On the Dash:
- Lucid delivered 15,841 vehicles in 2025, a 55% increase from the prior year.
- The automaker produced 18,378 vehicles, meeting its lowered annual production guidance.
- Gravity SUV production gains helped offset supply chain issues and broader EV market pressures.
Lucid reported a sharp increase in electric vehicle deliveries in 2025 as the automaker continued ramping up production of its Gravity SUV, helping it meet a revised annual production target.
The luxury EV manufacturer said Monday that total vehicle deliveries reached 15,841 units in 2025, a 55% increase from 2024. Growth accelerated late in the year, with fourth-quarter deliveries rising more than 70% year over year as production volumes increased.
Lucid also met its previously lowered production guidance for the year. The company produced 18,378 vehicles in 2025, including 8,412 units during the fourth quarter. That result aligned with its revised target of approximately 18,000 vehicles, down from an earlier outlook of up to 20,000 units.
The increase in both production and deliveries was primarily driven by a gradual ramp-up of the Gravity SUV, Lucid’s newest model. The launch has been slower than initially planned, with the company citing supply chain constraints as a key challenge during the rollout. Those issues extended production timelines but eased enough late in the year to support higher output.
Lucid’s progress comes as EV manufacturers across the industry face mounting headwinds. Automakers continue to navigate higher costs from tariffs, softer-than-expected EV demand, and regulatory changes that weigh on profitability. The expiration of federal consumer incentives has also pressured sales, particularly in the premium EV segment.
Despite those challenges, Lucid’s fourth-quarter results showed improved momentum as the company worked to stabilize production and increase delivery volumes. The automaker has positioned the Gravity SUV as a critical growth driver as it seeks to expand its product lineup and strengthen its market presence.
For dealers and industry observers, Lucid’s results highlight both the opportunities and risks facing emerging EV brands as they scale production in a volatile market environment marked by cost pressures and shifting demand patterns.
