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Lucid production falls 38% as the EV maker clears inventory

Production fell 38% from the second quarter after Lucid cut a shift in Arizona and sold down inventory, which leaves the company that promised Bolt at least 25,000 driverless cars for European roads making fewer than a thousand vehicles a month

TM

Tarun Mottlia

Via TNW | Business

·Excerpt
Lucid production falls 38% as the EV maker clears inventory
Image: Lucid Dealership Brickell City Centre Miami Florida 8 May 2025 Credit: P

Lucid built 2,954 vehicles in the third quarter, its lowest quarterly output since early 2025 and a 38% fall from the second quarter, while delivering 3,806 as it cleared inventory. The company has outstanding commitments for 25,000 driverless cars with Bolt in Europe and 20,000 with Uber.

Lucid built 2,954 cars in three months. Its European plan needs 25,000. The only route that approves a fully automated car across the whole European Union is capped at 1,500 a year per…

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