production phase where 130,000 units are expected to be built. However, as Left Lane News stated, it is not known where cars would be produced,

Meanwhile, the company also stated they would be launching an SUV next to take on the Model Y as well as a clutch of other electric SUVs expected to be launched towards the end of the decade.

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