Lucid (LCID)’s Biggest-Ever Recall Hits More Cars Than it Sold All Last Year

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    "url": "https://finance.yahoo.com/markets/stocks/articles/lucid-lcid-biggest-ever-recall-000921192.html",
    "title": "Lucid (LCID)’s Biggest-Ever Recall Hits More Cars Than it Sold All Last Year - Yahoo Finance",
    "excerpt": "Lucid Group, Inc. (NASDAQ: LCID ) is recalling 27,185 of its Air luxury sedans in the U.S. because an exterior lighting circuit could overheat and raise the risk of fire, the National Highway Traffic Safety Administration said on August 28. NHTSA told owners to park outside and away from structures until a fix is deployed and warned the overheating circuit could also knock out exterior lighting, raising crash risk too. Lucid already released a free over-the-air software update, and NHTSA said 20,719 of the affected vehicles had received it before the announcement. The recall is Lucid's largest ever, covering more cars than it delivered in all of 2025, when it handed over 15,841 vehicles. It follows a May recall of 2,039 vehicles over lost drive power and a January recall of more than 10,000 vehicles over rearview camera problems. Lucid Group, Inc. (NASDAQ:LCID)'s top line continues to grow despite its operational challenges, as second-quarter revenue jumped 56% year over year to about $405 million and 44% sequentially. The growth was helped by higher deliveries, a better product mix, a 3.7% increase in average selling price, and $25 million in additional regulatory credit sales. This growth gives Lucid a stronger revenue base as management works to improve the firm's basic economics. New CEO Silvio Napoli has also introduced a specific turnaround plan with measurable targets...",
    "product": "robotaxi",
    "summary": "Lucid Group, Inc. plans to begin production of its robotaxis in early 2027, with about 100 preproduction units expected by the end of 2026.",
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    "published_at": "2026-09-07T00:09:00Z",
    "effective_date": "2027-01-01",
    "article_sentence": "The firm expects about 100 preproduction robotaxis on the road by year-end and plans to begin production in early 2027."
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curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"lucidmotors.com","limit":20}'