Lucid Q4 deliveries declined 10.25%, yearly sales climbed 37.35% in 2023

Lucid today published the production and delivery results of Q4 and the entire 2023 including ups and downs in both of these sectors.

Lucid reported 2,391 units of production in Q4 and delivered 1,734 units during the same quarter. In Q4 2022, Lucid recorded 3,493 unit production along with 1,932 deliveries.

Throughout 2023, the EV maker produced 8,428 vehicles and delivered 6,001 vehicles. Compared to this, the company produced 7,180 units and 4,369 vehicle deliveries through 2022.

Loss and Gain:

Lucid declined about 31.55% in production and 10.25% in deliveries year over year in Q4 2023 as compared to the same quarter in 2022.

Its yearly production increased around 18% and deliveries increased 37.35% year over year in 2023 compared to a year earlier.

Earning Call:

Lucid will hold a conference call to discuss its Q4 2023 financial results on Wednesday, February 21, 2024, at 2:30 pm PT/5:30 pm ET. Before the conference call, the carmaker will issue an earnings press release with a link to the live webcast.

(source – Lucid)