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Lucid Group Inc. (NASDAQ:LCID), during its first-quarter 2026 earnings call on Tuesday, said that its sub-$50,000 midsize EV could help the automaker increase volumes in the market.
Sub-$50,000 EV
Lucid’s interim CEO, Marc Winterhoff, shared that the automaker plans to “ramp up midsize vehicle production in 2027,” targeting reduced costs and increasing accessibility of the company for a “broader set of customers.”
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