Get in-depth info on the 2023 Lucid Air including prices, specs, reviews, options, safety and reliability ratings.
Group posted a near-4% sequential increase in deliveries for the third quarter after the electric-vehicle maker offered a promotional price to aid demand for its
The carmaker produced 1,550 vehicles and delivered 1,457 units in the third quarter ended Sept. 30, compared with the 2,173 vehicles it made and 1,404 delivered in the three months to June. Higher interest rates have caused a broader slowdown in electric-vehicle demand. Lucid, which went public through a SPAC deal in July 2021, said on Tuesday more than 700 additional vehicles were in transit to its new plant in Saudi Arabia for final assembly.
The company had said in August it was on track to produce 10,000 vehicles this year, and would need to make about 4,000 cars in the fourth quarter to meet its target.
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