CCIV - Lucid Motors Is Still Targeting 577 Vehicle Deliveries in 2021
Lucid Motors continues to make steady progress toward the start of production for its Air sedan. The electric vehicle (EV) maker's merger with special-purpose acquisition company (SPAC) Churchill Capital IV (NYSE: CCIV) is also expected to close this quarter. Lucid CEO Peter Rawlinson had an interview on CNBC earlier this week to discuss the company's prospects.
Here's what Lucid Motors and Churchill Capital IV investors need to know.
Lucid Air is approaching the start of production. Image source: Lucid Motors.
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Lucid Motors Is Still Targeting 577 Vehicle Deliveries in 2021