Lucid Research and Development Expenses 2020-2024 | LCID

Lucid annual/quarterly research and development expenses history and growth rate from 2020 to 2024. 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 September 30, 2024 were $0.324B, a 40.57% increase year-over-year.
  • Lucid research and development expenses for the twelve months ending September 30, 2024 were $1.139B, a 24.45% 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 $)
2024-09-30 $324
2024-06-30 $287
2024-03-31 $285
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 $5.002B $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 $1054.473B 167.60
General Motors (GM) United States $63.128B 5.81
PACCAR (PCAR) United States $61.233B 13.05
Ford Motor (F) United States $44.115B 6.38
Rivian Automotive (RIVN) United States $10.668B 0.00
Harley-Davidson (HOG) United States $4.052B 7.17
Polaris (PII) United States $3.692B 15.32
Lotus Technology (LOT) China $2.926B 0.00
Fox Factory Holding (FOXF) United States $1.390B 22.23
Blue Bird (BLBD) United States $1.316B 12.87
LiveWire (LVWR) United States $1.301B 0.00
Nikola (NKLA) United States $0.189B 0.00
Lion Electric (LEV) Canada $0.083B 0.00
Canoo (GOEV) United States $0.060B 0.00
Zoomcar Holdings (ZCAR) India $0.054B 0.00
Xos (XOS) United States $0.041B 0.00
Cenntro (CENN) United States $0.040B 0.00
ECD Automotive Design (ECDA) United States $0.035B 0.00
Envirotech Vehicles (EVTV) United States $0.029B 0.00
Thunder Power Holdings (AIEV) United States $0.025B 0.00
Mullen Automotive (MULN) United States $0.017B 0.00
Vroom (VRM) United States $0.016B 0.00
Fly-E (FLYE) $0.015B 0.00
Phoenix Motor (PEV) United States $0.015B 19.50
Chijet Motor (CJET) $0.012B 0.00
SRIVARU Holding (SVMH) Cayman Islands $0.011B 0.00
Zapp Electric Vehicles Group (ZAPP) Thailand $0.006B 0.00
AYRO (AYRO) United States $0.005B 0.00
Cheetah Net Supply Chain Service (CTNT) United States $0.005B 0.00
Volcon (VLCN) United States $0.004B 0.00
VinFast Auto (VFS) $0.000B 0.00
Proterra (PTRAQ) United States $0.000B 0.00