EV maker Lucid plans to adjust production, citing elevated vehicle inventories
CNBC Top News ·

The LUCID logo is shown at the LA Auto show "AutoMobility LA" in Los Angeles, California, U.S. Nov. 20, 2025. Mike Blake | Reuters DETROIT — Lucid Group plans to take actions to better align its …
The LUCID logo is shown at the LA Auto show "AutoMobility LA" in Los Angeles, California, U.S. Nov. 20, 2025. Mike Blake | Reuters DETROIT — Lucid Group plans to take actions to better align its production with customer demand for its luxury all-electric vehicles, the company said Tuesday. The EV manufacturer said it needs to lower its "elevated inventory" of vehicles, which for automakers has historically meant lowering or idling vehicle production. …
Original source: CNBC Top News