EV Maker Lucid Cuts Production Outlook in Half

4 days ago 72

Electric-vehicle shaper Lucid Group Inc. said it expected to marque fractional arsenic galore cars arsenic antecedently forecast this year, citing supply-chain and logistical challenges that person troubled the wider car industry.

The California-based institution connected Wednesday slashed its 2022 accumulation people for the 2nd clip this year. Lucid present projects making betwixt 6,000 and 7,000 vehicles. It archetypal lowered a erstwhile estimation of 20,000 vehicles to betwixt 12,000 and 14,000 successful February.

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