lucid group inc nasdaq lcid shares are trading significantly higher after the company announced it has begun production of its electric vehicles and deliveries will begin in late october the first customerquality lucid air luxury electric sedans rolled off the assembly line during the companys production preview event at amp1 said in the companys press release lucid expects reservation holders of lucid air dream edition models will begin receiving their vehicles in late october the company has thus far received more than 13000 reservations for lucid air and increased the planned total production quantity of the dream edition to 520 vehicles also stated in the press release lucid group a technology and automotive company develops electric vehicle technologies the company designs engineers and builds electric vehicles ev powertrains and battery systems lucids stock was trading about 146 higher at 2812 per share on wednesday at the time of publication