Lucid has recently released its EV sales report for the first quarter of 2023 where it has delivered 1406 EVs where it has produced 2,314 EVs in this first quarter.
According to the Lucid reports it has received over 28,000 reservations for its EVs in the Q1 of 2023. But it seems like the lucid production rate has become slow which will able to produce way less EVs than its EV demand and reservation in the market.
As we know that lucid EVs are luxurious and high-performance which is compatible with any other brand of high-performance EVs. So, we can expect to make the best possible product Lucid has to take some time for quality product.
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Also lucid has to be layoff some of its jobs to reduce expenses which seems like Luid has trying to reduce the production cost and also reduce the price of its EVs whereas its competitor Tesla has been reducing its EVs price rapidly several times this year.
Overall Lucid has one of the best EV manufacturers in the world which is one of high performing EVs. So, let us know in the comment below what you think about this lucid EV and its sales in Q1 of 2023.