Key Takeaways LCID delivered 15,841 vehicles in 2025, a 55% jump, with record Q4 production driven by Gravity.The Gravity SUV became the majority of Q4 production, lifting average prices and broadening the lineup.LCID ended Q3 with $4.2B liquidity, but high costs drove nearly$1B in quarterly free cash outflow.Lucid Group (LCID) ended 2025 with clear operational momentum. Deliveries set fresh records and a late-year production ramp reset expectations. At the same time, profitability and cash remain the swin ...