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CORRECTED-Lucid misses first-quarter vehicle delivery estimates

ReutersApr 3, 2026 9:16 PM

April 3 (Reuters) - Lucid Group LCID.O missed expectations for first-quarter vehicle deliveries on Friday, fanning concerns about weakening demand for its luxury sedans amid a broader electric-vehicle market slowdown.

The company said it produced 5,500 vehicles and delivered 3,093 in the quarter ended March 31. Analysts at Visible Alpha had expected Lucid to deliver 5,237 vehicles and produce 5,967 vehicles.

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