Lucid Group saw a significant increase in production and sales last year, delivering 15,841 units, up 55% from 2024, with a more than 70% increase in the fourth quarter. The automaker met its lowered production target of 18,000 vehicles in 2025, producing 18,378 units, including 8,412 EVs in Q4. Challenges like supply chain shortages impacted the ramp-up of its Gravity SUV. EV manufacturers face industrywide issues like increasing costs due to tariffs and slower forecast sales of EVs, as well as regulatory changes affecting sales and profits.
Read more at CNBC: Lucid increases EV deliveries by 55% in 2025, meets lowered guidance
