Atieva turns into Lucid Motors with new teaser of its 900-hp electric sedan image

Until we get to see this promising luxury sedan in the metal we’re still going to be treating it like any other “vaporware” – as there are plenty of other electric startups looking to snatch the glory from Tesla and its ubiquitous Model S sedan.

The virtually unknown manufacturer has been around since 2007 and has former Tesla and Oracle employees, with the Silicon Valley wannabe electric manufacturer aiming to hit the market with a high-impact luxury four-door sedan. They could stand a chance though, because the development team is being led by ex-Tesla VP and Model S Chief Engineer, Peter Rawlinson, while financial backing from China’s Beijing Auto, Japan-based Mitsui, and Chinese technology magnate Jia Yueting. This week the company has also rebranded itself as “Lucid Motors” – but also, more importantly, they showcased a new series of teasers for their first product.

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Codenamed “Atvus,” the model is allegedly using a hulking powertrain complete with more than 900 horsepower (671 kilowatts) and a big 87-kWh battery pack with an estimated 300 miles (482 kilometers) of range. Reports are also talking about an even bigger battery options that would enable a driving range of up to 400 miles (644 km). this hardware is most likely an evolution of the one found inside the company’s Edna development mule, a Mercedes-Benz Vito-based electric van that has the 00 hp (671 kW) output.