Lucid Group announced the signing of a multi-year supply agreement with Graphite One for American-sourced natural graphite, further strengthening the company’s supply chain for American raw materials and resources.
Lucid Group has reached an agreement to acquire select facilities and assets in Arizona previously belonging to Nikola Corporation, subject to approval by the U.S. Bankruptcy Court for the District of Delaware.
Lucid produced 9,029 vehicles, in line with the 2024 annual production guidance of approximately 9,000 vehicles, and delivered 10,241 vehicles in 2024.