Lucid Motors reports a 7% decline in electric vehicle deliveries for the third quarter, bringing its total production to 2,954 units. The company continues to reduce its inventory levels while maintaining steady manufacturing output. Industry observers are watching closely as Lucid navigates market adjustments amid broader electric vehicle competition. The latest figures reflect ongoing efforts to balance supply with shifting demand in the high-end EV sector.
Lucid Q3 Deliveries Fall 7%, Builds 2,954 EVs as It Sells Down Stock eletric-vehicles.com