Lucid Motors reported a 42% drop in Q1 2026 vehicle sales, attributing the decline to a supplier quality issue with second-row seats in its Gravity SUV. The problem led to a 29-day sales halt and a recall of over 4,000 vehicles due to improperly welded seat belt anchors. The company claims the issue has been resolved and maintains it's not a demand problem.
Background
Lucid Motors is an American electric vehicle manufacturer competing in the luxury EV market with products like the Air sedan and Gravity SUV. Supply chain issues have been a recurring challenge for many EV manufacturers in recent years.
- Source
- TechCrunch
- Published
- Apr 4, 2026 at 09:03 AM
- Score
- 5.0 / 10