Lucid Continues Inventory Reduction Plan, Delivers 3,806 Vehicles in Third Quarter

On October 5 local time, American electric vehicle manufacturer Lucid Group announced production and delivery figures for the third quarter ending September 30, 2026. The company produced 2,954 vehicles and delivered 3,806 vehicles in the third quarter. Deliveries exceeded production as the company continues its planned inventory reduction, converting existing vehicle stock into customer deliveries. This is part of the previously announced $140 million cash flow improvement operational reset plan for 2026.