Lucid Plans France Launch in 2027 as Demand for EVs Weakens

what happened

According to stocktwits.com, Lucid Motors plans to start selling its Air sedan and Gravity SUV in France in the first quarter of 2027. As demand for its premium electric vehicles weakens, the company intends to open its first retail and service sites with local partner Emil Frey France. Lucid expects to grow the network beyond 16 partner locations by year-end.

The vehicles are being shown this week at the Paris Motor Show, held October 12–18. The event marks Lucid’s first appearance there. Prospective French customers can already sign up through the company’s local website for notifications and priority ordering when sales begin.

LCID fell 9% on Monday, marking its weakest session since early August. The decline followed RBC Capital’s decision to reduce its price target on the shares to $4 from $7 while retaining a Sector Perform rating.

Lucid already has a presence in several established markets. In the United States, it runs company-owned studios in states including California, Arizona, Colorado and Florida, and it also sells vehicles in Canada. Its European markets are Germany, the Netherlands, Norway, Switzerland and Belgium, making France the sixth country in the region. In the Middle East, Lucid sells vehicles in Saudi Arabia, where it also has manufacturing operations.

The French expansion comes as Lucid reduces output. During the third quarter of 2026, the company delivered 3,806 vehicles and built 2,954. Production was 38% lower than in the previous quarter as Lucid worked through inventory and adjusted to slower demand for higher-priced electric models.

Registrations across the company’s existing five European markets reached roughly 256 vehicles through September, essentially unchanged from a year earlier, according to a report from Electric Vehicles. Lucid has also pushed back other European launches, including its United Kingdom entry until early 2028, while seeking fleet opportunities such as a partnership with Bolt focused on autonomous vehicles across the region.

Lucid currently offers only two premium EVs, the Air and the Gravity. Its first model based on a midsize platform, the less expensive vehicle called Cosmos, is scheduled for next year. Stocktwits.com reported that retail sentiment toward LCID remained neutral over the past 24 hours and message activity was normal. One user criticized the lack of a more specific French launch date, while another called the shares a “terrible investment.” LCID is down 68% year to date.

why it matters

France would broaden Lucid’s European footprint, but the production cut, nearly flat regional registrations and RBC Capital’s lower target highlight continuing pressure on demand and the stock’s valuation.

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