Lucid Motors is internally holding to its original target of producing 20,000 vehicles in 2025, even after it officially revised its production guidance last month to a range of 18,000 to 20,000 units.
Interim Chief Executive Marc Winterhoff told investors at the Morgan Stanley Conference on Friday that the California-based electric vehicle maker’s workforce is committed to reaching the higher figure.
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“We recently put out a range when it comes to this year’s production numbers, 18 to 20,000, and all of our internal plan actually still shoots for 20,000,” Winterhoff said. “Internally, we’re shooting for 20,000 and the team is giving everything to make that happen.”
Lucid built 6,075 vehicles in the first half of 2025. To meet its internal goal, the company would need to manufacture nearly 14,000 units in the second half, more than doubling its pace and representing a 121.5% increase from 2024’s total output of 9,029 vehicles.
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The company has expanded production each year since 2022, though volumes remain well below early projections. Under former CEO and CTO Peter Rawlinson, Lucid in 2021 forecast deliveries of 135,000 vehicles by 2025. Actual deliveries reached just 4,369 in 2022, 6,001 in 2023, and 10,241 in 2024.
Winterhoff, who stepped in as interim CEO in February, also said Lucid plans to launch the base trim of its Gravity SUV in the United States later this year. Some higher configurations of the model face bottlenecks, with the company stating last year that output of the entry-level Gravity Touring trim at its Casa Grande, Arizona, plant would begin in late 2025.