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Lucid reveals production and delivery numbers for Q3

ArenaEV
Lucid has revealed that it produced 2,954 vehicles during the third quarter of the year (July-September), and delivered 3,806 cars. Deliveries exceeded production because the company continued to execute its planned inventory reduction strategy, converting existing stock into customer deliveries. This strategy was announced before, with Lucid targeting a $1.4 billion improvement in cash flow this year. The company says… Read more…

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