Lucid cut production by 38% quarter-on-quarter — InsideEVs

US electric vehicle manufacturer Lucid Motors produced 2,954 vehicles and delivered 3,806 vehicles to customers in the third quarter of 2026. Production was 38% lower than in the second quarter and 24% lower year-on-year. Deliveries fell by 6.7% compared with the same period last year. This was reported by InsideEVs.

Quarterly figures

In the first quarter, Lucid manufactured 5,500 electric vehicles and delivered 3,093, while in the second quarter it manufactured 4,774 and delivered 3,953, respectively. The production figure for July through September was the company’s lowest since the beginning of 2025.

From the beginning of the year through September 30, the company manufactured 13,228 vehicles, nearly 33% more year-on-year. Total deliveries over nine months amounted to 10,852 electric vehicles, 3% more than a year earlier.

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Reduction in shifts and inventory

According to the publication, in June Lucid reduced the number of assembly shifts at its AMP-1 plant in Arizona from two to one. After that, the company sought to sell as many vehicles as possible that were already in inventory.

Lucid produces the Air sedan and the Gravity SUV. The company said demand for the seven-seat Gravity continued to recover after a vehicle recall that halted shipments of the model for nearly a month.

Operational reset

Earlier this year, Lucid reduced production and laid off 18% of its employees as part of an operational reset designed to improve cash flow by $1.4 billion this year. The launch of the midsize Cosmos crossover, expected to cost about $50,000, was postponed until next year.