Electric luxury-car maker Lucid produced more vehicles in 2022 than expected
Publishing timestamp: 2023-01-12 14:02:09
Summary
Lucid Group, an electric luxury vehicle maker, produced 7180 vehicles in 2022, slightly more than expected. The company had originally expected to build 20000 of its Air electric luxury sedans in 2022 but it was forced to lower that target twice due to global supply chain disruptions. Lucid's shares gained nearly 5% following the news. The company will report its fourth-quarter and full-year financial results on Feb. 22.
Sentiment: POSITIVE
Tickers: LCID,
Keywords: climate, electric vehicles, business, lucid group inc, earnings, business news, technology, transportation,
Source: https://www.cnbc.com/2023/01/12/lucid-lcid-2022-ev-production-exceeds-expectations.html