Launch luxury EV Lucid Motivation to change annual production target again, the company announced today, lowering it to an expected production level of between 6,000 and 7,000 vehicles. That’s just a fraction of the 20,000 cars Lucid promises to deliver by 2022. Tesla Competitors have only produced 1,405 vehicles so far this year, taking only four months to produce thousands new car.
Related: Reviews on Lucid Air First Drive | The new kid in town beats everyone
The company claims that supply chain troubles and shortages of parts and raw materials are responsible for the slow output. On a call with investors, the California-based company’s CEO, Peter Rawlinson speak it is planning some structural changes to increase production. “Our revised manufacturing guidance reflects the unusual logistics and supply chain challenges we face,” said Rawlinson. “We’ve identified key bottlenecks and we’re taking the appropriate measures – bringing our logistics operations in-house, adding key staff to our operations and re-engineering teams.” our logistics and production structure.”
In addition to the ongoing production struggles, this May, the company is forced to Recall all of its 2022 Air EV do wiring problem – a total of more than 1,000 cars. Such challenges do not appear to affect demand for luxury car. To date, there have been 37,000 reservations for Lucid Motor’s all-electric sedan, Lucid Aircompany disclosed in . On top of that, Lucid plans to sell more than 100,000 cars to the Saudi government – which has already poured in into the company and owns 62% of the shares.
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