The South Korean company LG Chem said that it will be the exclusive supplier of batteries for U.S. company Lucid Motors. The first cars should appear at the end of 2020.
South Korean manufacturer of rechargeable batteries, among whose clients General Motors and Volkswagen, will supply cylindrical batteries to Lucid Air, since the second half of this year until 2023.
At the same time, neither Lucid nor LG Chem did not disclose the supply volumes and the contract value, says usnews.
What is known about automotive startup Lucid?
At the end of 2018, Lucid has received about $ 1 billion from Saudi Arabia in the organization of production, and in late January began accepting pre-orders.
Lucid is engaged in the manufacture of a pilot batch of 80 cars, most of which will be used in various tests.
What the company offers
One of the most important innovations of the electric Air model year 2020 – the most powerful charging system with a capacity of 900 kW. This allows you to set the battery, which is enough for 640 kilometers of turn.
The price of the electric car
Lucid refused cheapest options and now hopes to sell its electric cars at a price of $ 100,000 and more. In addition, the Director of a startup is not excluded that the company will sell the engines separately as a vendor.
When I imagine the car
The production version of the Lucid Air, expected to present at the April motor show in new York.
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