Connect with us

Hi, what are you looking for?

CleanTechnica

Batteries

Lucid Motors Signs Strategic Supply Agreement With LG Chem

Following the official unveiling of its very interesting “Air” luxury sedan model, and plans to build a manufacturing facility in Arizona, Lucid Motors has announced that it has signed a strategic supply agreement with LG Chem.

Following the official unveiling of its very interesting “Air” luxury sedan model, and plans to build a manufacturing facility in Arizona, Lucid Motors has announced that it has signed a strategic supply agreement with LG Chem.

A new press release from the company on the matter clarifies that the agreement concerns special cylindrical lithium-ion battery cells that LG Chem will be producing for Lucid Motors. These cells will apparently feature a proprietary chemistry developed jointly by the two.

That last bit shouldn’t be surprising, as Lucid Motors (back when it was known as Atieva) was originally an electric vehicle (EV) battery technology firm.

This news also follows the announcement of a separate battery cell supply agreement with Samsung SDI.

The press release explains: “Although both supply agreements are intended for Lucid’s first vehicle, there are other possible applications for these cells. These could include batteries developed for other companies as part of Lucid’s powertrain supply business, or variants of the sedan with specific performance requirements. The differing performance attributes available from the two cell suppliers provide Lucid with maximum flexibility to select the best cell for each application.”

The Director of Battery Technology at Lucid Motors, Albert Liu, commented: “Lucid Motors is grateful for the tremendous level of support from the LG Chem team. LG Chem’s lithium-ion cells are among the best on the market, and we are pleased to have them as one of the suppliers of this critical component. I look forward to continued collaboration with LG Chem on the many exciting projects we have in our product pipeline.”


Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Written By

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy.

Comments

#1 most loved electric vehicle, solar energy, and battery news & analysis site in the world.

 

Support our work today!

Advertisement

Power CleanTechnica: $3/Month

Tesla News Solar News EV News Data Reports

Advertisement

EV Sales Charts, Graphs, & Stats

Advertisement

Our Electric Car Driver Report

30 Electric Car Benefits

Tesla Model 3 Video

Renewable Energy 101 In Depth

solar power facts

Tesla News

EV Reviews

Home Efficiency

You May Also Like

Batteries

Canaccord Genuity had some positive things to say about Tesla recently, according to StreetGuru. Tesla is becoming the brand in energy generation and storage...

Batteries

GM has already started reconfiguring its Tennessee factory to build electric cars. Now it has announced a new battery factory in partnership with LG...

Cars

The Korea Times, a major newspaper in Korea, reports that a joint venture between LG Electronics and Magna International is “very near” a contract...

Batteries

Just on the trail of other big battery news in the US (and globally), we’ve got news today from Rivian that it will be...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.