Financial News

Lucid Says it Will Launch Sales of its New SUV Before This Year’s End

Lucid Motors (NASDAQ: LCID) is preparing for the release of its highly expected all-electric Gravity SUV, scheduled to debut before the end of the year. The new model comes at a time when the company is celebrating significant sales growth, thanks to the success of its Air sedan.

As per Automotive News, Lucid has been breaking its own sales records for three straight quarters. In the third quarter of this year, the company delivered 2,781 of its Air sedan, marking its best performance yet. The total number of cars delivered in 2024 has now reached 7,142. In contrast, Lucid only managed to…

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