Lucid energy storage Türkiye

What resources is lucid putting towards an energy storage business?

It’s unclear what resources — in terms of people and capital — Lucid is putting towards an energy storage business. Such details are likely to remain scant until after the company officially becomes a publicly traded company.

Can lucid repurpose batteries from electric vehicles?

The company, which is already experimenting with energy storage systems for commercial and residential customers, is also eyeing ways to repurpose batteries from its electric vehicles. It’s unclear what resources — in terms of people and capital — Lucid is putting towards an energy storage business.

Why do EV manufacturers partner with lucid?

“With the increased electrification of the automotive market, partnerships with technology-leading EV manufacturers such as Lucid are critical to our mission,” said Kazuo Tadanobu, President, CEO of Panasonic Energy Co., Ltd.

Is Lucid Air a luxury car?

The company’s first car, Lucid Air, is a state-of-the-art luxury sedan with a California-inspired design that features luxurious full-size interior space in a mid-size exterior footprint. The Lucid Air Grand Touring features an official EPA estimated 516 miles of range or 1,050 horsepower.

Will lucid and Panasonic's assessments change?

Lucid and Panasonic anticipate that subsequent events and developments will cause Lucid’s and Panasonic’s assessments to change. However, while Lucid and Panasonic may elect to update these forward-looking statements at some point in the future, Lucid and Panasonic specifically disclaim any obligation to do so.