Hyperdrive
Electric-Car Makers Bet New Yorkers Want Four-Wheeled Freedom
- Lucid Motors, Polestar open NYC showrooms to tap demand
- New Yorkers grow wary of trains and planes as pandemic spreads
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Two electric-car makers are opening Manhattan showrooms, betting the coronavirus will help spark demand in the U.S. city with the most car-free households.
Lucid Motors signed a 10-year lease for a showroom in the Meatpacking District, according to people familiar with the plans who asked not to be named talking about a private transaction. Polestar, a Volvo brand, is opening its first Manhattan pop-up, on Fifth Avenue and 59th Street near the Apple store, according to a spokesman for the firm. If all goes well, the company may stay there or find space elsewhere in Manhattan.