Lucid (LCID) will adjust EV production after ending Q1 with bloated inventory

Lucid Group (LCID) said it will adjust EV production after a supplier issue “significantly affected” Gravity deliveries in the first quarter.

Lucid adjusts EV production after Q1 supplier issue

After reporting first-quarter earnings after the market closed on Tuesday, Lucid said the timing of February deliveries was affected by a supplier issue that the company has since resolved.

Lucid produced 5,500 vehicles, up 149% from Q1 2025, but only delivered 3,093. The seat supplier issue “significantly affected Lucid Gravity deliveries in February,” the company said in a statement.

After addressing the issue, Lucid said sales were up 14% in March compared to the year prior. “A supplier issue resolved during the quarter had an impact, but January and March deliveries were ahead of the same periods in the prior year,” Lucid’s interim CEO Marc Winterhoff said.