The all-new Gravity is expected to be Lucid’s best-seller in the final part of the year
After a promising start in the EV spotlight, the road ahead looks steeper for Lucid. Much like fellow American startup Rivian, Lucid is facing a difficult 2025, with financial pressures mounting after the $7,500 federal EV tax credit, which also helped lower lease payments, was scrapped.
The company behind the Air sedan and new Gravity SUV built 3,891 vehicles in the third quarter, falling short of projections and trailing the 5,621 average estimate from Bloomberg analysts. During the same period, it delivered a total of 4,078 vehicles, representing a significant jump from the 2,781 vehicles delivered in Q3 last year.
Read: Lucid CEO Reminds Everyone Tesla’s Model S Hasn’t Changed Since The Obama Era
Year-to-date, both production and delivery numbers are higher than in 2024. During the first nine months, Lucid produced 9,966 vehicles in the US and delivered 10,496. For context, the company delivered 10,241 vehicles across all of 2024, a 71 percent jump from 6,001 in 2023. While the momentum shows progress, it still trails what analysts had hoped to see.
Adding to that, Lucid confirmed it has built over 1,000 more vehicles awaiting final assembly at its facility in Saudi Arabia, an important piece of its long-term manufacturing strategy.
Leaving aside analyst forecasts, we’re talking under 10,000 cars in a span of nine months, a number that in no way is sustainable in the long term. For context, Tesla now sells that many vehicles roughly every four days in America, and even younger rivals like Rivian are comfortably outpacing Lucid’s output.
Shifting Gears With Gravity
While the latest numbers suggest growth, it’s also worth noting that Lucid is no longer a single-model company. The Gravity SUV has officially begun reaching customers, marking a key step in broadening its lineup. However, the company hasn’t disclosed how many units of the Air and Gravity were included in its third-quarter deliveries.
Even so, Lucid expects the Gravity to take the sales lead through the remainder of the year, potentially becoming the brand’s volume driver.
The next chapter for Lucid could prove even more critical. A mid-size electric SUV is set for unveiling next year, positioned to enter the market at under $50,000. The model could finally give Lucid a foothold in the more accessible end of the EV market, where volume growth matters most.
Provided the company secures the necessary funding, production of this new SUV will take place at Lucid’s Saudi Arabian facility.
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Brad Anderson’s lifelong affair and fascination with cars started young. Before even graduating high school,… Read full bio

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