RTTNews | Nov 16, 2021 10:33AM EST

10:33 Tuesday, November 16, 2021 (RTTNews.com) - Shares of electric vehicles manufacturer Lucid Group Inc. (LCID) are up 7 percent on Tuesday's trading on news of the automaker's "Air" sedan winning the MotorTrend's Car of the Year 2022 award.

The company also said that as there was high demand for the award-winning Lucid Air sedan, it is confident of achieving the target of 20,000 units in 2022.

Currently at $47.65, the stock has traded between $9.67 and $64.86 during the past 52 weeks.

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