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Lucid Motors has deliberately reduced its electric vehicle output to its lowest level in almost two years, according to TechCrunch, as the company continues to struggle to generate mass-market demand despite years of effort. The pullback reflects ongoing financial and demand pressures facing the EV maker. The production cut underscores broader challenges in the EV startup sector as several manufacturers reassess growth plans amid softening consumer demand and intensifying competition.
Sources:TechCrunch