Lucid Group Reports its Q1 Earnings and Deliveries of 360 Lucid Air Sedans in 2022, the Company is Also Hiking Prices on June 1

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Lucid Group Reports its Q1 Earnings and Deliveries of 360 Lucid Air Sedans in 2022, the Company is Also Hiking Prices on June 1

​Luxury electric car maker Lucid Group, Inc. announced financial results for its first quarter ended March 31, 2022. The results suggest that Lucid will face an uphill battle to reach its delivery goals in 2022 as the company deals with supply chain issues and the rising costs of raw materials. Lucid reported Q1 revenue of $57.7 million and deliveries of just 360 vehicles to customers in the first quarter.

Lucid Group Reports its Q1 Earnings and Deliveries of 360 Lucid Air Sedans in 2022, the Company is Also Hiking Prices on June 1

2022-05-06 11:03

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