11 October 2024

Lucid Deliveries/Production : Q1-Q3 2023-24

Lucid's deliveries were up 91% for the Q3 period of 2024 to 2,781 units. This was in sharp contrast to production which was up just 16% at 1,805 units. 

I assume the leaning toward deliveries is reflective of the fact that stock levels need to be kept in check but it may be other factors at work.  

YTD deliveries are up to 7,142 and 67% compared to 4,267 in 2023. Even comparing three quarters of 2024 with a complete 2023 (6,001) as seen below deliveries have already been passed by 19% so the growth will be much higher once 2024 is completed. 

Production is currently down 33% but Q4 should bring that close to parity. It will be interesting to see how Q4 production goes. 

Data source: Lucid. 








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