Lucid will host a conference call to discuss its fourth quarter and fiscal year 2021 financial results on Monday, February 28, 2022, at 2:30 pm PT / 5:30 pm ET. Prior to the conference call, the company will issue an earnings press release with a link to the live webcast on its investor relations website, ir.lucidmotors.com.
To enhance engagement with the company’s shareholder base and facilitate connections with its investors, Lucid is partnering with Say Technologies to allow retail and institutional shareholders to submit and upvote questions, a selection of which will be answered by Lucid management during the earnings call. Starting on February 21 at 2:30 pm PT / 5:30 pm ET, all shareholders can submit questions by visiting: https://app.saytechnologies.com/lucid-2021-q4/. This Q&A platform will remain open until 24 hours before the start of the earnings call. Shareholders can email support@saytechnologies.com for any support inquiries.
Recently, Lucid announced the official opening of its newest Studio location at Fashion Island in Newport Beach, CA. The company recently opened service centers in key markets including Costa Mesa, CA; Chicago, IL; and Houston, TX. This location, the 21st in a growing network of Lucid Studios and service centers, further expands Lucid’s presence in Southern California and throughout the country.
“Our latest series of openings help us further one of our core principles: delivering an ownership experience of the highest standard. We will continue to expand our physical presence in 2022 in order to introduce as many people as possible to the most advanced luxury EV in the world – all the while providing them with an unmatched customer experience.”
Zak Edson, Vice President of Sales and Service of Lucid
The company also announced the extending 3 years of unlimited charging for vehicles reserved before end of June. When you reserve a Lucid Air by June 30, 2022 you’ll get three years of unlimited charging with Electrify America’s coast to coast network. This partnership gives Lucid owners access to up to 350kW charging, making it possible to charge 300 miles in about 20 minutes. And when you consider that this growing network has over 800 charging stations and 3.500 ultra-fast DC chargers, it’s an offer that just keeps getting better — Lucid added.
Three weeks ago, Lucid Motors chairman told Bloomberg News that the EV maker is in talks with the kingdom to build a factory there by 2025 or 2026. “Now that we are successfully producing and selling cars in the U.S., our attention is turning to this factory here,” Lucid Chairman Andrew Liveris told Bloomberg Television at a mining conference in Riyadh. Specifics being worked out include ownership percentages for Lucid and partners on the project.
The company laid out an ambitious ramp-up on the IPO, estimating vehicle deliveries growing from 20,000 in 2022 to 251,000 in 2026 – with a revenue of $22.7 billion by then.