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Every Lucid Group Investor Should Keep an Eye on This Number
Electric vehicle (EV) investors who have chosen to hitch a ride with Lucid Group (NASDAQ: LCID) have a lot of facts and figures to keep track of, from the number of vehicles produced to the number of vehicles delivered to all the data found in the financial statements.But Lucid investors will want to remain clear about one figure in particular in the coming months -- an especially important data point for a growth company such as this.Logging a 74% year-over-year gain in vehicle deliveries for 2024, Lucid deserves recognition for winning over customers with its luxury EVs. The company, however, is driving hard toward achieving further growth as it expands its product lineup. Notably, Lucid plans to offer three midsize models, with the first expected to start production in late 2026.Continue reading
Electric vehicle (EV) investors who have chosen to hitch a ride with Lucid Group (NASDAQ: LCID) have a lot of facts and figures to keep track of, from the number of vehicles produced to the number of vehicles delivered to all the data found in the financial statements.
But Lucid investors will want to remain clear about one figure in particular in the coming months -- an especially important data point for a growth company such as this.
Logging a 74% year-over-year gain in vehicle deliveries for 2024, Lucid deserves recognition for winning over customers with its luxury EVs. The company, however, is driving hard toward achieving further growth as it expands its product lineup. Notably, Lucid plans to offer three midsize models, with the first expected to start production in late 2026.
