Lucid Reports Better-Than-Expected Fourth Quarter 2024 Deliveries

Electric car maker Lucid released its latest delivery data, showing that its deliveries in the last quarter of 2024 exceeded expectations. In the fourth quarter, Lucid delivered 3,099 vehicles, an increase of 11% month-on-month and a sharp increase of 78% year-on-year, exceeding analysts' expectations (2,637 vehicles) collected by Visible Alpha. In addition, production increased 42% year-on-year to 3,386 vehicles, exceeding analysts' expectations of 2,904 vehicles.