Lucid Motors set the record with the end of gravity sales and ends of tax credit

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Lucid Motors set a record 4,078 cars in the third quarter, probably backed by a group of attractive SUVs that reach the road and the rush of customers who benefit from expired federal tax credit.

The start starting up the Saudi luxury EV Away from the projections you used To go to public places in 2021 – a deal recorded by $ 4 billion. But Lucid Motors has witnessed the climbing of deliveries steadily over the past two years. The third quarter delivery numbers Advertise Monday Put a mark on the seventh quarter in a row in Lucid motors, an increase in sales.

Lucid motors was not alone in seeing a great bump in the third quarter in EV sales. Tesla recorded The best quarter in the history of the companyOld auto manufacturers such as Ford and Gres Motors have also witnessed great increases. Even Rivian, which is expected to be a worse total year for total EV delivery from 2024 or 2023, saw A batch in the third quarter.

Like Rivian, only customers who rented Lucid Motors were qualified to obtain Federal tax credit, which means that the expiration effect of its validity was difficult to determine. It is also not clear that the number of attractions that were delivered compared to the first model of the company, Air sedan. Lucid Motors will reveal full financial results for a quarter on November 5.

Lucid Motors has struggled to generate attention in favor of luxury EVS since it was publicly put in place in 2021, with former CEO Peter Rolinson publicly recognized that the company needed to enhance its marketing operations. Earlier this year, the company announced this Actor Timothy Chalithit To be the first “global ambassador”. The company also benefited Rent and rental sales of the company in some circlesTECHRUNCH previously mentioned.

Lucid Motors is also increasingly looking to the Kingdom of Saudi Arabia-which owns about 60 % of the company circulating to the public through the sovereign wealth fund-Xuq for its cars. On Monday, Lucid Motors said it built more than 1,000 cars specifically for the Saudi market. (The company is currently running a collection facility in the Kingdom, and plans to open a full factory there.)

Lucid has also closed the future demand from an unlikely customer: Uber.

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Uber announced last month Plan To buy at least 20,000 SUVs over the next six years and use them on their network. For that deal, Lucid Motors will integrate Nuro technology for independent vehicles in vehicles.



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