Lucid Deliveries : 2026 (Q1-Q3)

Lucid had a tepid start to 2026 with 3,093 vehicles delivered. Considering the fall in electric vehicle sales, it could have been worse but definitely could have been better. A quality issue with a supplier was cited as the reason for the disappointing delivery number.

If that was the case, why were 5,500 units made? Did they make the vehicles and will retro fit the second row seats, which were the problem? If so, then the difference is understandable. Production was up 149% compared to a low Q1 2025 figure. 

Regardless, in Q2, deliveries went up 19% and production up 24%. Then along came Q3 with stronger sales than production. There was a build up of stock, which is now being addressed. Lucid is predicting production for 2026 to be in the 25-27,000 area. 

With one quarter to go for 2026, numbers are down 31% and 44%. Take out Q4 2025 and they are both up 3%! Q4 2025 was big and matching that in 2026 will not be happening. The new CEO has cut back production and stock levels, the latter tying up a lot of capital. A second shift at its Arizona plant has been terminated, laying off about 1,500 employees. 

The market segment Lucid is targeting is very limited. They don't hold their price in the used market. It still suffers from low brand awareness. In summary, the cars seem nice, but the prognosis isn't great. 

Data and photos: Lucid (Gravity model).

Xiaomi Global Deliveries : 2025-26 (Q1-Q3)

Xiaomi is laid back when it comes to revealing sales data. They are rounded numbers which is fine as thet are easier to remember. 

The automotive division of the company is 31% down on a full 2025 with one quarter to go. It's 8% up YOY so should exceed last year's total. The target for 2026 is an ambitious 550,000 units, or 34% up on the previous year.

A positive sign was that deliveries exceeded 40,000 units in September, the first time that has been achieved. The new Sky Nomad released early in September, no doubt enabled that to happen. (See pic immediately below). 

Despite that optimism, monthly figures will need to average 88,000 per month for the rest of the year. Deliveries increase through the year for Chinese manufacturers but the target looks out of reach. However, if the Sky Nomad is very successful, then maybe it's achievable after all. 

Data source: Xiaomi.

Nio & Sub Brand Deliveries : 2026 (Q1-Q3)

While many Chinese car companies are hitting headwinds, Nio is having no such problem. With the total only 8% down on 2025 and Q4 still to go, last year's total willd be overtaken with ease. The 300,301 units delivered in Q1 to Q3 was up 49% YOY. 

The data includes the Nio (premium), ONVO (mainstream) and Firefly (budget) brands. Nio is going well, Firefly looks good too but it's early days to be certain on that. Onvo is still a work in progress.

Deliveries grow substantially as the year progresses and with refreshed models being released, Nio will be expecting strong growth to continue. 

For Q1-Q3, the Nio brand achieved 182,000 deliveries or 61% of the total. The ONVO subbrand made 70,200 sales (23%) and the new brand Firefly deliveries were 48,100 (16%).

Data & photo source: Nio (Nio ET9 & ONVO L90)