EV Startup Lucid Aims to Nearly Double Production in 2023
Electric-vehicle maker Lucid Group Inc. said it aims to produce up to 14,000 vehicles this year, nearly doubling its 2022 total but falling short of analyst expectations.
Chief Executive Peter Rawlinson on Wednesday said the forecast for production reflected economic concerns for the year. “We elected to go for a range I believe is representative of the degree of uncertainty in the marketplace,” he said.
Electric-vehicle maker Lucid Group Inc. said it aims to produce up to 14,000 vehicles this year, nearly doubling its 2022 total but falling short of analyst expectations.
Chief Executive Peter Rawlinson on Wednesday said the forecast for production reflected economic concerns for the year. “We elected to go for a range I believe is representative of the degree of uncertainty in the marketplace,” he said.
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