Image Credits: Lucid
Lucid has revised its 2023 production outlook amid softening demand for luxury electric vehicles, the company said Tuesday in its third-quarter earnings report.
The EV maker said it will produce 8,000 to 8,500 vehicles by the end of the year, down from previous guidance of more than 10,000, to “prudently align with deliveries.”
In the third quarter, Lucid delivered 1,457 of its luxury electric Air sedans, missing Wall Street expectations…
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