Lucid set such big targets for 2022. It had previously expected to construct 20,000 automobiles this year. However, owing to supply chain challenges and a lack of components, the aim was reduced to between 12,000 and 14,000 units, and then again to between 6,000 and 7,000 units. Lucid, on the other hand, ended up exceeding its yearly projection.
According to the company, it constructed 7,180 cars in 2022 and delivered 4,369 of them. It manufactured 3,493 automobiles (a 53 percent increase over the previous quarter) and delivered 1,932 during the October-December period. In December, the business began shipping the Lucid Air to Europe.
When Lucid releases its fourth-quarter financial results on February 22nd, we’ll learn more about what this implies for the company’s bottom line. In any event, exceeding yearly forecast, even after dramatically lowering the aim, is an indication that the manufacturer is addressing its manufacturing challenges. Meanwhile, Lucid will shortly begin accepting orders for its Gravity electric SUV, with deliveries beginning in the United States and Canada in 2024.
