Lucid reduces quarterly vehicle production by 38%
Lucid built 2,954 vehicles from July through September, its lowest quarterly output since early 2025. According to The Next Web, it delivered 3,806 vehicles while reducing inventory. TechCrunch reports that the company is deliberately limiting production after years of difficulty finding mass-market demand for its electric vehicles.
- According to The Next Web, Lucid has commitments for 25,000 driverless cars with Bolt and 20,000 with Uber.
Covered by 3 publishers within 19 hours of the first report.
Reporting3
TechCrunch Lucid Motors’ EV output falls to lowest level in almost 2 years · Sean O'Kane
Quartz Lucid cut production 38% in the third quarter as deliveries slipped 7% · Cris Tolomia
The Next Web Lucid production falls 38% as the EV maker clears inventory · Darius Popa