Lucid Research and Development Expenses 2020-2023 | LCID

Lucid annual/quarterly research and development expenses history and growth rate from 2020 to 2023. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Lucid research and development expenses for the quarter ending December 31, 2023 were $0.243B, a 9.8% increase year-over-year.
  • Lucid research and development expenses for the twelve months ending December 31, 2023 were $0.937B, a 14.06% increase year-over-year.
  • Lucid annual research and development expenses for 2023 were $0.937B, a 14.06% increase from 2022.
  • Lucid annual research and development expenses for 2022 were $0.822B, a 9.51% increase from 2021.
  • Lucid annual research and development expenses for 2021 were $0.75B, a 46.78% increase from 2020.
Lucid Annual Research and Development Expenses
(Millions of US $)
2023 $937
2022 $822
2021 $750
2020 $511
2019 $220
Lucid Quarterly Research and Development Expenses
(Millions of US $)
2023-12-31 $243
2023-09-30 $231
2023-06-30 $233
2023-03-31 $230
2022-12-31 $221
2022-09-30 $214
2022-06-30 $200
2022-03-31 $186
2021-12-31 $164
2021-09-30 $242
2021-06-30 $177
2021-03-31 $167
2020-12-31
2020-09-30 $134
2020-06-30
2019-12-31
Sector Industry Market Cap Revenue
Auto/Tires/Trucks Auto Manufacturers - Domestic $5.635B $0.595B
Lucid Group Inc. is an automotive company which specializes in electric cars. Lucid Group Inc., formerly known as Churchill Capital Corp IV, is headquartered in Newark, California.
Stock Name Country Market Cap PE Ratio
Tesla (TSLA) United States $542.737B 76.31
PACCAR (PCAR) United States $59.014B 11.71
General Motors (GM) United States $52.051B 5.67
Ford Motor (F) United States $51.816B 6.90
Rivian Automotive (RIVN) United States $8.328B 0.00
Polaris (PII) United States $4.706B 11.35
Harley-Davidson (HOG) United States $4.470B 7.38
Fox Factory Holding (FOXF) United States $1.653B 9.99
LiveWire (LVWR) United States $1.438B 0.00
Blue Bird (BLBD) United States $1.096B 15.80
Nikola (NKLA) United States $0.814B 0.00
Lion Electric (LEV) Canada $0.207B 0.00
Canoo (GOEV) United States $0.174B 0.00
Lotus Technology (LOT) China $0.171B 0.00
Xos (XOS) United States $0.059B 0.00
Cenntro (CENN) United States $0.046B 0.00
Envirotech Vehicles (EVTV) United States $0.036B 0.00
Cheetah Net Supply Chain Service (CTNT) United States $0.023B 0.00
Zoomcar Holdings (ZCAR) India $0.022B 0.00
Phoenix Motor (PEV) United States $0.021B 0.00
Mullen Automotive (MULN) United States $0.021B 0.00
Vroom (VRM) United States $0.021B 0.00
Zapp Electric Vehicles Group (ZAPP) Thailand $0.009B 0.00
ECD Automotive Design (ECDA) United States $0.008B 0.00
AYRO (AYRO) United States $0.007B 0.00
SRIVARU Holding (SVMH) United States $0.007B 0.00
Volcon (VLCN) United States $0.005B 0.00
VinFast Auto (VFS) Hong Kong, SAR China $0.000B 0.00
Chijet Motor (CJET) $0.000B 0.00