Electric car start out-up
Lucid
is securing electrical-automobile batteries in advance of its solution line expansion. The inventory is not acquiring any profit nevertheless.
Tesla
could be to blame.
On Tuesday,
Lucid
(ticker: LCID) reported that
Panasonic
(6752.Japan) will source EV batteries for its full lineup of electrical motor vehicles. The batteries will come from amenities in Japan as effectively as a new plant to be developed in De Soto, Kansas.