Lucid updates on deliveries and raises prices effective June 1—but no price hike for reservation-holders

Lucid Air Grand Touring PerformanceAs part of a quarterly update Thursday, Lucid confirmed a price hike across its model line, and it confirmed that it’s still on track for producing 12,000 to 14,000 vehicles by the end of the year. During the first quarter of 2022, Lucid delivered 360 vehicles—up from 125 in the fourth quarter of 2021. And perhaps confirming that the...