Lucid Reports Quarterly Production and Delivery Numbers

Lucid Motors reported its third-quarter production and delivery numbers, with a total of 6,209 vehicles produced and 4,430 vehicles delivered to customers. This marks a significant increase from the second quarter, when the company produced 3,194 vehicles and delivered 1,326 vehicles.

The increase in production and deliveries comes as demand for electric vehicles (EVs) continues to grow, driven in part by higher oil prices. Lucid's luxury EV, the Air, has received positive reviews for its range and performance.