Lucid Recalls Over 27,000 Vehicles in Its Largest-Ever Recall
Lucid Group (NASDAQ:LCID) has issued its largest recall to date, affecting 27,185 of its Air luxury sedans due to a potential overheating exterior lighting circuit that could increase the risk of fire and crash. The National Highway Traffic Safety Administration advised owners to park vehicles away from structures until a fix is deployed. Lucid already released an over-the-air software update, with nearly 20,719 affected cars receiving it before the recall announcement. This recall surpasses the number of vehicles Lucid delivered in all of 2025 (15,841) and follows previous recalls related to drive power loss and rearview camera issues. While the software fix is expected to limit financial impact, the company continues to face operational challenges including significant losses despite revenue growth. Lucid's second-quarter net loss exceeded $1 billion, with costs outpacing revenues. CEO Silvio Napoli has outlined a turnaround plan aimed at improving cash flow and addressing quality issues.
Topics: automotive NHTSA recall safety