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business/news//The Independent
Toyota has had its Lexus brand for 36 years.
BYD has launched its Denza brand in Paris, focusing on the fastest-charging electric cars.
KEY POINTS
Lucid's Gravity won the 2024 World Luxury Car award, beating Volvo and Cadillac.
Lucid's next model, the Cosmos, will be a mid-sized EV rivaling the BMW iX3.
Lucid's technology is expected to appear in future electric Aston Martins.
Lucid's Cosmos may be built in Saudi Arabia at its new plant, backed by the Public Investment Fund.