The US firm now expects to supply solely 8,000 to eight,500 electrical vehicles in 2023. In Might, Lucid had already decreased its manufacturing forecast for this yr from 10,000 to 14,000 to “greater than 10,000” automobiles.
Within the first three quarters of 2023, Lucid produced a complete of 6,037 EVs, so the corporate is anticipating round 2,000 to 2,500 extra automobiles within the fourth quarter. By comparability, manufacturing fell to 1,550 items within the third quarter.
Based on the just lately revealed quarterly report, Lucid Motors’ turnover from July to September was 137.8 million US {dollars}, in comparison with 150.9 million US {dollars} within the second quarter. Lucid decreased its internet loss in Q3 from 764 million to 631 million US {dollars} in comparison with Q2.
“We delivered on our commitments to finish the Lucid Air lineup on time with Pure RWD and Sapphire, transition basic meeting to our Section 2 manufacturing unit in Arizona, and open our first plant in Saudi Arabia. We acknowledge we nonetheless have work to do on our buyer journey and deliveries,” stated Peter Rawlinson, Lucid’s CEO & CTO.
The producer has now introduced the presentation of its second mannequin, the Gravity, for 16 November. The electrical SUV will go into manufacturing on the finish of 2024. Lucid additionally introduced the appointment of Marc Winterhoff as Chief Working Officer (COO) – a newly created place, by which Winterhoff will report back to Rawlinson from 4 December.
lucidmotors.com, ir.lucidmotors.com, lucidmotors.com (Winterhoff)