Luxury EV startup Lucid Motors modified its yearly manufacturing goal again, decreasing it to an anticipated output of between 6,000 and seven,000 automobiles, the corporate introduced at present. That’s solely a fraction of the 20,000 vehicles that Lucid initially promised to ship in 2022. The Tesla competitor has solely produced 1,405 automobiles thus far this 12 months, giving it a mere 4 months to construct hundreds of recent vehicles.
Supply chain woes and a scarcity of elements and uncooked supplies are guilty for the gradual output, the corporate claims. In a name with buyers, the California-based firm’s CEO Peter Rawlinson said it’s planning quite a lot of structural adjustments to amp up manufacturing. “Our revised production guidance reflects the extraordinary supply chain and logistics challenges we encountered,” stated Rawlinson. “We’ve identified the primary bottlenecks, and we are taking appropriate measures – bringing our logistics operations in-house, adding key hires to the executive team, and restructuring our logistics and manufacturing organization.”
On high of ongoing manufacturing struggles, this May the corporate was pressured to recall all of its 2022 Air EVs because of wiring points — a complete of over 1,000 vehicles. Such challenges have not appeared to affect demand for the posh automobiles. So far, there have been 37,000 reservations for Lucid Motor’s all-electric sedan, the Lucid Air, the corporate disclosed within the . On high of that, Lucid plans to promote over 100,000 vehicles to the federal government of Saudi Arabia — which poured over into the corporate and owns a 62 % stake.
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