Panasonic Energy will supply Lucid Group with batteries for the Lucid Air and Gravity SUV

According to SNE Reasearch, the global battery usage for 2022 has been 518GWh - a 517.9% growth YoY. For this year, the research agency expects 749 GWh of batteries to be deployed in EVs, PHEVs, and HEVs. Being a South Korean company, SNE Research pays special attention to the three local companies that are major players in the EV battery market - Samsung SDI, SK On, and LG Energy Solution. Their production is...

8 February 2023

Lucid Group announced production and delivery totals for the quarter ended December 31, 2022. The company produced 3,493 vehicles during Q4 at its manufacturing facility in Arizona and delivered 1,932 vehicles during the same period. On a full-year basis, the company produced 7,180 vehicles, exceeding provided guidance range of 6,000-7,000 vehicles, and delivered 4,369 vehicles. Lucid will host a conference call to...

12 January 2023

According to Digitimes Research reported by Digitimes Asia, the global sales of electric vehicles have reached 9.78 million units in 2022. The projected growth for this year is 49% to 14 million units sold globally. Of those, 9 million are expected to be sold in China only. Even now, China's share of the global EV sales is higher than 60%. For comparison, Europe sales account for 24% of the total sales, and USA...

11 January 2023

Lucid Group today announced new details about Lucid Gravity, the first luxury electric SUV from the brand. It will land in 2024, with reservations opening in early 2023. Lucid is currently finalizing the vehicle design and specifications, in parallel with continuing the expansion of its AMP-1 factory in Casa Grande, AZ. Gravity builds upon Lucid's core DNA of luxury, spaciousness, performance, and efficiency...

15 November 2022

Lucid Air Touring and Lucid Air Pure are the latest additions to the Air model line, which already includes the groundbreaking Air Grand Touring and Air Grand Touring Performance. Today the brand unveiled their produciton-specifications and even delivered the first Air Touring to a customer. Lucid also announced that the development of Air Pure and Air Touring has brought about key changes across the entire model...

15 November 2022

Panasonic Energy began construction on a new lithium-ion battery manufacturing facility in De Soto, Kansas. The project will drive significant economic activity and opportunities for the local Kansas economy making the state a key player in the domestic electric vehicle (EV) industry. Facility construction is focused on rapidly ramping up manufacture of "2170" cylindrical Li-ion batteries to meet surging domestic EV...

7 November 2022

Lucid Group today announced that Lucid Air Pure and Lucid Air Touring will be unveiled during an online global launch event entitled "In the Air and Beyond – A Lucid Launch Event," taking place on Tuesday, November 15 at 10:00 am PST/1:00 pm EST, ahead of the first Air Touring delivery taking place that same evening at the company's Beverly Hills Studio. In addition, the online event will also feature exciting...

4 November 2022

Nouveau Monde Graphite Inc. (NMG), Mitsui, and Panasonic Energy have entered into a Framework Agreement establishing the terms of the commercial relationship between the parties to enable the next development steps of NMG’s ore-to-battery-market integrated graphite project in Québec, Canada. NMG will use the proceeds of the abovementioned investment to work in the upcoming months on optimizing the feasibility study...

27 October 2022

Lucid Group announced preliminary production and delivery totals for the quarter ended September 30, 2022. The company produced 2,282 vehicles during Q3 at its manufacturing facility in Arizona, more than tripling the number produced in Q2, and delivered 1,398 vehicles during the same period. These figures remain in line with the company's expectations, and Lucid believes it is on track to deliver on its previously...

14 October 2022

Lucid Motors has unveiled the Lucid Air Sapphire - "the embodiment of what ultra-high-performance luxury means to Lucid," according to Derek Jenkins, SVP of Brand and Design. At the heart of the vehicle is a three-motor powertrain. The new twin rear-drive unit — developed and manufactured in-house — incorporates torque vectoring, which extends the capabilities of the car beyond those achievable with a passive...

22 August 2022

Panasonic Energy and Kansas Gov. Laura Kelly jointly announced that the state of Kansas has approved an Attracting Powerful Economic Expansion (APEX) state incentive application submitted by Panasonic Energy. The agreement would make the state the location for a proposed US-based lithium-ion battery manufacturing facility, pending approval by Panasonic Holdings Corporation Board of Directors. Panasonic Energy plans...

14 July 2022

Yesterday, LG Energy Solution said that it will invest 730 billion won in its Ochang facility to expand the production capacity of cylinder batteries. 580 million won of those will go to the site's second factory, increasing the 4680 batteries' annual capacity by 9 GWh. The rest of the investment will be used in the first factory for increasing by 4 GWh the annual capacity of the 2170 batteries. The production...

14 June 2022

Lucid Group announced its initial launch plans for the European market. This includes the forthcoming availability of both versions of Lucid Air Dream Edition with the most advanced electric powertrain available today. The Dream Edition R is optimized for efficiency with an estimated 900 km of range, and the Dream Edition P features 1,111 horsepower (828 kW). The company also plans to open its first European retail...

11 May 2022

NHK reports that Panasonic plans to build a plant in the USA to build 4680 batteries for Tesla. According to the media's sources, the Japanese company ponders on buying land in Oklahoma or Kansas. The latest Tesla gigafactory is in Texas, which borders Oklahoma state. A week ago, Panasonic officially said that it will commence producing batteries for Tesla in two years in its Wakayama factory. There's no official...

4 March 2022