Lucid Motors saw its US sales rise for the second consecutive month in November despite the expiration of the $7,500 EV Tax Credit.
Overall, electric vehicle sales declined in October and November for both traditional automakers and EV-focused brands following the September 30 expiration of the incentive, erasing the seasonal fourth-quarter sales push typical in the automotive industry.
Lucid however, has proven an exception.
The company sold 910 vehicles across the US in September, according to Motor Intelligence.
In October — the first month without the Tax Credit — the figures rose both sequentially and year over year to 935 units.
According to the November sales estimates released on Tuesday, the Saudi-backed EV maker sold 980 vehicles.
Monthly sales in its domestic market have been rising for five consecutive months, Motor Intelligence data shows.
In September, a Lucid spokesperson called Motor Intelligence‘s estimates “inaccurate and not even in the ballpark.” In October, the company did not comment on the figures.
Lucid, which only reports global quarterly production and delivery figures, recorded 4,078 vehicles delivered worldwide in the third quarter of the year.
Motor Intelligence‘s estimates for the US market alone showed a total of 2,793 units, based on monthly tallies of 890 in July, 993 in August and 910 in September.
The EV maker is targeting production of 18,000 vehicles in 2025, after trimming its target for two consecutive quarters.
The company initially aimed to produce 20,000 vehicles this year under Interim CEO Marc Winterhoff as it converts its Saudi Arabian assembly plant into a complete build unit factory.
