Thursday, 30 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Tech and Science > Lucid sales inch forward as EV maker pushes to ramp Gravity production
Tech and Science

Lucid sales inch forward as EV maker pushes to ramp Gravity production

Last updated: July 2, 2025 3:20 pm
Share
Lucid sales inch forward as EV maker pushes to ramp Gravity production
SHARE

Lucid Motors Sets New Sales Record in Q2

Lucid Motors achieved a significant milestone in the second quarter by delivering 3,309 vehicles, marking a 6% increase in sales compared to the previous period. This accomplishment also set a new sales record for the electric vehicle (EV) manufacturer.

The company also reported a production figure of 3,863 vehicles in Q2, almost 1,000 more than in the preceding quarter. Lucid had produced 2,212 vehicles in the first quarter and sent an additional 600 vehicles to Saudi Arabia for final assembly.

Despite challenges in the EV market, Lucid has shown resilience and progress in meeting its production and sales targets. However, there is still a significant gap to fill to achieve the annual production goal of 20,000 vehicles, with a shortfall of nearly 14,000 vehicles as of the end of June.

To bridge this gap, Lucid is focusing on ramping up production of its new all-electric Gravity SUV, which was launched in December 2024. While initial sales were primarily to employees, family, and friends, the company is now targeting a broader consumer base. CEO Marc Winterhoff acknowledged slower production due to tariff pressures and quality concerns but remains optimistic about customer interest in the Gravity model.

During the Q1 earnings call, Winterhoff mentioned supply chain bottlenecks affecting timelines but emphasized the company’s commitment to ensuring quality over speed. Plans are in place to address these challenges and meet production targets for the year.

Details on the breakdown between Lucid’s Air and Gravity models, as well as the impact of the company car program and sales to rental fleets on Q2 figures, will be disclosed in the upcoming earnings report scheduled for August 5.

See also  There’s a reason oil well sales are collapsing in California: Cleanup costs

In the first quarter, Lucid sold around 300 vehicles to rental companies, primarily for leasing purposes under a revamped company car program. Despite the terminology used, the majority of these vehicles were leased back to the automaker.

TAGGED:GravityinchLucidmakerProductionPushesrampSales
Share This Article
Twitter Email Copy Link Print
Previous Article MAHA’s Focus On Improving Nutrition Is At Odds With Trump Policies MAHA’s Focus On Improving Nutrition Is At Odds With Trump Policies
Next Article What’s Better Than a Surprise Proposal? A Surprise Ring-Shopping Trip What’s Better Than a Surprise Proposal? A Surprise Ring-Shopping Trip
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Wall Street’s sudden rebound catches investors ‘offside’

The recent turn of events in the US-China trade war has sent shockwaves through the…

May 14, 2025

WATCH: NY Gov. Kathy Hochul and IL Gov. JB Pritzker Dare Trump to Arrest Them, MN Gov. Tampon Tim Walz Chickens Out During Congressional Hearing |

(L-R) Governors Tim Walz (MN), JB Pritzker (IL), and Kathy Hochul (NY) – Photo by…

June 12, 2025

Sisters who trashed Charlie Kirk memorial begging for cash to pay legal bills after losing jobs

Two sisters from Arkansas are appealing for financial assistance following their involvement in a notorious…

September 24, 2025

These Beneficial Insects Can Help Your Garden Thrive

But not all bugs are bad. Some are actually beneficial and help keep the harmful…

June 17, 2025

President Trump Announces ‘America First’ Team That Will Work Alongside Secretary of Defense Nominee Pete Hegseth |

President Donald Trump has unveiled his 'America First' team that will be working alongside Secretary…

December 23, 2024

You Might Also Like

Chimpanzee Metacognition Allows Humanlike Belief Revision
Tech and Science

Chimpanzee Metacognition Allows Humanlike Belief Revision

October 30, 2025
MCP stacks have a 92% exploit probability: How 10 plugins became enterprise security's biggest blind spot
Tech and Science

MCP stacks have a 92% exploit probability: How 10 plugins became enterprise security's biggest blind spot

October 30, 2025
Sorry, but interstellar visitor 3I/ATLAS really is a comet, not aliens
Tech and Science

Sorry, but interstellar visitor 3I/ATLAS really is a comet, not aliens

October 30, 2025
Sorry, but interstellar visitor 3I/ATLAS really is a comet, not aliens
Tech and Science

Sorry, but interstellar visitor 3I/ATLAS really is a comet, not aliens

October 30, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?