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Lucid CEO shares take on next-gen EVs: “The electric car of the future only needs 250 miles”
Lucid Motors made it a point to go above and beyond the industry standard when it released the Air, its first vehicle. With a range of over 500 miles, the Air was a strong statement from the EV maker. It entered the electric luxury sedan market late, but its range alone showed that it was a serious contender.
While the Lucid Air is not selling as strongly as its rivals like the Porsche Taycan and the Tesla Model S, the luxury electric vehicle maker is nonetheless optimistic about its potential. Just recently, Lucid and Aston Martin signed a deal that would see the American automaker supply powertrain components to the British sports car company. The Lucid Air also continues to earn accolades, including the 2023 World Car Luxury Car of the Year award.
Amidst these efforts, Lucid CEO Peter Rawlinson highlighted in a conversation with Auto Express UK that Lucid has developed into a group with three pillars. One pillar corresponds to the company’s vehicles like the Lucid Air and the upcoming Gravity SUV; another pillar corresponds to the company’s energy storage business; and the last corresponds to technology licensing transfer supply. It is this third pillar that Rawlinson sees quite a lot of potential, noting that he is hoping that Lucid could become the EV equivalent of Intel.
“We are limited by the number of cars we can make and sell for our technology. I want to have a big impact upon the planet – we’re worried about global warming. I want to get more people into electric cars sooner and it’s important that we use a multiplier effect that other people can be making cars with our technology. There’s a great example in Intel. There’s an Intel inside logo on many computers, and it’d be lovely to see ‘Lucid Inside’ on cars, too,” Rawlinson.
And while Rawlinson noted that Lucid plans to eventually offer vehicles that are cheaper — likely in the $50,000 range and thereby being competitors to the Tesla Model 3 and Model Y — the company is looking to provide innovations for even mainstream cars in the future. In a rather interesting statement, Rawlinson stated that the electric vehicle of the future only really needs 250 miles, and with Lucid’s technology, such a range should be achieved with a fairly small battery pack.
“The biggest impact on the mass market car will be with smaller battery packs. My vision is could we get to six miles per kilowatt-hour? We’re at 4.6 now. Could we get to six miles per kilowatt-hour with a fast-charging infrastructure, with overnight charging? The electric car of the future only needs 250 miles. We don’t need 500-mile cars in the future, 10 years from now.
“If we could get six miles per kilowatt-hour and you only need 150 miles range, that’s a 25 kilowatt-hour pack. That’s a $4,000 pack particularly with a bit of industrializing scale and battery manufacture. That’s what we need to make a $25,000 car and that’s what the environment and the world needs urgently to get masses into electric cars. You need the $25,000 car. Now is Lucid going to make that? No. It’s a horrible thing to be making. But could we be the ‘intel inside’ for that car? The enabler? Absolutely. And that’s where we could get the multiplier effect,” Rawlinson said.
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Elon Musk
Texas township wants The Boring Company to build it a Loop system
The township’s board unanimously approved an application to The Boring Company’s “Tunnel Vision Challenge.”
The Woodlands Township, Texas, has formally entered The Boring Company’s tunneling sweepstakes.
The township’s board unanimously approved an application to The Boring Company’s “Tunnel Vision Challenge,” which offers up to one mile of tunnel construction at no cost to a selected community.
The Woodlands’ proposal, dubbed “The Current,” features two parallel 12-foot-diameter tunnels beneath the Town Center corridor near The Waterway. Teslas would shuttle passengers between Waterway Square, Cynthia Woods Mitchell Pavilion, Town Green Park and nearby hotels during concerts and large-scale events, as noted in a Chron report.
Township officials framed the tunnel as a solution for the township’s traffic congestion issues. The Pavilion alone hosts more than 60 shows each year and can accommodate crowds of up to 16,500, often straining Lake Robbins Drive and surrounding intersections.
“We know we have traffic impacts and pedestrian movement challenges, especially in the Town Center area,” Chris Nunes, chief operating officer of The Woodlands Township, stated during the meeting.
“The Current” mirrors the Loop system operating beneath the Las Vegas Convention Center, where Tesla vehicles transport passengers through underground tunnels between venues and resorts.
