Lucid production falls 38% as the EV maker clears inventory
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 vehicle type.
Production fell 38% from the second quarter and 24% against the same period last year, and the company delivered 3,806 vehicles, down 6.7%, as InsideEVs reported. It sold more cars than it made. That is what clearing inventory looks like.
It is the lowest quarterly output since early 2025. Lucid does not break out sales by model. It said demand for the Gravity continued to regain momentum...
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