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Lucid Group Inc. has reported its manufacturing and supply figures for the fourth quarter of 2022. In This fall, the corporate manufactured 3,493 Lucid Air sedans at its facility in Arizona. A complete of 1,932 of those automobiles have been delivered throughout this era.
Lucid additionally famous that for the whole 12 months of 2022, it was capable of produce a complete of seven,180 automobiles. This surpassed the corporate’s adjusted manufacturing aim of 6,000 to 7,000 automobiles for 2022, which was posted August final 12 months. Full-year deliveries for the Lucid Air have been posted at 4,369 items.
Whereas Lucid exceeded its manufacturing steering for 2022, it must be famous that the corporate had diminished its targets twice in the course of the 12 months. The corporate initially aimed to fabricate 20,000 Lucid Air sedans in 2022, however these targets have been adjusted in February, as famous in a CNBC report. By then, the corporate famous that it was seeking to produce 12,000-14,000 automobiles in 2022.
These targets have been adjusted once more in August, when Lucid acknowledged that it was simply seeking to produce 6,000-7,000 automobiles by the tip of 2022. It was these targets that Lucid Motors exceeded in its lately launched report.
Lucid will maintain a convention name to debate its fourth quarter 2022 monetary outcomes on February 22, 2023 at 2:30 pm PT/ 5:30 pm ET. Previous to the decision, the corporate will launch an earnings press launch which can embrace a hyperlink to the stay webcast on its investor relations web site, ir.lucidmotors.com.
Much like Tesla, Lucid would even be taking questions from shareholders utilizing Say, an investor communications platform. “To boost engagement with the corporate’s shareholder base and facilitate connections with its traders, Lucid is partnering with Say Applied sciences to permit retail and institutional shareholders to submit and upvote questions, a collection of which shall be answered by Lucid administration in the course of the earnings name,” Lucid famous.
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