Lucid’s Q2 deliveries rise but fall short of expectations

Lucid’s vehicle deliveries rose in the second quarter of 2025 but remained below expectations amid ongoing economic uncertainty.

During the quarter ending June 30, the electric vehicle (EV) manufacturer produced 3,863 vehicles, an increase of about 1,000 units compared to the previous quarter, but still short of the estimated 4,305 vehicles.

The EV producer delivered 3,309 units, up 6% from Q1 2025 and higher than the 2,110 units sold during the same period last year, but below expectations of 3,611 vehicles.

In H1 2025, Lucid produced a total of 6,075 vehicles, leaving a significant gap to close in order to meet its annual production target of 20,000 vehicles.

The company is working to ramp up production of its Gravity SUV, which began manufacturing in December 2024.

Lucid stated it will hold a conference call to discuss its Q2 financial results on August 5, with a press release on earnings to be issued beforehand.