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Lucid Motors’ EV output falls to lowest level in almost two years
Lucid Motors is facing significant challenges as electric vehicle production drops dramatically, with only 2,954 units built in Q3—a 54% decline from last year. Despite new leadership and strategic changes, the company continues to struggle...
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Lucid Motors is facing significant challenges as electric vehicle production drops dramatically, with only 2,954 units built in Q3—a 54% decline from last year. Despite new leadership and strategic changes, the company continues to struggle with oversupply and stagnant sales.
Full story and more reels: https://newsreel.video #news #breaking #LucidMotors #electricvehicles #EVproduction #automotive #businessnews
Originally reported by TechCrunch.
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