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LUCID BEATS DELIVERY ESTIMATES EVEN AS EV SALES LAG PRODUCTION GROWTH

  • NEWS Desk Global
  • Jan 5
  • 1 min read

Electric vehicle maker Lucid Group on Monday reported fourth-quarter and 2025 deliveries that were slightly above expectations, as a good reception for the cheaper Gravity SUV helped it offset weaker demand due to the expiry of U.S. tax credits.

Lucid has been seeking to broaden its customer base as demand for high-priced EVs softens. In November, it launched the Gravity Touring SUV with a starting price of $79,900, significantly below the six-figure price tags that have defined much of its lineup.

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