Lucid posts Q4 sales record, meets 2024 production forecast of 9,000
In 2024 as a whole, Lucid sales rose 71 percent to 10,241, and full-year production increased 7.1 percent to 9,029, the company said.
Lucid reports record quarterly vehicle deliveries, meets production target
Lucid Group on Monday reported record quarterly vehicle deliveries for the fourth quarter and confirmed production of more than 9,000 vehicles in 2024 — meeting a previously announced target.
Why Lucid Motors Stock Popped Monday Morning
Shares of Lucid Group ( LCID 5.78%) shot higher by more than 10% this morning after the company released its fourth-quarter electric vehicle (EV) delivery results. While it didn't hold all of its gains, the stock was still higher by 4% as of 11:35 a.m. ET.
Lucid stock pops on upbeat production and delivery figures
Lucid’s production and delivery numbers come as the EV industry reckoned with slower growth in 2024 after EV sales surged in 2022 and 2023. Even Tesla, the largest EV maker in the US, saw sales disappoint in the quarter, along with its first year-over-year decline in sales.
Lucid meets production target with 9,029 EV deliveries in 2024
Luxury electric vehicle startup Lucid produced and delivered a record number of electric vehicles in the fourth quarter and full year of 2024. Lucid
Lucid Group produced 3,386 vehicles, delivered 3,099 vehicles during Q4
Lucid Group (LCID) announced production and delivery totals for the quarter ended December 31, 2024. During this period, Lucid produced 3,386
Why Lucid Stock Jumped 38% in December
As a result, Lucid's stock jumped 38.5% in December, according to data provided by S&P Global Market Intelligence.
I may have taken a ride in the brand new Lucid Gravity SUV
The first Lucid Gravity SUV — the second all-electric vehicle in the company’s portfolio — rolled off the production line ...
Lucid Motors’ moment of truth nears as it readies launch of its first SUV, which drives farther than any Tesla on a single charge
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
Lucid to pay $258,000 settlement with terminated Arizona workers
At the same time that Lucid reached a settlement with several terminated workers, the luxury EV maker says it has ramped up ...
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Lucid Gravity uses 2170 cells from Panasonic
For its second Gravity model, Lucid Motors uses the latest generation of 2170 battery cells from Panasonic Energy, which ...
Lucid's Q4 Deliveries Soar To New Highs, Gravity SUV Sets Optimism For Coming Months
Lucid Motors on Monday reported fourth-quarter deliveries trumping expectations, sending its shares up 2.7% in pre-market ...
Great News for Lucid Stock Investors
Lucid (NASDAQ: LCID) is making steady progress in growing its business. Start Your Mornings Smarter! Wake up with Breakfast ...
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Lucid (LCID) is the first to earn the ‘Saudi Made’ badge on its EVs
The EV maker just secured another significant milestone as it looks to accelerate growth in 2025. Lucid (LCID) is ...