The longest-range, quickest electric engine on the market, manufactured by Lucid Technologies, Inc. (NASDAQ: LCID), today released its manufacturing and delivery figures for the three months that ended Dec 31, 2022. At its Arizona production site, the firm built 3,493 vehicles in the fourth quarter and delivered 1,932 of them.
Every year, the firm manufactured 7,180 vehicles, above the 6,000–7,000 vehicle guideline range, and shipped 4,369 vehicles. On February 22, 2023, at 2:30 PT/ 5:30 ET, Lucid will have a conference call to announce its 4th quarter 2022 financial results. On its shareholder relations website, ir.lucidmotors.com, the firm will publish an earnings news release with a link to a live stream before the teleconference. Institutional and retail shareholders will be able to submit and vote on questions, and a selection of them will be addressed by the Lucid administration during the earnings call, thanks to a partnership between Lucid and Say Technologies. This will increase engagement with the industry’s shareholder base and make interconnection with its investors easier.
All shareholders may submit questions beginning on February 8, 2023, at 2:30 p.m. PDT/ 5:30 p.m. ET by going to the following website: https://app.saytechnologies.com/lucid-group-2022-q4. The Q&A section of this website will be accessible until 24 hours even before the beginning of the earnings release. For any support questions, shareholders can send an email to support@saytechnologies.com.
Regarding Lucid Group
By developing cutting-edge technology and the most alluring luxury electric vehicles that are centered all around the human experience, Lucid aims to stimulate the adoption of environmentally friendly energy. The company’s debut vehicle, the Lucid Air, is a cutting-edge luxury car with a Californian-inspired style and a full-size interior in a mid-size body. The Lucid Air Grand Touring, which is greatly anticipated, has 819 horsepower. Delivery of Lucid Air, that are made at Lucid’s plant in Casa Grand, Arizona, is now being made to clients in the United States, Canada, and Europe.
Contact for Investor Relations
investor@lucidmotors.com
Media Relations
media@lucidmotors.com
Trademarks
The trademarks, registered trademarks, trade names, and copyright of Lucid Group, Inc., its subsidiaries, and other businesses are contained in this message and are the of the respective owners. When Lucid releases its fourth-quarter financial results, the outcomes of its net income & cash flow will also be disclosed. Numbers for Lucid car production and delivery are merely one sign of the firm’s operating results, and they shouldn’t be used as the main gauge for quarterly financial consequences because they depend on a lot of other variables.
Future-looking remarks
According to the “safe harbor” clauses of the United States Investment Securities Arbitration Reform Act of 1995, this communication contains “forward-looking statements.” Words like “estimate,” “strategy,” “project,” “forecast,” “anticipate,” “will,” “shall,” “expect,” “believe,” “strive,” “target,” “continue,” “could,” “might have,” “might,” “possible,” “potential,” “predict,” or other similar expressions which predict or indicate future events or patterns or that are not declarations of historical matters are examples of forward-looking statements. These forward-looking statements pertain to Lucid’s anticipated production and delivery volume projection and the company’s finalized delivery and production totals for the quarter ending December 31, 2022, among other things.
These assertions are founded on several presumptions, whether or not they are included in this message, as well as the present management expectations of Lucid. Investors should not rely on these forward-looking statements as guarantees, assurances, or assertions of fact or likelihood since they are not intended to serve that purpose. Actual results might differ from such forward-looking predictions because they are challenging or impossible to foresee. Many real occurrences and situations are out of Lucid’s control. These forward-looking statements involve risks & uncertainties, including those disclosed in Part II, Article 1A of Lucid’s Quarterly Results on Form 10-Q for the fiscal quarter of September 30, 2022, under the title “Risk Factors.”
Actual outcomes might significantly differ from those anticipated by these forward-looking remarks if any of these risks come to pass or if Lucid’s assumptions turn out to be inaccurate. Actual outcomes can differ from those projected in the forward-looking remarks due to additional risks that Lucid is either unaware of at this time or currently considers to be insignificant. Additionally, as of this communication, forward-looking statements represent Lucid’s expectations, intentions, or projections of future events and viewpoints. Lucid expects that additional occurrences and developments will lead to changes in Lucid’s evaluations.
Lucid expressly disclaims any responsibility to update any forward-looking statements, though it may choose to do so in the future. These predictions should not be taken to represent Lucid’s opinions as of any date that is after the day of these communications. Consequently, the forward-looking statements should not be relied upon in excess.
