Lucid Motors to decrease full year 2022 production.

Auto Business News-August 5, 2022--Lucid Motors to decrease full year 2022 production

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Auto Business News - 05 August 2022

Lucid Motors, a United States-based electric vehicle manufacturer, is decreasing its full year 2022 production from 7,000 units to 6,000 units, Just Auto has reported citing a media report.

The automaker is taking this step due its supply chain issues and production and logistics problems. The company delivered more than 300 vehicles in the first quarter, and 679 in the second, according to Lucid CEO Peter Rawlinson. It attempted to expedite production but it started facing various issues.

The DetroitBureau has reported...

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