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EV maker Lucid to recall more than 27,000 luxury sedans over fire risk, NHTSA says

Source: CNBC

Automotive & EVRegulation & LegislationLegal & LitigationCompany Fundamentals

Lucid will recall 27,185 Air luxury sedans in the U.S. due to a potential exterior lighting circuit overheating that could increase fire risk. The issue raises near-term reputational and legal/repair cost risk, though the impact is likely limited to a specific safety exposure rather than a broad demand shock.

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