Lucid Group (LCID) Reports Q3 Deliveries of 1,398 EVs, Revenue of $195.5M, Reaffirms FY Guidance of 6K-7K Deliveries

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Lucid Announces Third Quarter 2022 Financial Results, On Track for Annual Production Guidance of 6,000 to 7,000 Vehicles

November 8, 2022 4:07 PM EST

Record quarterly production of 2,282 vehicles, more than triple Q2On track for annual production guidance of 6,000 to 7,000 vehiclesQ3 revenue of $195.5M driven by customer deliveries of 1,398 vehicles in the quarterStrong demand with over 34,000 reservations, representing potential sales of over $3.2BAnnounced plans to open Project Gravity SUV reservations in early 2023

NEWARK, Calif., Nov. 8, 2022 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today... More