EV Maker Lucid Misses Second-Quarter Delivery Estimates on Soft Demand

Lucid delivered 38% more vehicles in Q2, shares go into higher gear

Lucid delivered a better first half than rival Rivian in terms of growth, but it’s still significantly behind in unit numbers....

Lucid sales inch forward as EV maker pushes to ramp Gravity production

Lucid sold 3,309 vehicles in the second quarter, a new record for the EV maker. Still, the company must ramp up production of its Gravity SUV to meet its 2025 target.

EV maker Lucid misses second-quarter delivery estimates on soft demand

Demand for Lucid's pricier luxury EVs have been softer as consumers, pressured by high interest rates, shift towards cheaper hybrid and gasoline-powered cars.

Lucid Q2 Deliveries Rise 38% to 3,309 Vehicles but Miss Analyst Forecasts

Lucid Group reported a 38% increase in vehicle deliveries for the second quarter, but the U.S. luxury EV maker fell short of Wall Street expectations as high interest rates and economic uncertainty continued to weigh on consumer demand. The California-based company delivered 3,309 vehicles in the three months ended June 30, missing the 3,611-unit forecast [...] The post Lucid Q2 Deliveries Rise 38% to 3,309 Vehicles but Miss Analyst Forecasts ap…

Lucid US Sales Fall 14% Sequentially in June, Motor Intelligence Says

Lucid Motors saw its U.S. registrations decline 13.8% month-on-month in June to 840 units, according to data released on Tuesday by Motor Intelligence.