Lucid Group lowers 2022 production forecast by around 30 percent

Lucid Group (NASDAQ: LCID) held its Q4 2021 Earnings Call last evening, where it revised its 2022 production forecast from around 20,000 vehicles to between 12,000 and 14,000 units this year. The adjustment was unforeseen as Lucid has been slowly but steadily ramping production of the Air, its first vehicle. However, the company’s call last … Continue reading Lucid Group lowers 2022 production forecast by around 30 percent