Lucid Motors' electric vehicle deliveries in the U.S. have fallen to their lowest level since mid-2022, according to new data from Cox Automotive. The figures reflect a continued slowdown in demand for high-end electric vehicles amid economic pressures and shifting consumer priorities. Industry analysts suggest the decline may stem from pricing adjustments and competition in the rapidly evolving EV market. The report highlights broader challenges facing luxury electric automakers as they navigate production scaling and market saturation.
Lucid Air Posts Weakest US Quarter Since Mid-2022, Cox Data Shows Electric Vehicles
