According to a drone footage posted by “Bear’s Workshop” on Youtube channel, over 100 Lucid Air models were seen at the factory park. The company had, this week, its first physical recall due to a safety issue that may affect 1% of the 203 recalled — 2 or 3. Lucid will release its Q4 and 2021 Results next Monday, February 28th.
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The issue relates to motor vehicle safety and may “result in sudden loss of ground clearance, vehicle vibration and front brake line damage, increasing the risk of a crash”. The recall is the first one for the company that started delivering its first model in October 2021 and affects 203 vehicles produced this year. Although, the company says that the problem impacts only 1% of the recalled cars.
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.
Recently,the company inaugurated its newest Studio location at The Mall at Short Hills in Short Hills, New Jersey. This location serves as the 22nd in the company’s growing North American retail network. Lucid has 5 new studios planned to launch during the next months.
New Jersey has long sought to encourage new business growth as part of its electrification goals. Lucid looks forward to making further investments and hiring in the State as the legislature considers equitable treatment for consumers and electric vehicle manufacturers in alignment with those efforts — the company said.
