Overview

• Lucid produced 3,891 vehicles and delivered a record 4,078 in Q3, missing analyst expectations of about 5,175 built and 4,286 delivered.
• The company added a second manufacturing shift at its Casa Grande, Arizona plant to speed Gravity SUV output, with new roles posted for the shift.
• After cutting 2025 guidance to 18,000–20,000 units, Lucid must build roughly 8,034–10,034 vehicles in Q4 following 9,966 produced year to date.
• Q3 momentum likely reflected a Gravity ramp and a pull-forward tied to the expiring $7,500 federal EV credit, though Lucid provides no model or regional sales breakdowns.
• More than 1,000 vehicles were built for final assembly in Saudi Arabia as the company advances plans to upgrade its facility there to a full factory by late 2026.