Lucid Motors, which is experiencing significant financial losses associated with car manufacturing, is now looking to collaborate with established players in the automotive industry. The electric car company has already struck a deal with Aston Martin to provide technology for its future electric vehicle platform. However, Lucid is looking to expand its partner portfolio.
In an interview for BloombergLucid CEO Peter Rawlinson said the company is in talks with several automakers, including Hyundai-owned Genesis. Rawlinson expressed a desire to provide Lucid’s technology to more established car brands to support a sustainable transition. Lucid’s deal with Aston Martin is one-sided for now as only Lucid has committed to deliver the technology in exchange for financial compensation, it said. HAK magazine.
Aston Martin plans to launch its first electric car with Lucid’s technology in 2026 and has plans for more electric cars in the future. However, Lucid expects future partnerships to provide more than just financial gain.
By the way, the American brand with Saudi owners is not the only manufacturer of electric cars that is looking for cooperation with established car brands. Let’s remind, competitor Rivian entered into a joint venture agreement with Volkswagen for the development of electric cars and saved itself from a similar situation.
By the way, Lucid produces the luxurious sedan Air, and there is also the new SUV model Gravity.
Izvor: Revijahak.hr / Bloomberg
Photo: Arhiva Autoblog.rs / Lucid Motors
Source: autoblog.rs
