Dec. 15 — Lucid Motors is recruiting staff in China, after the US electric vehicle maker kicked off a plan to enter the Chinese market as early as next year. |Source : (Yicai Global) |
Keep note : Lucid has not mentioned china once in earnings and have not referred China in any transcripts.
Lucid Motors recently posted job adverts on a Chinese social media platform for positions including software and localization engineers, public policy and legal counsels, and others in the digitalization, logistics, supply, and residential charging product fields. The New Jersey-based firm hired a human resources head for China in May.
The automaker will build new factories in China and the Middle East in around 2025, Chief Executive Peter Rawlinson said in November last year.
Based on Tesla development EV startups need to reach annual sales of 30,000 to 40,000 units to to survive and 70,000 to 100,000 to start making profit.
