Lucid shows off new motorsports electric drive unit
Igor Kutyaev

Lucid Group (NASDAQ:LCID) unveiled its new electric drive unit for motorsports on Wednesday.
The electric vehicle maker said the groundbreaking unit can already be found on the race circuit as the standard front drive unit for the world's leading single-seater electric racing series.
Comprising motor, inverter, differential and transmission all combined, the new motorsports drive unit produces 469 horsepower â despite a weight of only 70.5 pounds. The unit is capable of a max rotor speed of 19,500 rpm.
"With incredible power density of 14.7 hp/kg and immense energy recuperation, this drive unit will once again transform electric motorsports, following in the footsteps of our revolutionary battery pack in prior race seasons," noted Lucid CEO Peter Rawlinson. "This new motorsports drive unit builds directly upon the groundbreaking powertrain technology developed in-house by Lucid and proven on the road in every Lucid Air, " he added. 
Shares of Lucid Group (LCID) fell 2.09% in premarket trading on Wednesday.
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