Lucid Motors cuts production guidance, increases capital expenditures

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Luxury electric vehicle manufacturer Lucid Motors has cut its production guidance for 2022 as more reservations roll in, citing supply chain constraints as the company increases its anticipated capital expenditures. Lucid expects to produce between 12,000 and 14,000 vehicles this year, less than half of the installed production capacity of 34,000 vehicles of its plant […]





Source : AutoFinanceNews