Lucid Produced 3,493 Vehicles in Q4 2022 and 7,180 in the Full Year 2022, Exceeding Annual Guidance

Lucid Group released vehicle production and delivery figures for the fourth quarter and full year 2022 today, revealing significant progress in both cases.

| SOURCE |

  • 3,493 Vehicles Produced in Q4, up 53 Percent Sequentially
  • 7,180 Vehicles Produced in 2022, Exceeding Guidance of 6,000-7,000 Vehicles
  • Set to Report Fourth Quarter Financial Results on Wednesday, February 22, 2023

NEWARK, CA — January 12, 2023  Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced production and delivery totals for the quarter ended December 31, 2022. The company produced 3,493 vehicles during Q4 at its manufacturing facility in Arizona and delivered 1,932 vehicles during the same period.*

On a full-year basis, the company produced 7,180 vehicles, exceeding provided guidance range of 6,000-7,000 vehicles, and delivered 4,369 vehicles.

Lucid will host a conference call to discuss its fourth quarter 2022 financial results on Wednesday, February 22, 2023, at 2:30 pm PT / 5:30 pm ET. Prior to the conference call, the company will issue an earnings press release with a link to the live webcast on its investor relations website,ir.lucidmotors.com.

EV Evangelist, Passionate About Electric Vehicles/Mobility. Tune in on X : @HDEONEV