Lucid Motors delivered more EVs in the first quarter of 2024 than it has in any other quarter, though it set the record by a very slim margin.
The Saudi-backed, California-based electric vehicle company said Tuesday morning that it shipped 1,967 luxury sedans in the quarter.
That’s just a few more than it shipped in the fourth quarter of 2022, when it set its previous record of 1,932 deliveries.
Lucid’s new delivery record comes as the company is struggling to find consistent demand for its pricey luxury sedan, the Air.
But it has not specified how many Air sedans have made it to the Kingdom to date.
Among the many stress points in e-commerce machine, delivery has long been seen as one of the more painful ones.
“Delivery is the biggest unsolved puzzle is delivery part,” Piotr Zaleski, Ingrid’s co-founder and CEO said in an interview.
And in case you are at all curious: Ingrid the business was not named to ensure coverage in TechCrunch by me, Ingrid.
Ingrid has identified a very obvious problem that most certainly can use fixing, but it also faces a few challenges.
“The only way is to build a hell of a platform that retailers want to use to take a volume position,” Zaleski said.
TUNL, a South African parcel shipping platform, has secured $1 million in pre-seed funding from investors, including Founders Factory Africa, Digital Africa Ventures, E4E Africa, and Jozi Angels.
The current challenges in cross-border shipping cost African businesses an estimated $50 billion annually in missed opportunities.
TUNL’s founders identified a recurring issue among small- and medium-sized South African merchants during the pandemic: Shipping costs sometimes surpassed the value of their products.
On the TUNL platform, merchants offer customers various shipping options during checkout.
South Africa is known for its wine industry, with exports reaching 368.5 million liters last year.
In a sea of traditional memo boards adorned with tightly packed Tokyo nightclub tabs and densely crunched pencil graphs, Jay Nelson stands out. The owner and operator of KK AirPlan…
