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.
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.
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 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 Motors delivered more than 10,000 vehicles in 2024
US EV maker Lucid Motors has published its production and delivery figures for 2024. With 9,029 vehicles produced and 10,241 units delivered, the company
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
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Lucid Motors Sets New Sales Record in 2024, Shares Jump 8%
Lucid Motors sees a surge in shares after reporting strong sales, with plans for mass production of the Gravity SUV this year.