Lucid Group has entered right into a multi-year provide settlement with Graphite One for pure graphite sourced in america, additional enhancing the corporate’s provide chain for American supplies.
Constructing on earlier agreements with Syrah Assets and Graphite One, Lucid’s future automobiles will more and more incorporate each pure and high-performance artificial graphite produced at these U.S. services, in partnership with the corporate’s battery cell suppliers.
Marc Winterhoff, Interim CEO of Lucid, acknowledged, “A provide chain of important supplies inside america drives our nation’s financial system and will increase our independence from exterior market elements whereas supporting our targets to decrease the carbon footprint of our automobiles. These partnerships underscore our dedication to fostering American innovation and manufacturing by way of localized provide chains.”
The settlement with Graphite One will start manufacturing of pure graphite in 2028, sourced from the Graphite Creek deposit positioned north of Nome, Alaska. This builds on a previous announcement concerning artificial graphite, which may also be provided for future automobiles beginning in 2028 from Graphite One’s deliberate anode materials facility in Warren, Ohio.
Anthony Huston, CEO of Graphite One, remarked, “This deal enhances our earlier settlement with Lucid in 2024, marking the primary artificial graphite partnership between a U.S. graphite developer and a U.S. EV firm. We’re paving the way in which to develop a totally home graphite provide chain to fulfill market calls for and improve U.S. trade and nationwide protection.”
Moreover, Syrah Assets is ready to offer pure graphite anode materials to Lucid beginning in 2026. This collaboration goals to facilitate the acquisition of those supplies over a three-year interval, with sourcing from Syrah’s AAM manufacturing facility in Vidalia, Louisiana.
These agreements underline Lucid’s dedication to bolstering its U.S.-based provide chain and guaranteeing a localized provide of important minerals. Each artificial and pure graphite play an important position in lithium-ion batteries, very important for fast-charging capabilities.
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