LUXURY ON ELECTRICITY

Lucid Motors, an electric- car start-up, is developing a 1,000-horsepower luxury sedan which, it says, could rival the Tesla Model S and flagship offerings from MercedesBenz and BMW. The car, Lucid Air, will be produced in Newark, California, in its new headquarters double the size of its current one. The luxury electric car market is getting crowded with biggies Tesla and upstarts like Los Angeles-based Faraday Future all in the game.