Luxury electric vehicle (EV) manufacturer Lucid Motors, based in Newark, California, has commenced a downsizing plan, reducing its workforce in the United States by approximately 12% to streamline its operations and accelerate growth.
Founded in 2007, Lucid Motors focuses on high-performance, long-range, and technologically advanced electric vehicles, with its notable models being the Lucid Air sedan and Gravity SUV.
A spokesperson for Lucid Motors confirmed this news to Epoch Times via email, stating that the layoffs are necessary for the company to operate more efficiently and achieve improvements in gross margins and long-term growth commitments.
In the email, the spokesperson wrote, “We are focusing on the production of the Midsize platform, further expanding into the Robotaxi market, advancing our Advanced Driver Assistance Systems (ADAS) and software development, as well as expanding sales of Lucid Gravity and Lucid Air in existing and new markets.”
“We appreciate the contributions of all affected employees and will provide relevant resources, benefits, and support to help them through this transitional period,” the spokesperson said.
Lucid operates in over 58 locations globally, with significant presence in North America, Europe, and the Middle East. According to the company’s statement, the layoffs will not impact the hourly production workers in Casa Grande, Arizona.
In 2025, Lucid Motors produced 18,378 vehicles, marking a 104% increase from 2024, and delivered 15,841 vehicles, a 55% increase from the previous year, as reported by Lucid.
The majority of Lucid Group’s equity is held by the Public Investment Fund of Saudi Arabia. The company has manufacturing facilities in Arizona and Saudi Arabia. ◇