Lucid sees slower 2026 production growth as fear of supply-chain snags lingers - Reuters
Lucid sees slower 2026 production growth as fear of supply-chain snags lingers Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"2025 was all about execution and strategy adjustment to set Lucid up for long-term success. Against a challenging macro backdrop, we nearly doubled production, gained market share, reduced unit costs, and strengthened our financial position."
— Marc Winterhoff , Executive
"Q4 marked a clear step-change in production and unit economics. The progress we made is structural, creating a more repeatable and stable operating cadence heading into 2026."
— Taoufiq Boussaid , Executive
"Supply chains, in particular long supply chains like we have, are always prone to surprises."
— Marc Winterhoff , Executive
"Supply chains, in particular long supply chains like we have, are always prone to surprises."
— Marc Winterhoff , Executive
"The move was 'designed to streamline our organization so we can operate with greater efficiency and deliver on our commitments to gross margin improvement and long term growth.'"
— Lucid Group Inc. , Executive
Key People
Tags
All Coverage
<a href="https://news.google.com/rss/articles/CBMiywFBVV95cUxOdTVaLUVoN1FOc0JRUDh3UXBuMWJYV2RianRIZEtwajlxTDJwMU9vYXZMbDFqTzVOWkY2cVN2bUx6NDNkRGZ0eFBfVVJPeFFVZDlaem91QWRveXNqcmhzRnRIcHBKMEtTdFRMaTMxSVVZaHQtNEg0ZVlRVWVIdnNQTHRoYVMxcjZOVWpVbjkyTnRzOE85U09hN3loaUladmtaSGdrMF9CQ3Y2SjQtbG02TGZDUXdRNkt2SGVHT0VZdXJMbjdDTFZJQkNwYw?oc=5" target="_blank">Lucid sees slower 2026 production growth as fear of supply-chain snags lingers</a> <font color="#6f6f6f">Reuters</font>
Lucid forecasts a 2026 production rise that could top 50%, still below last year’s pace, citing supply-chain setbacks and tariffs disrupting manufacturing plans and increasing costs.
Lucid reported a larger-than-expected loss for the fourth quarter, adding pressure to curtail costs as it ramps up production of its Gravity SUV and prepares to launch a new mid-sized vehicle.
Lucid forecasts a 2026 production rise that could top 50%, still below last year’s pace, citing supply-chain setbacks and tariffs disrupting manufacturing plans and increasing costs.
Lucid reported a larger-than-expected loss for the fourth quarter, adding pressure to curtail costs as it ramps up production of its Gravity SUV and prepares to launch a new mid-sized vehicle.
Lucid Motors forecasts a conservative production of 25,000 to 27,000 vehicles in 2026, citing ongoing supply chain challenges and previous lessons from 2025.
Lucid Motors announces a 12% reduction in its global workforce, affecting hundreds of employees, as part of efforts to streamline operations amid production challenges.
Lucid delivered 5,345 vehicles in Q4 and 15,841 vehicles in 2025, nearly doubling production year over year, and announced 2026 production guidance of 25,000-27,000 vehicles.
Lucid Motors anticipates slower production growth in 2026 due to supply chain issues, with a forecast of 25,000 to 27,000 vehicles, up from 17,840 in 2025.
Similar Stories
Related coverage based on topic and tags
World economic growth to slow to 2.6% in 2026, UN trade body says - Reuters
World economic growth to slow to 2.6% in 2026, UN trade body says Reuters
October 9, 2026 at 09:02 AMMarvell raises 2028 revenue forecast on strong AI data center demand - Reuters
Marvell raises 2028 revenue forecast on strong AI data center demand Reuters
October 6, 2026 at 02:50 PMSoaring freight rates threaten Asia's appetite for US crude - Reuters
Soaring freight rates threaten Asia's appetite for US crude Reuters
October 9, 2026 at 05:25 AMFrom just-in-time to just-in-case: oil executives say world needs more export routes - Reuters
From just-in-time to just-in-case: oil executives say world needs more export routes Reuters
October 6, 2026 at 05:35 PMStocks meander as AI spending worries, elevated yields weigh - Reuters
Stocks meander as AI spending worries, elevated yields weigh Reuters
October 9, 2026 at 01:56 AMPorsche braces for lower sales era, seeks lifeline from luxury - Reuters
Porsche braces for lower sales era, seeks lifeline from luxury Reuters
October 7, 2026 at 06:02 AM