Lucid recorded a performance below expectations in the first quarter of 2026, affected by supply chain issues and a recall that temporarily interrupted deliveries of its luxury electric SUV.
Deliveries below expectations
The American manufacturer produced 5,500 vehicles and delivered 3,093 units by March 31, falling significantly short of analysts’ forecasts, which estimated around 5,967 units produced and over 5,200 delivered.
Supplier issue forced sales halt
The main impact resulted from a 29-day interruption in deliveries of the Lucid Gravity model, caused by an unauthorized modification by a supplier.
The failure affected the second-row seats, forcing the company to suspend sales, correct the issue, and inspect already produced vehicles.
Recall affects thousands of units
The situation also led to a recall of 4,476 units of the Gravity, produced between December 2024 and February 2026, due to issues with the welds of the seatbelt anchor points.
Difference between production and deliveries continues
The case highlights a recurring problem at Lucid: the difficulty in turning production into effective deliveries, at a time when demand for electric vehicles has slowed.
Supply chain remains under pressure
The company continues to face several operational challenges, including:
- chip shortages
- uncertainty in the supply of rare earths
- impact of tariffs on components
- fire at an aluminum supplier
Outlook remains, despite difficulties
Despite the obstacles, Lucid maintains its forecast to produce between 25,000 and 27,000 vehicles in 2026, which would represent growth of over 50%.
By 2025, production had nearly doubled, reaching 17,840 units.
A critical moment for the brand
The performance in the first quarter reinforces the challenges faced by electric vehicle startups, in a more demanding market context and with still unstable logistics chains.
For Lucid, the focus now is on stabilizing production, regaining customer confidence, and ensuring that recent problems do not compromise the expected growth for the year.