Reported about 14 hours ago
Lucid Motors reported a 6% increase in vehicle sales, delivering 3,309 cars in Q2 2025, while producing 3,863 vehicles, making notable progress in a challenging EV market. Despite this growth, Lucid faces a significant gap in its goal of 20,000 annually, needing to ramp up production of its new Gravity SUV, which began in December 2024. CEO Marc Winterhoff cited supply chain issues and a focus on quality as reasons for slower production, while emphasizing strong interest in the Gravity model. Further details on production numbers will be shared in the upcoming earnings report.
Source: YAHOO