Lucid To Debut Limited Production Air Midnight Dream Edition At IAA Mobility
Portfolio Pulse from Anan Ashraf
Lucid Group Inc (NASDAQ:LCID) is set to debut its new limited production configuration of the Lucid Air, the Lucid Air Midnight Dream Edition, at the International Motor Show (IAA Mobility) in Munich. The vehicle, however, will only be available in Europe. Lucid will also start production of another limited-production vehicle, the Air Sapphire, in September and start customer deliveries in October.
September 05, 2023 | 3:58 am
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Lucid Group is debuting a new limited production vehicle, the Lucid Air Midnight Dream Edition, which will only be available in Europe. The company is also set to start production of another limited-production vehicle, the Air Sapphire, in September.
The debut of the new Lucid Air Midnight Dream Edition and the upcoming production of the Air Sapphire could potentially increase Lucid's market share in the EV sector, particularly in Europe. This could lead to increased sales and revenue, potentially positively impacting the company's stock price in the short term.
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