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Lucid Motors Sets Delivery Record with Leasing & Rental Sales Boost

Lucid hits a Q1 delivery record with fleet and lease sales. Learn how its EV strategy outpaced Tesla and Rivian in early 2025.

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Lucid Motors Sets Delivery Record with Leasing & Rental Sales Boost

Lucid Motors Breaks Q1 Delivery Record with Leasing Strategy That Beats Industry Trends Looking for the latest on Lucid Motors’ delivery numbers in 2025? Wondering how Lucid stacks up against EV giants like Tesla and Rivian? In Q1 2025, Lucid Motors set a new company record by delivering 3,109 electric vehicles across North America, Europe, and Saudi Arabia— a remarkable achievement driven in part by strategic fleet sales and a revamped company lease program . If you're searching for insights into Lucid’s EV sales performance, this post breaks down everything you need to know, including how leasing deals and rental partnerships played a critical role in the automaker’s growth. Image Credits:Lucid Motors Fleet Sales and Leasing Deals Power Lucid’s Growth Lucid Motors’ surge in deliveries was significantly bolstered by what it termed sales to “ rental companies”— a phrase that, as clarified in regulatory filings, largely refers to leasing companies. Around 300 EVs were sold under this model, many …

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