Quarterly Electric Vehicle (EV) deliveries by Lucid surpass previous records in Q2 of 2025

Quarterly Electric Vehicle (EV) deliveries by Lucid surpass previous records in Q2 of 2025

In a recent development, American luxury electric vehicle manufacturer Lucid has reported its production and delivery results for the second quarter of 2025. The company produced a record-breaking 3,863 vehicles, marking its highest-ever quarterly production, which includes both the Lucid Air and Gravity SUV models [1][2][3].

Deliveries for the quarter totaled 3,309 units, representing a 38% year-over-year increase from Q2 2024 and a new record high. However, this figure fell slightly short of Wall Street expectations and was below the production output, suggesting a buildup of inventory [1][2][3].

The Gravity SUV, which commenced deliveries in April 2025 with a starting price around $80,000, is a crucial part of Lucid's growth strategy. Initially, production faced bottlenecks due to supply chain adjustments and the complexities of ramping up a new model alongside the existing Air sedan at the Casa Grande, Arizona plant. Yet, by Q2, production processes seem to have stabilised and scaled up successfully [2][3][4].

Lucid aims to achieve an annualised production rate of 20,000 vehicles by the end of 2025, with the Gravity's increasing output playing a significant role in meeting this target. Despite occasional delivery lags due to distribution or demand issues, the company remains focused on ensuring quality with Gravity rather than prioritising rapid volume growth [1][2].

Looking ahead, Lucid plans to broaden its lineup with a more affordable mid-size EV priced around $50,000, expected to hit the market in 2026. This move is aimed at expanding the company's reach in the competitive electric vehicle market [2].

Shareholders are invited to submit and vote on questions for Lucid's Q2 earnings call, which will take place from July 22 to August 4. The company is partnering with Say Technologies for this event, using the same Q&A platform employed by Tesla for its earnings calls [5]. Lucid is set to release its Q2 financial results on August 5, 2025, at 2:30 PM PT/5:30 PM ET [6].

In conclusion, while Lucid Gravity production is accelerating with record quarterly outputs, delivery growth faces ongoing challenges amid supply chain adaptations and market pressures. The trend is overall positive but cautious as Lucid carefully scales its new SUV model to solidify its premium EV position.

References: [1] Lucid Group Inc. (2025). Lucid Reports Second Quarter 2025 Financial Results on August 5, 2025. Retrieved from https://ir.lucidmotors.com/news-releases/news-release-details/lucid-reports-second-quarter-2025-financial-results-august-5 [2] Electrek (2025). Lucid Motors delivers 3,309 vehicles in Q2 2025, with Gravity SUV production ramping up. Retrieved from https://electrek.co/2025/07/22/lucid-motors-delivers-3309-vehicles-in-q2-2025-with-gravity-suv-production-ramping-up/ [3] CNBC (2025). Lucid Motors reports Q2 2025 production and delivery numbers. Retrieved from https://www.cnbc.com/2025/07/22/lucid-motors-reports-q2-2025-production-and-delivery-numbers.html [4] Green Car Reports (2025). Lucid Gravity production ramps up in Q2 2025, but deliveries fall short. Retrieved from https://www.greencarreports.com/news/1137898_lucid-gravity-production-ramps-up-in-q2-2025-but-deliveries-fall-short [5] Say Technologies (2025). Lucid Motors Partners with Say Technologies for Shareholder Q&A. Retrieved from https://www.saytechnologies.io/lucid-motors-partners-with-say-technologies-for-shareholder-qa/ [6] Lucid Group Inc. (2025). Lucid Gravity Production and Delivery Figures for Q2 2025. Retrieved from https://ir.lucidmotors.com/static-files/73340388-990b-40e6-a9ed-7c1899f93a2c

The Gravity SUV's success in the market contributes significantly to Lucid's growth strategy in the automotive industry, highlighting the company's expansion in the lucrative luxury electric vehicle segment. As the finance sector closely monitors Lucid's performance, the upsurge in production and the aim to broaden its lineup with an affordable mid-size EV indicate potential growth in the technology sector as well.

Read also: