Lucid Motors is “very confident” it has resolved the supply chain issues that hampered production of its Gravity SUV, interim CEO Marc Winterhoff said, as the electric vehicle maker races to hit its annual target with less than two weeks remaining in 2025.
The struggling EV maker company faced three consecutive supply disruptions this year that slowed the ramp-up of its second model.
Supply Chain Setbacks
The first shortage involved magnets in the second quarter.
“The magnets we were able to get were incompatible with our unique NACS Boost Charging Drive units for Gravity,” Winterhoff revealed in early November.
“Hence, we had to temporarily shift our production plan from the Grand Touring trim for North America to the Touring trim for export to Saudi Arabia until magnet availability improved,” the interim chief added during the last earnings conferenca call.
A fire at the largest aluminum supplier to Lucid and other automakers then disrupted production, though management said the team was able to minimize the impact. A chip shortage affecting the broader industry followed shortly after.
“We haven’t been able to produce as many as we wanted up until this point,” Winterhoff told CNBC in an interview released Saturday. “We’re very confident right now that we solved those problems.”
Lucid sold slightly more than 300 Gravity SUVs in the US through the third quarter of 2025, according to Cox Automotive.
Production Target Looms
The company has 11 days remaining in 2025 to reach its production target of 18,000 units, which was reduced in November from a prior range of 18,000 to 20,000 vehicles.
In a previous interview with Bloomberg, Winterhoff said the company was on track to hit the guidance.
As reported by EV last week, Lucid is currently manufacturing 1,000 vehicles per week “in some weeks,” according to the interim CEO.
The milestone represents a new production record for the company, though Winterhoff did not disclose how many weeks Lucid has reached or surpassed that threshold.
Software Update Addresses Bugs
Lucid began rolling out a software update for the Gravity last week, days after the company’s vice president of communications acknowledged bugs identified by automotive reviewers and promised fixes were imminent.
The update addresses issues with system startup, key fob detection, navigation reliability, and climate control behavior that had drawn criticism from several prominent automotive YouTube channels during early vehicle testing.
US Sales Rise Despite Credit Expiration
The software push comes as Lucid‘s US sales have risen for two consecutive months despite the expiration of the $7,500 EV tax credit, which sharply slowed electric vehicle sales across the industry.
The Saudi-backed automaker sold 980 vehicles in the US in November, up from 935 units in October and 910 in September, according to Motor Intelligence estimates.
The September 30 expiration of the federal tax credit erased the typical fourth-quarter seasonal sales boost seen across the industry.
