Lucid Motors reduces quarterly electric vehicle output by 54 percent

Lucid Motors manufactured 2,954 electric vehicles during the third quarter of 2026, according to TechCrunch and Pluang. TechCrunch reported that this represents a 54 percent decline from the same period last year. It marks the third consecutive quarter of production decreases for the automaker, bringing output to its lowest level since the first quarter of 2025. [1][3]

TechCrunch reported that the company delivered 3,806 vehicles in the third quarter. That volume was roughly flat compared to the second quarter of 2026 and down by approximately 200 vehicles from the third quarter of 2025. The company is intentionally scaling back production to align with lower consumer demand for its luxury models. [1]

Lucid Motors produces the Lucid Air sedan and the Lucid Gravity SUV at its manufacturing facility in Casa Grande, Arizona (4). TechCrunch reported that the company has faced ongoing difficulties finding mass-market buyers for both of its luxury vehicle offerings. [1][4]

Headquartered in Newark, California, Lucid Group also develops and supplies electric vehicle powertrain technology to other automotive brands, including Aston Martin (4). Lucid Motors has released its official third-quarter production figures alongside an announcement for its upcoming third-quarter 2026 earnings release, according to a press statement from Lucid Motors. [2][4]