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18 Oct
15:46

Lucid’s third-quarter EV production slows

Electric vehicle manufacturer Lucid Group produced just 1,550 vehicles during the third quarter, delivering 1,457 EVs during the period. Total production was down 28.7% compared to Q2 and down 32% compared to last year, according to the company’s initial Q3 results. Kallanish notes deliveries in Q3 were up 4%, staying in line with the volumes moved in the first and second quarters. Lucid also notes that more than 700 additional vehicles are being transporte…
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