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Lucid blames dip in Q1 sales on seat supplier issue
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Lucid Group finished 2025 on an upswing — building twice as many EVs as the previous year and reporting a 55% uptick in sales.
Key facts
- The company, which makes the Air sedan and Gravity SUV, reported Friday that it sold 3,093 vehicles in the first quarter, a 42% drop from the previous quarter and about 0.5% lower than the same
- Lucid Group finished 2025 on an upswing — building twice as many EVs as the previous year and reporting a 55% uptick in sales
- Lucid reaffirmed its previously announced production guidance of between 25,000 and 27,000 vehicles this year
- The supplier issue also prompted Lucid to recall more than 4,000 Gravity SUVs
Summary
The company, which makes the Air sedan and Gravity SUV, reported Friday that it sold 3,093 vehicles in the first quarter, a 42% drop from the previous quarter and about 0.5% lower than the same period last year. Lucid said the sales dip, and the gap between production and deliveries, is not a demand problem. The supplier issue also prompted Lucid to recall more than 4,000 Gravity SUVs. Lucid spokesperson Nick Twork confirmed to TechCrunch that the decrease in sales was tied to problems with the supplier.