Lucid, one of many firms that appears prefer it might have the very best likelihood to probably subject a real all-electric competitor to Tesla’s Mannequin S, is shifting its headquarters to a brand new facility in Newark, California — one with twice the area of its present base of operations in Menlo Park.

The brand new headquarters is meant to offer Lucid room to develop because it prepares to launch its Lucid Air, the primary automobile from the corporate. The Lucid Air is a four-door sport sedan with a high pace of greater than 235 mph, energy output equal to 1,000 horsepower and a goal launch date of someday in 2019.

Lucid’s objective with the automobile is to design one thing that may stand by itself, as a substitute of simply matching up favorably in a comparability chart with the Mannequin S. The corporate designed the car from the bottom up with a shared use mannequin in thoughts, making a luxurious car that’s additionally appropriate for a collaborative consumption car-sharing future supplemented by autonomous car expertise.

The automaker nonetheless cites the “subsequent two years” as a “defining interval” for the route and product improvement, so it sounds prefer it’s nonetheless on observe to make the Air occur within the 2019 timeframe. It’ll have some heavyweight firm, nevertheless — that’s the identical goal Tesla is capturing for with its $200,000 new Roadster.

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