Lucid, the American automaker identified for its luxurious mannequin, the Air, has launched its manufacturing and gross sales information for 2024. All year long, the corporate produced 9,029 automobiles and delivered 10,241. As compared, the earlier 12 months noticed 8,428 automobiles manufactured and 6,001 delivered, indicating a outstanding 71 % progress in gross sales total. Though manufacturing grew modestly, it did surpass Lucid’s goal of 9,000 automobiles.
Within the fourth quarter alone, Lucid was in a position to ship 3,099 automobiles, representing an 11 % improve from the third quarter and a considerable 78 % rise in comparison with the identical quarter final 12 months. This additionally exceeded analysts’ common estimate of two,637 items. In accordance with Reuters, the brand new quarterly supply document was largely attributed to cost reductions.
The vast majority of the automobiles offered are the Lucid Air, as solely a restricted variety of the upcoming Gravity electrical SUV have been delivered to workers and their households. The Gravity measures 5.03 meters lengthy and 1.66 meters excessive, and can initially be out there within the Grand Touring model. It boasts a strong 828 PS all-wheel drive with a spread of 450 miles in response to U.S. requirements, priced round €94,900 (roughly £76,000). Whereas particulars on storage capability stay undisclosed, Lucid has confirmed that the battery cells will likely be provided by Panasonic.
These upcoming 2170 cells characteristic an vitality density exceeding 800 watt-hours per liter and will likely be among the many first in large-scale use within the Gravity. The Lucid Air Pure additionally makes use of cylindrical cells from Panasonic.
The Gravity Grand Touring has spectacular acceleration capabilities, reaching 62 mph in about 3.5 seconds. Manufacturing commenced in December 2024 at Lucid’s manufacturing facility in Arizona. The Touring model will likely be out there for pre-order from late 2025 at a value of $79,900 (£65,000), additionally using the Panasonic 2170 cells. At the moment, these cells are manufactured in Japan, however future manufacturing is deliberate at a brand new Panasonic facility in Kansas.
In conclusion, whereas simply over 10,000 Lucid Air automobiles offered worldwide final 12 months could appear low, it is important to think about that this can be a luxurious electrical car in a difficult market section. For context, round 41,000 items of the extra established Porsche Taycan have been offered globally in 2023, with solely about 14,000 automobiles delivered by September of this 12 months, doubtlessly totaling round 19,000 by 12 months’s finish. In that gentle, Lucid Air’s gross sales figures seem moderately stable.
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