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Lucid Motors’ EV output falls to lowest level in almost 2 years

The company is deliberately limiting production after years of struggling to find mass-market demand for its EVs.
Lucid Motors built 2,954 electric vehicles (EVs) in the third quarter of this year, a 54% drop from a year ago, as the company purposely limits production to better meet demand for its EVs. This was the third straight quarter in which the number of EVs Lucid built has declined. It’s also the lowest quarterly output since the first…
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