Lucid USA Is Recalling 189 2022-2024 Air Vehicles Running Software Release Versions 2.1.2 Through 2.1.26 Since Software May Cause A Fault While The Adaptive Cruise Control Is On, Resulting In A Loss Of Drive Power
Portfolio Pulse from Charles Gross
Lucid USA is recalling 189 of its 2022-2024 Air vehicles due to a software issue in versions 2.1.2 through 2.1.26 that may cause a fault when the adaptive cruise control is activated, leading to a loss of drive power.
February 15, 2024 | 10:36 am
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Lucid Motors is recalling 189 of its 2022-2024 Air vehicles due to a software issue that may cause a loss of drive power.
The recall of vehicles, especially due to safety concerns like a loss of drive power, can negatively impact consumer trust and investor confidence in Lucid Motors. This could lead to a short-term negative impact on LCID's stock price as the market reacts to potential safety and reliability concerns.
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