Using Lucid has brought a lot of change in the way that I do things in the workplace. PROS: I am an old school type of person, so I'm not that familiar with other apps that can help me create visual reports quickly. Aside from creating attractive flow charts and diagrams, exporting them in various standard file formats or publishing them to several online document viewer isn’t a problem. Adding to Lucidchart’s vaunted ease of use is its seamless integrations with many of the world widely used and equally popular business systems and applications, such as Google Apps, Google Drive, JIVE, Atlassian, and more.
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This popular, online diagram software is adaptable to your workflows, which means you do not have to modify the way you work to incorporate Lucidchart to your system.
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Lucidchart is so friendly that sketching and sharing professional flowchart diagrams is a breeze.
And you do not need to be a graphic artist or a professional designer to fully utilize the system. What Lucidcharts basically provides you is a platform that enables you to create attractive and professional looking diagrams for almost everything you need for work – business presentations, organization charts for the workplace, even emergency-exit illustrations. With Lucidchart, people have a powerful and reliable diagram and chart making platform that offers smooth user experience and a short learning curve, ensuring that they get the most from the system almost immediately from the get go. Until it breaks that trend, there's reason to believe it can hit its 2022 goals, and beyond that, scale production while sustaining an over-20% gross margin (similar to Tesla).Making diagrams to convey ideas, present structure and organization, and create project plans and maps has long been an effective practice for independent professionals to small businesses to large enterprises. The company hit its production and delivery targets. What Lucid has done better than Nio or Rivian is stuck to its schedule. For that reason alone, the company that has the best chance to become the next Tesla could be Lucid. Tesla's success stems from its technological edge. With a three-year advantage over Lucid and Rivian, Nio is a good bet for investors that value experience over potential. Nio has hit some supply chain snags, but the company is facing a lot of optimism on the way to Nio Day 2021 in mid-December. By comparison, Lucid plans on delivering just 20,000 vehicles in 2022, and Rivian has about 55,000 reservations for its R1T truck and R1S SUV and has an annual production capacity of 150,000 units at its plant in Illinois.
Unlike Lucid and Rivian, which have yet to achieve sizable deliveries, Nio delivered 10,628 vehicles in September alone, and has now delivered over 142,000 vehicles in total. Until management proves it can efficiently allocate the capital it's been given, there are simply too many question marks facing Rivian at this time.īefore Lucid and Rivian hit the scene, it was Chinese electric car maker Nio that was getting the bulk of "FOMO" (fear of missing out) attention from EV investors. There's still a long laundry list of unchecked boxes that it needs to fill - the first being sustaining mass customer deliveries. However, it is completely unproven as a public company. Rivian's brand image is like if REI and Jeep got together and made electric trucks and SUVs.įlush with $12 billion in cash, Rivian has the makings of greatness. But Rivian is hoping to distance itself from the competition as much as possible by tapping into the outdoor community. The R1T has an estimated range of 314 miles and a towing capacity of 11,000 pounds. For comparison, the Ford F-150 Lightning has an estimated range of 230 miles (300 miles for the extended range version) and a towing capacity of around 10,000 pounds. Like Lucid, Rivian's specs are impressive. Roughly a third of the company is owned by Amazon (20%) and Ford Motor Company (12%). Lucid may be crowned the king of range, but Rivian is doing everything it can to limit its competition and tap into what it thinks will be a ripe subsector of the EV market. The efficiency of its battery pack should translate well to the lower-priced trims of the Air, as well as future models. The Lucid Air was named the 2022 MotorTrend Car of the Year largely due to its over-500-mile range and over-1,100 horsepower. Aside from a management team stacked with past experience at Tesla, Apple, and other major tech and financial firms, what Lucid has going for it more than anything else is some incredible battery technology that's built completely in-house.
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