Lucid Motors delivered 3,309 electric vehicles in the second quarter, marking a 6% increase compared to the previous quarter and establishing a new sales record for the company. The EV manufacturer also noted a substantial increase in production, building 3,863 vehicles during the same period, roughly 1,000 vehicles more than the prior quarter. In the year’s first quarter, the company produced 2,212 units, along with an additional 600 vehicles shipped to Saudi Arabia for final assembly.
Despite these improvements, Lucid remains considerably behind its ambitious annual target of 20,000 vehicles. Midway through the year, the company has produced a total of 6,075 units, leaving a substantial gap of nearly 14,000 vehicles. To bridge this shortfall, much relies on quickly accelerating output for its new all-electric Gravity SUV.
Production of the Gravity began in December 2024, initially catering mainly to employees, relatives, and close associates. More recently, customer deliveries have broadened to general consumers. Still, Lucid CEO Marc Winterhoff acknowledged in a June interview with Automotive News that the ramp-up has proven slower than expected, attributing the challenge partly to tariff-related pressures and meticulous efforts to ensure top-tier build quality.
Despite these production hurdles, Winterhoff has repeatedly underscored robust consumer interest in the Gravity, firmly dismissing concerns of weak demand. He elaborated in April, during the company’s Q1 earnings call, that Lucid encountered “modest supply-chain bottlenecks” affecting timelines. However, he stressed that the company’s priority is quality over rapid release schedules. Winterhoff said at the time that these supply chain issues were expected to be addressed during the second quarter, helping the automaker move toward meeting its 2025 production targets.
Lucid did not provide a breakdown of sales numbers by specific models, nor did it specify the impact of its recently restructured company lease programs or sales to rental fleets in its latest figures. During Q1, the company sold around 300 vehicles through such arrangements, primarily leasing firms, as part of a revamped company car program. A spokesperson stated that additional details will be disclosed at the upcoming earnings call scheduled for August 5.
