Lucid Motors marked a significant milestone with its third consecutive quarter of record deliveries, achieving a 91% increase in sales, reaching 2,781 delivered units.
The rise in sales can be attributed to a healthy average manufacturer discount of $19,403 and the application of a federal tax credit for leasing, enhancing affordability.
While other automakers offer diversified portfolios, Lucid remains focused on the high-end market with its sole model, the luxurious Air sedan, reflecting a unique but risky strategy.
Despite significant growth, Lucid's production and delivery numbers are still modest compared to automotive giants, revealing a critical juncture for the young company.
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