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Lucid Group, Inc. (LCID)'s SUV Arrives With High Hopes And Significant Risks

By Fatima Gulzar | January 02, 2026, 3:29 PM

Lucid Group, Inc. (NASDAQ:LCID) is among the 9 Best Auto Stocks to Buy Now.

Lucid Group, Inc. (LCID)'s SUV Arrives With High Hopes And Significant Risks

CNBC reported on December 20, 2025, that Lucid Group, Inc. (NASDAQ:LCID) is expanding the manufacturing of its Gravity three-row SUV. It is marking its first entry into the SUV market, which is expected to retail for approximately $79,900. So far, the business has sold just a few hundred Gravity products in 2025, with manufacturing limited due to magnet, aluminum, and chip scarcity. As per the firm, those supply-chain issues have been fixed, and a second assembly shift has been introduced. As a result, deliveries have gone up for seven straight quarters, with a 47% year-over-year rise in the third quarter.

Lucid Group, Inc. (NASDAQ:LCID) reported a declining gross profit and a net loss of about $1 billion for the third quarter. The company completed the quarter with overall liquidity of $5.5 billion after raising a delayed draw term loan arrangement with Saudi Arabia’s Public Investment Fund to about $2 billion, providing funding until the first half of 2027. The PIF owns about 55% of Lucid Group, Inc. (NASDAQ:LCID), according to FactSet.

The firm’s interim CEO, Mark Winterhoff, stated that the Gravity is more in demand than the Air sedan, with the majority of client setups costing more than $100,000. In 2024, Lucid Group, Inc. (NASDAQ:LCID) delivered 10,241 vehicles, mostly Air sedans. The business is planning a mid-size crossover priced at $50,000 and aims to invest in autonomous vehicle technology through collaborations with Uber, Nuro, and Nvidia, and boost branding to tackle limited brand awareness.

Lucid Group, Inc. (NASDAQ:LCID) is a technology and automobile firm. It develops the next generation of electric vehicle technology.

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READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025.

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