Lucid Through Q3

Back in May, Lucid Group, which produces the magnificent Lucid Air line of electric vehicles, thought that it would produce from 12,000 to 14,000 of those vehicles in 2022.

But, as they say, stuff happens.

After delivering 679 vehicles in Q2 it adjusted its guidance to be at 6,000 to 7,000 for the year.

Lucid Air Sapphire. Starts at $249,000. (Image: Lucid)

It just announced its Q3 production figures, which had 2,292 vehicles built at its plant in Casa Grande, Arizona.

So far this year it has built 3,697 vehicles.

To reach 6,000 units it would need 2,303 more.

That seems eminently do-able.

While the numbers are small, the Airs start at $87,400 and go north of $249,000.

Bigger numbers would be better. But in that context, small isn’t bad.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s