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Lucid says it will adjust EV production after supplier problems and rising inventory in the first quarter
Lucid Group says it will adjust electric vehicle production after a supplier issue significantly affected Gravity deliveries, leaving the company with elevated inventory at the end of the first quarter.
Key Takeaways
- Lucid ended Q1 with elevated inventory and plans to adjust EV production.
- The company said a supplier issue significantly affected Gravity deliveries.
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DT Editorial AI··via electrek.co