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Lucid Group Inc (Nasdaq: LCID) expects its upcoming Gravity SUV to deliver a significant boost to sales, narrows losses, and orchestrate a stock price recovery in 2025.Customers will be able to place orders for the Gravity Grand Touring from November 7th. Lucid will sell this model for $94,900 but will roll out a lower-priced ($79,900) entry-level trim by the end of this year as well.Ahead of launching the Gravity SUV, Lucid stock is down more than 40% versus its year-to-date high in late August.

Here’s what Gravity could mean for Lucid stock?
Lucid currently has only one vehicle in its portfolio – the Air sedan and even that has failed to drive particularly strong sales volume since its launch in 2021.But that’s slated to change with mass production of Gravity that is expected to commence before the start of next year, as per the company chief executive Peter Rawlinson.“I’m confident we’ll enjoy significant step change in demand for our products.There’s about a 6-to-1 ratio … for the SUV over sedan, and that’s going to put us in a very strong position, he told CNBC in an interview on Tuesday.Such a massive potential increase in sales would be material for Lucid stock that has been struggling due to disappointing demand.The EV company delivered 7,142 vehicles in total in the first three quarters of this year that, nonetheless, translates to a significant increase versus the same period last year.

Is Lucid stock worth buying at current levels?
Lucid will accelerate output at its Arizona factory to meet demand for Gravity that it expects will initially outpace production.The automaker has recently raised $1.75 billion to secure “cash runway well into 2026.”Together, these developments offer at least some confidence when it comes to investing in Lucid stock.In fact, the Nasdaq-listed firm is “one of the most attractive among the universe of start-up electric vehicle automakers,” as per Bank of America analyst John Murphy.He’s convinced that LCID has “more pieces of the puzzle in place and in process than most of its peers” and has immense confidence in its leadership as well. Still, Murphy has a “neutral” rating only on Lucid Group at writing.  That’s because the company may take until 2027 (at least) to breakeven on operating and cash flow basis and “would need to raise a substantial amount of capital over the next few years.” BofA expects the EV company to raise over $10 billion before it hits self-sustenance.  All in all, Lucid stock remains a high-risk investment but it may as well offer high returns to ones with patience.More By This Author:Occidental Stock At $50: Why It’s A No-Brainer Buy
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