Lucid Motors is officially ahead of schedule, $350m is being expedited to combine phase 2 and 3 expansion of the Arizona facility into 1. Lucid have completed the pre-production run of the Lucid air and are onto final quality control.

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Lucid Motors are on track to manufacture around 500 vehicles in 2021, 20,000 in 2022 and up to 50,000 in 2023 after accelerating the expansion of the facility in Arizona.

A separate production line is also being made for the project gravity, meaning Lucid Air production numbers wont fall, and additional money is being spent on design and performance of the Project Gravity.

Lucid have also completed their pre production run of the lucid air and are now on to a final quality control run before vehicles are sent to their final customers.

All of this is great news for the CCIV stock!

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