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  "documentTitle": "Lucid Motors | Results Presentation Deck | 29 slides",
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  "authorName": "Lucid Motors",
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  "presentationDate": "2023-08-01 00:00:00",
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      "kind": "diagram",
      "text": "EFFICIENCY: THE ULTIMATE MEASURE OF EV TECHNOLOGY\nToday's Market Focus\nCost $/kWh = Battery Cost\nLucid's Focus\nEfficiency Miles/kWh = Battery Cost, Lower Total Cost of Ownership, Environmental Impact, Superior Product",
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      "text": "A fundamentally superior EV product\nLower raw material usage per vehicle\nLower total cost of ownership for customers\nImproved environmental impact through lower energy consumption per mile",
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      "text": "Efficiency Drives Multiple EV Advantages\nWe believe efficiency is the single most relevant metric of an EV company's technological prowess. Lucid Air Grand Touring has an efficiency of 4.6 miles/kWh(1).\nWhile there's a very strong focus on battery costs ($/kWh) in the industry, understandably given it is a large component of cost of goods sold in an EV, efficiency (miles/kWh) enables us to deliver industry leading range today and, in the future, competitive range using a smaller battery pack.\nThis means we need fewer cells per vehicle to get the same range, which we believe is a key cost ($/mile) and commercial advantage for Lucid.\nEfficiency enables more than just lower manufacturing costs; in our view it also results in:",
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      "text": "Note: (1) Miles per kWh are based on EPA estimated range when equipped with 19\" wheels.",
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      "text": "Unprecedented Efficiency",
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