Lucid tallies its results for 2024.
With a growing lineup that consists of some of the most innovative electric vehicles currently on the market, Lucid Motors is at the forefront of electrification in the automotive industry. Today, its Air sedan boasts incredible range and versions with groundbreaking performance, and the Lucid Gravity is the first SUV model to come from the California-based EV manufacturer.
The financial results for Lucid Motors have come in for the fourth quarter and the full year of 2024, and as the brand continues to grow in the electric vehicle realm, this past year’s results tell a story of continued growth and success for the young electric luxury car manufacturer. In line with its guidance number of 9,000, Lucid Motors produced a total of 9,029 vehicles in the full year, with 3,386 examples produced during the quarter.
3,099 vehicles were delivered by Lucid Motors during Q4 2024, and 10,241 vehicles were delivered during the full year. With the success that the brand experienced in 2024, including $234.5 million in revenue during the fourth quarter and $807.8 million in annual revenue, the brand has updated its guidance for 2025 for approximately 20,000 vehicles, showcasing optimism for the year ahead.
