Electric luxury vehicle maker Lucid Group said it produced just over 7,100 vehicles in 2022, slightly more than expected. The company told investors in August to expect production of between 6,000 and 7,000 vehicles for the full year.
Lucid said in a statement that it produced 3,493 vehicles at its Arizona factory in the fourth quarter and delivered 1,932, bumping its total production to 7,180 for the full year. Lucid’s fourth-quarter production total was up 53% from the third quarter, when it produced 2,282 Air sedans and delivered 1,398.
Lucid warned in November that its delivery totals were likely to lag its production for the next few quarters as it worked through logistics challenges. The company delivered a total of 4,369 vehicles in 2022.
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