Lucid Motors has announced a significant milestone, delivering 10,241 electric vehicles in 2024, surpassing its production target of 9,000 units. In the fourth quarter alone, the luxury EV maker produced 3,386 vehicles and delivered 3,099. Compared to 2023, this marks a 7% increase in production. The company’s performance comes amid a slowdown in sales for competitors like Tesla, highlighting the growing competition in the EV market. Lucid's future success hinges on the upcoming launch of its Gravity SUV, following the Air lineup's initial struggles.