Lucid Motors reports success with its revolutionary EVs this past quarter.
With the Air and the upcoming Gravity, the manufacturer’s first all-electric SUV, Lucid Motors is at the forefront of the sweeping change of electrification, the revolution that is beginning to take over the entire automotive industry. The second quarter of 2024 is now in the books, and Lucid Motors is now celebrating great success and high production numbers for the period, highlighting its innovation and futuristic approach to automotive luxury.
Q2’s production number of 2,110 vehicles puts Lucid on track to achieve its goal of manufacturing 9,000 vehicles by the end of the year. In addition, 2,394 deliveries of vehicles in the quarter meant that Lucid improved on Q2 2023 regarding deliveries by 73.4 percent. Other achievements in the quarter include reported revenue of over $200 million, and a record-breaking efficiency of 5.0 miles per kilowatt hour achieved by the Air.
Looking forward to the second half of the year, Lucid Motors looks forward to launching the Gravity SUV, and achieving its target of producing 9,000 vehicles in 2024. As the year continues, Lucid Motors continues to prove that its unique approach to EV mobility has a place in the highly competitive market of today.
