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Automakers

Lucid says on track to make 20,000 EVs next year; strengthens balance sheet

Lucid Air
The Lucid Air (RICHARD TRUETT)
EL
By:
ED LUDLOW
B
By:
Bloomberg
|
November 15, 2021 10:42 PM

EV maker Lucid Group Inc. strengthened its balance sheet to $4.8 billion cash in the third quarter and used its debut earnings statement to affirm its guidance to produce 20,000 vehicles next year.

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