

One of the most closely watched newcomers to the EV scene, Lucid produced 7,180 vehicles and delivered 4,326 in 2022, generating $608 million in revenues for the year. Lucid Group Inc.: Lucid Group designs and manufactures luxury electric vehicles (EVs).Growth is expected to continue in 2023, with the company guiding for $18.7 billion to $19.3 billion in revenues-an increase of 7 to 10 percent. Despite supply chain disruptions and macroeconomic uncertainty, the company increased revenues 12% year over year in 2022 while operating margins increased to 9.1% from 8.8%. Aptiv PLC: Aptiv designs and produces auto parts-with 131 manufacturing facilities and a presence in 48 countries-focusing on connectivity, safety, and environmental sustainability in its vehicle components.The company announced in February an agreement with General Motors ( GM) to act as the exclusive manufacturer of the carmaker's U.S.-made microchips. In 2022, the company reported record gross margin and net income. GlobalFoundries Inc.: GlobalFoundries manufactures semiconductors at facilities spread across three continents.In February, load factors were 85.9%, up from pre-COVID levels of 83.6%. According to the company’s annual report, revenues increased 30.6% year over year during the fourth quarter of 2022, due to higher air travel demand. Copa Holdings SA: Based out of Panama, this airline operates 372 daily flights to destinations in the Caribbean as well as North, Central, and South America through its fleet of 97 aircraft.
