
Lucid Group Inc (NASDAQ:LCID) shares are trading higher Wednesday in sympathy with Rivian Automotive Inc (NASDAQ:RIVN), which reported second-quarter vehicle production and delivery numbers.
Rivian said it produced 4,401 vehicles in the second quarter and delivered 4,467 vehicles. Vehicle production was in line with company expectations. Based on current production pace, Rivian believes it remains on track to produce 25,000 vehicles annually, per its previous guidance.