Lucid produced 9,029 vehicles, in line with the 2024 annual production guidance of approximately 9,000 vehicles, and delivered 10,241 vehicles in 2024.
Battery-electric vehicles (BEVs) captured 15% of the market share in January, a notable rise from 10.9% in January 2024.
The electric vehicle market presented a mixed bag of results in January, with new EV sales volume down but market share hitting a record high, and the used EV market continuing its steady growth.
Rho Motion, the leading EV research house, today revealed that the number of electric vehicles sold globally in January 2025 is 1.3 million.
Demand continued to soar for used battery electric cars, rising some 57.4% to a record 188,382 units and achieving a new high for market share.
BYD kicked off 2025 with impressive plug-in vehicle sales, demonstrating continued growth in a competitive market.
Volvo Cars' sales of electrified models – fully electric and plug-in hybrid models – grew 17 per cent compared to the same period last year