Lucid blames dip in Q1 sales on seat supplier issue
AI-summarised brief · reviewed before publication
Lucid Group reported a 42% drop in Q1 sales, selling 3,093 vehicles, due to a supplier quality issue with its second-row seats. The issue disrupted deliveries of the Lucid Gravity for 29 days and prompted a recall of over 4,000 SUVs. Despite this, Lucid remains confident in its production goals, reaffirming its guidance of 25,000 to 27,000 vehicles this year, a potential 47% increase from 2025.