Lucid Group finished 2025 on an upswing — building twice as many EVs as the previous year and reporting a 55% uptick in sales. Then the first quarter of 2026 arrived.
The company, which makes the Air sedan and Gravity SUV, reported Friday that it sold 3,093 vehicles in the first quarter, a 42% drop from the previous quarter and about 0.5% lower than the same period last year. It had built many more, about 5,500 in total.
Lucid said the sales dip, and the gap between production and deliveries, is not a demand problem. Instead, the company blames a supplier quality issue with its second-row seats, which disrupted deliveries of the Lucid Gravity for 29 days.
The supplier issue also prompted Lucid to recall more than 4,000 Gravity SUVs. Lucid told the National Highway Traffic Safety Administration that it discovered some of the anchors for the SUV’s second-row seat belts were not properly welded.
Lucid spokesperson Nick Twork confirmed to TechCrunch that the decrease in sales was tied to problems with the supplier. He said that due to an unapproved change made by a supplier, the company issued a stop on Gravity sales that lasted most of February to ensure proper vehicle quality before restarting them. Twork made a point of noting Lucid’s more recent success, saying that “following eight record quarters, we showed strong results in both January and March which very nearly achieved year-over-year growth on their own.”
Lucid said in its securities filing Friday that the issue has been addressed, and the company seems confident that disruption won’t affect its production goals.
Lucid reaffirmed its previously announce production guidance of between 25,000 and 27,000 vehicles this year. Lucid built 18,378 EVs in 2025. That would represent an increase of as much as 47% from last year.
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Lucid’s seat supplier troubles come as the company prepares to start building its first vehicle on a new lower-cost platform aimed at the mass market. Lucid has said that first vehicle will cost around $50,000, a price point that will put it in direct competition with the upcoming Rivian R2 SUV, as well as existing products like the Tesla Model Y, Tesla Model 3, and Chevrolet Equinox EV.
