LONDON: Rolls Royce has revealed that its planned SUV, called Cullinan, will undergo testing in 2017, first in the Arctic Circle for cold weather testing and then in the Middle East. The vehicle will go on sale in 2018.
The company released pictures of Cullinan at the start of public testing.
This is the first SUV and the testing will ensure that it still delivers authentic Rolls Royce ride in all weather conditions.
The Cullinan will have an all-aluminum body and the platform will be used for the next generation Phantom.
The company is developing a new all-wheel drive system and new suspension for the Cullinan.
At the 2015 Frankfurt Motor Show, Rolls Royce chief Torsten Muller-Otvos revealed that the upcoming all-terrain vehicle would be launched in the first half of 2018.
The Cullinan is expected to be a best seller for Rolls Royce in the region and possibly globally.
Rolls Royce Cullinan to undergo testing next year
Rolls Royce Cullinan to undergo testing next year
Price cuts drive sales of Saudi-owned electric car
- Lucid delivers more vehicles than expected as it prepares to launch luxury new Gravity SUV
RIYADH: The majority Saudi-owned electric car maker Lucid delivered more vehicles than expected in the past three months as price cuts helped boost demand.
The company delivered 2,394 cars from April to June 30, above analysts’ predictions of 1,940.
Lucid produced 3,838 vehicles in the first six months of 2024 and needs to make more than 5,162 cars by end of the year to meet its annual output forecast of 9,000. It made 8,428 cars in 2023.
“I think at this point everything is shaping for them to achieve that,” said Andres Sheppard, senior equity analyst at Cantor Fitzgerald. Lucid will produce and deliver more cars in the second half of the year because of the usual seasonal effects on the industry, he said.
Demand for electric vehicles has grown more slowly than expected pace in the past year, under pressure from high borrowing costs, economic uncertainties and consumer preference for hybrid alternatives.
Lucid and the market leader Tesla have responded by slashing prices and offering incentives such as cheaper financing options. Lucid, which is 60-per-cent owned by the Public Investment Fund, the Kingdom’s sovereign wealth fund, cut the price of its flagship Air model by 10 percent in February.
Its new Gravity SUV model, a rival for Tesla's Model X, goes into production this year and will cost about $80,000.
