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Ready to recall more than 200 Air sedans due to possible safety issues



Electric vehicle maker Lucid Group on Tuesday said it would recall more than 200 of its premium sedans due to possible safety issues, sending its shares down nearly 5%.

The California-based company said it was possible that the front strut damper – a component used in the suspension – on its sedans was improperly assembled by the supplier.

Lucid doesn’t know of any cases of broken parts in his car, but he expects about first% of 203 affected cars may have incorrectly installed parts.

The company started building a $169,000 electric sedan in September after struggling with delays due to quality issues. The company delivered a small number of cars.

In recent weeks, Tesla submitted remember with National Highway Traffic Safety Administration for problems related to its driver support system and other software problems.

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