Lucid Announces Q2 Production & Deliveries, Sets Date for Second Quarter 2025 Results

Rhea-AI Summary

Lucid Group (NASDAQ: LCID) has reported its Q2 2025 production and delivery figures. The luxury EV manufacturer produced 3,863 vehicles and delivered 3,309 vehicles during the quarter ended June 30, 2025. For the first half of 2025, the company produced 6,075 vehicles and delivered 6,418 vehicles.

The company will announce its complete Q2 2025 financial results on August 5, 2025, at 2:30 PM PT. Lucid is partnering with Say Technologies to facilitate shareholder engagement through a Q&A platform open from July 22 to August 4, 2025, allowing investors to submit and upvote questions for management.

Positive

• H1 2025 deliveries (6,418) exceeded production (6,075), indicating strong demand and efficient inventory management
• Q2 2025 production of 3,863 vehicles shows continued manufacturing capability
• Implementation of new shareholder engagement platform demonstrates commitment to investor communication

Negative

• Q2 2025 deliveries (3,309) lagged behind production (3,863), suggesting potential demand or logistics challenges
• Q2 2025 deliveries of 3,309 vehicles indicate relatively low volume compared to major EV competitors

Insights

Automotive Industry Analyst

Lucid's Q2 production of 3,863 vehicles and deliveries of 3,309 shows production-delivery mismatch despite improved H1 performance.

Lucid's Q2 2025 results reveal some interesting production and delivery dynamics. The company produced 3,863 vehicles while delivering 3,309 units during the quarter, creating a surplus of 554 vehicles. This production-delivery gap suggests potential demand challenges or logistics bottlenecks in their distribution network.

Looking at the first half of 2025, the picture becomes more nuanced. Lucid has produced 6,075 vehicles but delivered 6,418 units year-to-date, indicating they've actually delivered 343 more vehicles than they've built in 2025. This implies they've been working through inventory accumulated in previous periods.

The quarterly production rate of 3,863 represents approximately 15,452 vehicles annually if maintained. While this shows manufacturing capability, it's significantly below the capacity needed to compete with larger EV manufacturers. For context, this production volume places Lucid firmly in the specialty manufacturer category rather than mass-market territory.

The discrepancy between quarterly and half-year delivery-to-production ratios (Q2: 86% vs H1: 106%) suggests inconsistent demand or supply chain management. This volatility in production-to-delivery metrics will likely be a focal point in their upcoming earnings call, as investors seek clarity on whether these patterns reflect strategic inventory management or underlying demand challenges.

NEWARK, Calif., July 2, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced production and delivery totals for the quarter ended June 30, 2025. During this period, Lucid produced 3,863 vehicles and delivered 3,309 vehicles. During the six months ended June 30, 2025, Lucid produced 6,075 vehicles and delivered 6,418 vehicles.¹

Lucid will host a conference call to discuss its second quarter 2025 financial results on Tuesday, August 5, 2025, at 2:30 pm PT / 5:30 pm ET. Prior to the conference call, the company will issue an earnings press release with a link to the live webcast on its investor relations website, https://ir.lucidmotors.com.

To enhance engagement with the company's shareholder base and facilitate connections with its investors, Lucid is partnering with Say Technologies to allow retail and institutional shareholders to submit and upvote questions, a selection of which will be answered by Lucid management during the earnings call.

Starting on July 22, 2025 at 2:30 pm PT / 5:30 pm ET, all shareholders can submit questions by visiting: https://app.saytechnologies.com/lucid-group-2025-q2. This Q&A platform will remain open until 2:30 pm PT / 5:30 pm ET on August 4, 2025. Shareholders can email support@saytechnologies.com for any support inquiries.

Earnings Call Details:

Date: Tuesday, August 5, 2025
Time: 2:30 pm PT / 5:30 pm ET
Webcast: https://ir.lucidmotors.com (live and replay)

¹ Lucid's net income and cash flow results will be announced along with the rest of its financial performance when Lucid announces second quarter earnings.  Lucid vehicle production and delivery numbers represent only one measure of the company's operating performance and should not be relied on as sole indicators of quarterly financial results, which depend on a variety of factors.

About Lucid Group

Lucid (NASDAQ: LCID) is a Silicon Valley-based technology company focused on creating the most advanced EVs in the world. The award-winning Lucid Air and new Lucid Gravity deliver best-in-class performance, sophisticated design, expansive interior space and unrivaled energy efficiency. Lucid assembles both vehicles in its state-of-the-art, vertically integrated factory in Arizona. Through its industry-leading technology and innovations, Lucid is advancing the state-of-the-art of EV technology for the benefit of all.

Investor Relations Contact
investor@lucidmotors.com

Sign up for investor email alerts: https://ir.lucidmotors.com/ir-resources/email-alerts

Media Contact
media@lucidmotors.com

Trademarks
This communication contains trademarks, service marks, trade names and copyrights of Lucid Group, Inc. and its subsidiaries and other companies, which are the property of their respective owners.

Forward-Looking Statements
This communication includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "shall," "expect," "anticipate," "believe," "seek," "target," "continue," "could," "may," "might," "possible," "potential," "predict" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Lucid's expectations related to production and delivery volume outlook and Lucid's finalized production and delivery totals for the quarter ended June 30, 2025. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of Lucid's management. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond the control of Lucid. These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed under the heading "Risk Factors" in Part II, Item 1A of Lucid's Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, as well as in other documents Lucid has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or Lucid's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lucid currently does not know or that Lucid currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lucid's expectations, plans or forecasts of future events and views as of the date of this communication. Lucid anticipates that subsequent events and developments will cause Lucid's assessments to change. However, while Lucid may elect to update these forward-looking statements at some point in the future, Lucid specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Lucid's assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements. 

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SOURCE Lucid Group

FAQ

How many vehicles did Lucid (LCID) deliver in Q2 2025?

Lucid delivered 3,309 vehicles in Q2 2025, while producing 3,863 vehicles during the same period.

What are Lucid's (LCID) production numbers for the first half of 2025?

Lucid produced 6,075 vehicles in the first half of 2025, while delivering 6,418 units during this period.

When will Lucid (LCID) report Q2 2025 earnings?

Lucid will report its Q2 2025 earnings on Tuesday, August 5, 2025, at 2:30 PM PT / 5:30 PM ET.

How can shareholders submit questions for Lucid's Q2 2025 earnings call?

Shareholders can submit questions through Say Technologies' platform at app.saytechnologies.com/lucid-group-2025-q2 from July 22 to August 4, 2025.

What is the difference between Lucid's Q2 2025 production and delivery numbers?

Lucid produced 3,863 vehicles but delivered 3,309 vehicles in Q2 2025, showing a difference of 554 units between production and deliveries.