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Posted January 31, 2022 News

Industry Outlook: Lotus

What does the future have in store for the British-based, Chinese-backed automaker?

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The fully electric Ford Explorer is the future of the Blue Oval’s European plans. Set to be built at the firm’s Cologne, Germany plant, the Explorer EV actually uses a chassis from VW. Ford received the MEB platform for its electric Explorer in exchange for helping Volkswagen with the second-gen Amarok pickup (which shares much in common with the Ranger underneath).

Meet the Ram 1500 REV, the latest mainstream all-electric pickup truck. Set to go into production in late 2024, the 1500 REV is a direct rival to the Ford F-150 Lightning, Chevy Silverado EV and GMC Sierra EV. Although specs have not been confirmed, Ram previously stated that it was targeting a range of up to 500 miles. Furthermore, the 1500 REV’s STLA Frame architecture can support battery packs between 159 kWh and 200 kWh in size. Thoughts?

Disappointingly the five-seat Tesla Model Y will not qualify for the $7,500 Federal Tax Credit. Under new rules, the tax credit will apply to any sedan/crossover worth less than $55,000 and any SUV/pickup worth under $80,000. However, the IRS has decided to class the five-seat Model Y as a sedan for whatever reason. Hence it doesn’t get any tax credit as it starts at $65,990. However, the seven-seat version is classed as an SUV and gets the full $7,500 credit. Meanwhile, the Model 3 RWD gets the tax credit however the $62,990 Performance does not (the Long Range is currently not available to order in the US). Thoughts?

Lexus has released new photos of its ‘Electrified Sport’ concept. Considered by many to be a spiritual successor to the mighty LFA, the electric supercar aims to capture “the company’s intention to build electrified cars with an authentic performance dimension” according to Lexus.

The US-spec Hyundai Ioniq 6 has been revealed. The entry-level Ioniq 6 for the American market gets a single-motor powertrain and 225 hp. Buyers can choose to upgrade to a dual-motor layout which results in a power boost to 320 hp. The latter can also launch from 0-60 mph in just 5.1 seconds. Both variants are powered by a 77.4 kWh battery pack. In terms of range, the single-motor version is good for 340 miles (EPA) meanwhile the dual-motor Ioniq 6 has a still impressive 310-mile EPA estimate.

Lucid Motors has revealed the Air Sapphire, the ultimate version of the startup’s flagship sedan. The Sapphire has three motors, over 1,200 hp and can sprint from 0-60 mph in just 1.89 seconds (making it quicker than a Tesla Model S Plaid). It also has a top speed of 205 mph, marginally higher than the Plaid’s 200 mph limit. Production of the limited-run Sapphire will begin in the first half of 2023, with US pricing starting at $249,900. Thoughts?

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