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Results this ambitious electric car:
The American Lucid announced his desire to reduce his production forecasts for 2025. However, promising, the manufacturer of Menlo Park continues to lose a lot of money.
If Lucid meets its objectives downwards, it is not only because of a cyclical slowdown. Furthermore, The young Californian brand is still struggling to transform its promises into significant sales volumes. For 2025, the company now anticipates production between 18,000 and 20,000 vehicles, against 20,000 initially planned.
It’s still not that at Lucid – Results this ambitious electric car
A modest revision on paper. but revealing a situation that results this ambitious electric car does not improve, while the years go by and the brand offers the Gravity SUV in addition to the Air sedan. The brand is slow to get started on new markets.
Despite a turnover of $ 259.4 million and deliveries up between April and June 2025 (3,309 units delivered, + 38.2 %), Lucid continues to lose a lot of money: $ 790 million just in this second quarter.
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This new result is part of a series of deficit quarters which question on the economic viability of the manufacturer in the medium term. But Lucid has something to take a long time. Thanks to the support of Saudi Arabia, the Californian firm still has a comfortable liquidity reserve with nearly $ 4.9 billion.
These funds must partly allow to continue the development of a new medium -sized platform, expected for early 2026. A technology to prepare the renewal of the range. market more accessible electric vehicles, around 50,000 dollars, in order to compete with Tesla Model 3 and Y.
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results this ambitious electric car — Results this ambitious electric car: The American Lucid announced his desire to reduce his production forecasts for 2025. However, promising, the manufacturer of Menlo Park continues to lose a lot of money.If Lucid meets its objectives downwards, it is not only because of a cycli.
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