Expand
Updated
Lucid Motors delivered 3,806 electric vehicles in the third quarter, a decline of 6.7% compared to 4,078 deliveries in the same period a year earlier. The company produced 2,954 vehicles during Q3, down from 3,891 units in the prior year, as management aligned production capacity with current demand levels. The lower deliveries underscore continued demand challenges in the luxury EV segment and reflect Lucid's efforts to balance production with sales pace.
Sources:CNBC Top News