The Boring Company issued its request for proposals (RFP) in mid-January, inviting cities and districts to pitch local uses for its tunneling technology. The Woodlands must submit its application by Feb. 23, though no timeline has been provided for when a winning community will be announced.
Nunes confirmed that the board has authorized a submission for “The Current’s” proposal, though he emphasized that the project is still in its preliminary stages.
“The Woodlands Township Board of Directors has authorized staff to submit an application to The Boring Company, which has issued an RFP for communities interested in leveraging their technology to address community challenges,” he said in a statement.
“The Board believes that an underground tunnel would provide a safe and efficient means to transport people to and from various high-use community amenities in our Town Center.”
News
Tesla Model Y wins 2026 Drive Car of the Year award in Australia
The Model Y is already Australia’s best-selling EV in 2025 and the tenth best-selling vehicle overall.
The Tesla Model Y has been named 2026 Drive Car of the Year overall winner, taking the top honor after being judged as the vehicle that “moves the game forward the most for Australian new car buyers.”
The Model Y is already Australia’s best-selling EV in 2025 and the tenth best-selling vehicle overall, but the vehicle’s Juniper update strengthened its case with new ownership benefits and expanded software capability.
Drive’s overall award compares category winners and looks at which model most significantly advances the local new car market. In 2026, judges pointed to the Model Y’s five-year warranty and the availability of Full Self-Driving (Supervised) as a monthly subscription as key differentiators.
Priced from AU$58,900 before on-road costs, the all-electric crossover SUV offers a lot of value compared to similarly sized petrol and hybrid rivals. The ability to access Tesla’s Supercharger network across Australia also reduces friction for buyers moving to EV ownership.
Owners can add FSD (Supervised) for AU$149 per month. While it still requires driver oversight, the system expands the vehicle’s advanced driver-assistance capabilities and reflects Tesla’s software-first approach.
“The default choice for a reason. The Tesla Model Y makes the transition to electric both effortless and rewarding,” Drive wrote.
The 2025 Model Y facelift also sharpened the vehicle’s exterior, highlighted by a distinctive rear light bar that gives the crossover SUV a more modern road presence.
Drive described the Model Y as a benchmark for combining practicality, efficiency and technology at an accessible price point. With eligibility for federal Fringe Benefit Tax exemptions through novated leasing, its value proposition has improved for numerous buyers.
For 2026, the Model Y’s combination of range efficiency, charging access and software capability proved decisive. Ultimately, the award all but cements the Model Y’s position as one of the most influential vehicles in Australia’s evolving new-car market today.
Elon Musk
Elon Musk reiterates rapid Starship V3 timeline with next launch in sight
Musk shared the update in a brief post on X, writing, “Starship flies again next month.”
Elon Musk has confirmed that Starship will fly again next month, reiterating SpaceX’s aggressive timeline for the first launch of its Starship V3 rocket.
Musk shared the update in a brief post on X, writing, “Starship flies again next month.” The CEO’s post was accompanied by a video of Starship’s Super Heavy booster being successfully caught by a launch tower in Starbase, Texas.
The timeline is notable. In late January, Musk stated that Starship’s next flight, Flight 12, was expected in about six weeks. This placed the expected mission date sometime in March. That estimate aligned with SpaceX’s earlier statement that Starship’s 12th flight test “remains targeted for the first quarter of 2026.”
If the vehicle does indeed fly next month, it would mark the debut of Starship V3, the upgraded platform expected to feature the rocket’s new Raptor V3 engines.
Raptor V3 is designed to deliver significantly higher thrust than earlier versions while reducing cost and weight. Starship V3 itself is expected to be optimized for manufacturability, a critical step if SpaceX intends to scale production toward frequent launches for Starlink, lunar missions, and eventually Mars.
Starship V3 is widely viewed as the version that transitions the program from experimental testing to true operational scaling. Previous iterations have completed multiple integrated flight tests, with mixed outcomes but steady progress. Expectations are high that SpaceX is now working on Starship’s refinement.
An aggressive launch schedule supports several priorities at once. It advances Starlink’s next-generation satellite deployment, supports NASA’s lunar ambitions under Artemis, and keeps SpaceX on track for its longer-term Moon and Mars objectives.
Texas township wants The Boring Company to build it a Loop system
Tesla Model Y wins 2026 Drive Car of the Year award in Australia
