Why is Lucid recalling over 600 Air EVs? – Lucid Gr (NASDAQ:LCID)

Why is Lucid recalling over 600 Air EVs? – Lucid Gr (NASDAQ:LCID)

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Lucid engines LCID calls 637 back Lucid Air vehiclesciting an issue that can cause the electric motors to shut down.

What happened: Lucid Motors has issued a recall for 637 Air EVs manufactured in 2022 and 2023, as evidenced by a National Road Safety Authority.

The company said the electrically activated contact switches or contactors could open unexpectedly and cut power to the sedan’s electric motors, increasing the risk of an accident.

The driver does not receive a warning about this problem. Instead, they receive notifications about a system error and the reduction in drive power. However, vehicle gauges, power steering, and power brakes will still work.

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As a solution, Lucid Service Centers update vehicle software and replace contactor switches, if necessary, at no cost to the customer.

The contactors for the 2022 and 2023 Lucid Air vehicles were manufactured by Sensata Technologies, Inc, Lucid said in the filing.

Lucid began investigating the issue in May 2022 after a vehicle was taken to a Lucid Service Center following a power outage.

Lucid began delivering its Air sedan on October 30, 2021.

price action: Lucid shares closed up 0.6% on Monday and gained 0.6% in extended trading Data from Benzinga Pro.

Learn more about Benzinga’s coverage of the future of mobility from follow this link.

Continue reading: Rivian is recalling over 12,000 vehicles due to a passenger seat belt issue

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