Lucid Group Recalls 27,185 Air Luxury Sedans In US Over Electrical System Defect

Lucid Group is recalling 27,185 Air luxury sedans in the U.S. due to a fire risk from an overheating exterior lighting circuit, per NHTSA. While the issue is product-safety focused, recalls typically raise near-term cost and liability concerns for the company. The update is unlikely to be market-wide, but could pressure LCID sentiment modestly.