Lucid (LCID) plans to double EV production in 2025, despite tax prices


The Lucid Motors (LCID) reported early receipt on Tuesday, and confirmed its strategies in the production of over 2025. Despite the new tax collection, EV man expects to continue to build MosesMum in another quarter.

Lucid represents a 20,000 production goal in EV of 2025

In the first three months of 2025, Lucid brought 36,109 cars, pointing its fifth written record. The production of the company also builds, with 2,213 cars built on its plant in Casa Grande in Arizona. Some 600 others traveled to Saudi Arabia, where they will be combined in Lucid's AMP-2 new AMP-2.

During this time, the Lucid is a Track to move about 12,500 vehicles, easily adds 10,200 cars to be brought in 2024.

With its first electricity SUV, gravity, now they take out, Lucid ready to see more demand for the whole year.

Ad – Scroll More Contents

Lucid reported the first $ 235 million income, higher from a slightly up to $ 234,5 million in Q4 2024 and 35% increase in Q1 2024.

Despite high sales, the Developer EV cut its complete loss at $ 366 million from more than $ 680 million in the first 2024 quarter.

Lucid-EV-Production-2025
Lucid Q1 2025 FINANCE FINANCE OUTCOMES (Source: Lucid party)

Even more numbers, lucid is still expecting to produce cars around 20,000 cars in 2025, above the double 9,000 vehicles committed last year.

Like many vehicles, the lucid prepares Shakeup under Trump Administration, including a $ 7 500 Federal EV tax tax tax. Earlier today, Vander Republican Speaker Mike John John John John John John John said there is a “better opportunity to kill it than to save” during an interview.

Lucid-EV-Production-2025
Lucid Gravity Electric SuV Eterla Supercharger (Source: Lucid Motors)

The company said, “Performation of taxes, the provision of chains, and the uncertainty related to macroenconomic continues.”

Lucid finished the first $ 5.76 billion at the full amount of liquidity, which said it was sufficient for the second part of 2026, when it arranged to launch its existing Platform.

Lucid-Midize-EV-Suv
Lucid MidSite Electric Suev Teaser Image (Source: Lucid)

The former CEO Peter Rawlinson said this year when the Lucid's Midzeliseli Plan “Finally in competition directly to Nterla.” The first two cars are expected to be a electric SUV and sedan, starting $ 50,000, which can take part in the cause of Tesla for 3.

But first, it will focus on its new electric suv. The Lucid Gravenity Grand Touring is available to order to start $ 94,900 in miles up to 450 meters. Later this year, Lucid will introduce the low low touring trim, starting $ 79,900.

FTC: We use income that receives compatible auto links. More.



Source link

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top