E-nnovation with Alejandro Agag, Chairman of Formula-E Future Investment Initiative 2019 Day 3

The discussion between Alejandro Agag, Chairman of Formula-E Holdings, and Peter Rawlinson, CEO and CTO of Lucid Motors, covers the launch of Extreme E, a new global racing championship for electric SUVs. The championship aims to race in locations affected by climate change, such as the Amazon rainforest and the Arctic, to raise awareness about environmental challenges and promote sustainable mobility. Peter discusses Lucid Motors' mission to inspire the adoption of sustainable mobility through their electric car, the Lucid Air, which offers exceptional range and performance. The conversation delves into the pivotal role of battery technology in the electric car industry, emphasizing the need for significant advancements in battery technology to address challenges such as price and range anxiety. Additionally, the discussion highlights the potential investment opportunities in the electric car industry and the collaborative efforts to advance road car technology through racing programs.