Lucid delivered 3,309 vehicles in the second quarter, with sales up 6% from the previous period, supplying new sales records for EV manufacturers.
Lucid also reported that it produced 3,863 vehicles in the second quarter. Lucid produced 2,212 vehicles in the first quarter and shipped 600 more additional vehicles to Saudi Arabia for the final gathering.
Delivery and accompanying production figures show that Lucid has maintained and even made some progress in the shaking EV market. However, there is a significant gap in filling if the company wants to achieve its annual production target for its 20,000 vehicles. In the first six months of the year, Lucid produced 6,075 vehicles.
To meet that target, Lucid must increase production of new all-electric gravity SUVs. The company began production of gravity in December 2024, with most of which being sold to “employees, family and friends.”
Customer mixes have begun to migrate more to the average consumer in recent months. But production is “slower than desired,” CEO Mark Winterhoff told Automotive News in an interview in June. The CEO, who replaced Peter Rollinson earlier this year, accused him of focusing on tariff pressure and the quality of slow start.
Winterhoff quickly cited the customer’s interest in gravity. The comments are intended to dispel concerns that there is a demand issue.
In its first quarter revenue call in April, Winterhoff said the company had encountered “a modest supply chain bottleneck that affected the timeline.” He emphasized at the time, “The more important thing is that we take the time to get it out, not just to get it out, but to get it right.”
He said at the time that supply chain bottlenecks will be resolved in the second quarter and had planned to ensure that the 2025 production plan was met.
Lucid did not comment on delivery and production outcomes, including failures between the air and gravity models. The spokesman said Lucid will share details in his upcoming revenue report, scheduled for release on August 5th.
It is also unclear whether Lucid’s new company’s automotive program and sales to the rental fleet helped boost second quarter figures.
Lucid sold the equivalent of about 300 cars in the first quarter to what they call “rental companies.” At the time, Lucid Motors spokesman Nick Twork told TechCrunch that despite the use of the term, the “majority” of the vehicles mentioned in the footnotes were sold to leasing companies and leased to the automaker as part of the improved company’s automotive program.
