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Lucid misses Q3 output, shifts focus to Gravity SUV launch
Summary by CBT Automotive Network
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1 Articles
Lucid misses Q3 output, shifts focus to Gravity SUV launch
On the Dash: Lucid’s Q3 production and deliveries fell short of Wall Street expectations, impacted by the end of the $7,500 federal EV tax credit. The company is focusing on ramping up its Gravity SUV and plans midsize EV launches in 2026, but supply-chain constraints and trade policy shifts continue to hinder production. Competitors Tesla and Rivian reported stronger-than-expected quarterly sales, highlighting Lucid’s challenges in a competiti…
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