Lucid Motors is forced to raise the prices of the Air. The EV builder makes this known in the first quarterly report of this year. In order to achieve the targets for this year, Lucid Motors will have to work hard in view of the quarterly figures.
12,000 to 14,000 cars. That’s the number of Airs Lucid Motors aims to have produced by the end of this year. The flag is currently not in favor of this objective, as Lucid Motors delivered 360 units of the Air in the first quarter of this year. While that’s double from the fourth quarter of last year, that number is still not the peak. Lucid Motors took in $58 million (€55.2 million) in sales through the episodes. The net loss at $81 million (€77.1 million) is also a lot lower than the red figure of $747 million (€711 million) from the same period last year. In addition to the numbers…
Read more…