Lucid sales surge 40% in Q1 after price cuts

Exciting news! πŸš—πŸ“ˆ Lucid’s Q1 sales jumped 40% after slashing prices, delivering 1,967 Air sedans and cutting the base price by $7,500 in February. #LucidMotors #EVs

The EV startup delivered 1,967 Air sedans in the first quarter and produced 1,728 after building up inventory last year. Lucid cut the price of its base Air by $7,500 in mid-February to spur demand.

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https://www.autonews.com/sales/lucid-q1-sales-surge-40-after-price-cuts