Lucid Group announced it produced 18,378 vehicles in 2025, a 104% increase from the previous year, and delivered 15,841 vehicles, a 55% rise. The strong fourth quarter, which saw the production of 8,412 units, was crucial for hitting these numbers and meeting the company's revised annual guidance.
Despite the significant year-over-year growth, the final output aligns with a production forecast that Lucid had lowered twice during 2025 from an initial goal of 20,000 vehicles. The company faced challenges ramping up its Gravity SUV earlier in the year. While deliveries grew, production outpaced sales, particularly in the fourth quarter, indicating a potential rise in inventory.