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Lucid Posts Strong Q2 2025 Results, Bets Big on Autonomy and Star Power

by Khris Bharath
August 6, 2025
in Industry Reports, Lucid Motors
A green electric SUV with impressive autonomy drives on a highway next to the ocean under a partly cloudy sky.

Image Source: Lucid Motors

Lucid Motors is shifting into high gear. Fresh off the launch of its Gravity SUV, a growing global footprint, and a Guinness World Record to its name, the California-based EV maker continues to defy expectations and has posted another quarter of growth, momentum, and big bets on the future.

In Q2 2025, Lucid produced 3,863 vehicles and delivered 3,309 to customers. This marks its sixth consecutive quarter of record deliveries and a 38.2 percent jump from the same period last year. It follows a strong Q1, where Lucid delivered 3,109 vehicles and notched a 58.1 percent year-over-year gain. Cumulatively, Lucid delivered over 10,000 vehicles last year in 2024, cementing its reputation as a rising force in the niche luxury EV space.

“Despite economic headwinds, we’re staying focused on cost discipline, brand momentum, and a strong product launch. That’s how we keep moving forward.” – CFO Taoufiq Boussaid.

Revenue for the second quarter rose to $259.4 million. Though the company reported a GAAP net loss of 28 cents per share, or 24 cents non-GAAP, Lucid Motors still ended the quarter with approximately $4.86 billion in liquidity. It has also revised its 2025 production outlook to between 18,000 and 20,000 vehicles, down slightly from the original 20,000-unit target. Still, leadership remains bullish.

The robotaxi program, in partnership with Uber, is set to deploy at least 20,000 Lucid Gravity vehicles equipped with Nuro Driver, a Level 4 autonomous system. It will position Lucid as a serious player in the driverless mobility / ride-hailing space, currently occupied by the likes of Waymo and Cruise.

“We’re just getting started. Our robotaxi partnership with Uber and Nuro is exactly the kind of strategic expansion we envisioned. We expect to maintain our delivery momentum as Gravity ramps up in the second half of the year.” Interim CEO Marc Winterhoff.

On the charging front, the company has opened up access to more than 23,500 Tesla Superchargers across North America via a Lucid-approved NACS adapter. This move alone will be a game-changer for potential buyers, who can count on a reliable charging network. Lucid even shattered a Guinness World Record with the Gravity, achieving an impressive 749 miles on a single charge. 

In our recent first drive review of the 2026 Lucid Gravity Grand Touring, we were impressed by the technology, performance, and packaging. The all-electric luxury-crossover SUV space only has a few models, but what sets the Gravity apart is that it is sleek, packed with tech crossover that blends performance, practicality, and futuristic design.

Additionally, Lucid is also advancing its in-house DreamDrive Pro system, which will now feature Hands-Free Drive Assist and Lane Change Assist. The Gravity is available in four trims and starts at $78,900. For comparison, the base Lucid Air sedan has a starting MSRP of $69,900.

Lucid continues to expand its network across the United States, and to cap it off, Lucid tapped Oscar-nominated actor Timothée Chalamet as its first global brand ambassador, launching the company’s largest brand awareness campaign yet.

View All Lucids For Sale

Source: Lucid Motors

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