This would never actually happen, but I think Lucid acquiring Fisker is a great idea.
Lucid has plentiful funds, an under-utilized US manufacturing facility (important for the tax credits), a more capable team for software and finance, and more infrastructure built out to facilitate deliveries. The one thing they desperately lack is a vehicle that can sell more than a few thousand units per year—it’s going to be years before they can bring one to market otherwise. Acquiring Fisker would, at least in theory, make up for the shortfalls of both companies.
This would never actually happen, but I think Lucid acquiring Fisker is a great idea.
Lucid has plentiful funds, an under-utilized US manufacturing facility (important for the tax credits), a more capable team for software and finance, and more infrastructure built out to facilitate deliveries. The one thing they desperately lack is a vehicle that can sell more than a few thousand units per year—it’s going to be years before they can bring one to market otherwise. Acquiring Fisker would, at least in theory, make up for the shortfalls of both companies.
Geely would be the best fit but I’m sure their hands are already full elsewhere…or?
What?? Lucid seems like the worst option. They need a company flush with cash to burn for a long term project.