Lucid Group (FRA:CH2A) Construction In Progress : €1,227.9 Mil (As of Mar. 2024)

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What is Lucid Group Construction In Progress?

Lucid Group's quarterly construction in progress increased from Sep. 2023 (€1,025.3 Mil) to Dec. 2023 (€1,087.0 Mil) and increased from Dec. 2023 (€1,087.0 Mil) to Mar. 2024 (€1,227.9 Mil).

Lucid Group's annual construction in progress increased from Dec. 2021 (€245.1 Mil) to Dec. 2022 (€1,016.9 Mil) and increased from Dec. 2022 (€1,016.9 Mil) to Dec. 2023 (€1,087.0 Mil).

Lucid Group Construction In Progress Historical Data

The historical data trend for Lucid Group's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lucid Group Construction In Progress Chart

Lucid Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

523.49

245.07

1,016.86

1,087.02

Lucid Group Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial											1,098.30	1,230.00	1,025.34	1,087.02	1,227.90

Lucid Group Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Lucid Group (FRA:CH2A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lucid Group Inc (FRA:CH2A) » Definitions » Construction In Progress

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LCID:USA LCID:Mexico

Address

7373 Gateway Boulevard, Newark, CA, USA, 94560

Website

https://www.lucidmotors.com

Lucid Group Inc is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It is a vertically integrated company that designs, engineers, and builds electric vehicles, EV powertrains, and battery systems in-house using our own equipment and factory.

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