Lucid Motors Q2 2024 Earnings Call

from Kilowatt: A Podcast about Electric Vehicles · host 918Digital

Description:In this episode, we review Lucid Group's Q2 2024 earnings conference call with CEO Peter Rawlinson and interim CFO Gagan Dhingra. Key takeaways include a record 2,394 vehicle deliveries, marking a 21.7% quarter-over-quarter and 70.5% year-over-year increase, fueled by rising demand in North America. Rawlinson highlights advancements in production capacity aimed at 9,000 units by year-end and underscores significant brand awareness gains. We discuss the efficiency milestone of five miles per kilowatt-hour achieved by the Lucid Air Pure, as well as the first body shell rollout for the upcoming Lucid Gravity. Lucid's competitive technological advantages and the ongoing partnership with Aston Martin in electric vehicle development. Support the Show:PatreonAcast+New Podcast:Beyond the Post YouTubeBeyond the Post PodcastNews:Lucid's Q2 2024 Earnings Call*ART PROVIDED BY DALL-eSupport this show http://supporter.acast.com/kilowatt. Hosted on Acast. See acast.com/privacy for more information. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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This episode is 33 minutes long.

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This episode was published on August 16, 2024.

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