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October 17, 2023 9:51 AM
This helps me put things into perspective as far as production goes for EV startups.
Lucid built 1,550 vehicles and delivered 1,457 vehicles during Q3 2023. This brings the year-to-date production to 6,037 vehicles, with a total of 4,267 “Airs” delivered. Despite this progress, Lucid has been aiming to produce 10,000 luxury vehicles in 2023, achieving roughly 60% of its annual goal so far. Therefore, Lucid needs to manufacture approximately 40% more to reach its target of 10,000 vehicles in 2023.
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