Lucid Announced Second Strategic Battery Partnership – With LG Chem

6 months ago by Mark Kane 8

Lucid Air

Lucid Air – set for a 2018 arrival

Lucid Motors surprisingly announced second strategic partnership with lithium-ion battery cell supplier LG Chem, this after previously teams with Samsung SDI.

Lucid Air

Lucid Air with 100 kWh standard battery good for 300 miles, and a 130 kWh option pack – good for ~400 miles.

Having two battery suppliers will certainly give Lucid more flexibility and piece of mind, as well as opportunity to use cells best suited for various applications.

Although one has to wonder if two seriously major battery OEMs have any interest in competing (or being played off each other) for the same, relatively small, contract.

Both of these contracts frame the new cells as being unique to Lucid (with ground-breaking “proprietary chemistry” jointly developed) and for use in the upcoming Air (details).

Lucid Air is to be available with a 100 kWh and 130 kWh battery pack option, so perhaps the battery contracts are split between the two pack options.

Also of note:  the latest press release indicates an intention to offer other battery products.

“These could include batteries developed for other companies as part of Lucid’s powertrain supply business, or variants of the sedan with specific performance requirements. The differing performance attributes available from the two cell suppliers provide Lucid with maximum flexibility to select the best cell for each application.”

Press blast:

Lucid Announces Strategic Partnership with LG Chem

Advanced battery cells will be used in Lucid vehicles and other applications

Lucid Air

Lucid Air

Lucid Motors has signed a strategic supply agreement with LG Chem for lithium-ion battery cells. The agreement establishes LG Chem as one of the key suppliers of cells for Lucid’s products. The cylindrical cells that LG Chem will be producing for Lucid will feature a proprietary chemistry that has been developed together in partnership.

Lucid enters the agreement after nearly a decade of experience with electric vehicle battery pack research, development and commercial operations. These battery systems have logged over 20 million miles to date, and the data Lucid has collected and analyzed from these operations have been a critical factor in selecting the best strategic suppliers.

Lucid has recently announced a separate battery cell supply agreement with Samsung SDI. Although both supply agreements are intended for Lucid’s first vehicle, there are other possible applications for these cells. These could include batteries developed for other companies as part of Lucid’s powertrain supply business, or variants of the sedan with specific performance requirements. The differing performance attributes available from the two cell suppliers provide Lucid with maximum flexibility to select the best cell for each application.

Lucid has very high expectations for the cells that are used in our batteries, and we are fortunate to have two companies that are willing and able to work with us to meet our requirements. The market now has multiple top-tier cell suppliers for automotive applications who are continuing to improve the energy storage, life, safety, and fast-charging characteristics of a cell. This emergence of high quality automotive grade cells is a positive development for Lucid, and it bodes well for the future of electric vehicles.

Lucid Air

Lucid Air

“Lucid Motors is grateful for the tremendous level of support from the LG Chem team,” said Albert Liu, PhD, Lucid’s Directory of Battery Technology. “LG Chem’s lithium-ion cells are among the best on the market, and we are pleased to have them as one of the suppliers of this critical component. I look forward to continued collaboration with LG Chem on the many exciting projects we have in our product pipeline.”

“It is a great honor to be nominated to be a battery cell supplier and a pleasure to support Lucid Motors to realize its vision” said Youngsun Kim, LG Chem VP of Sales. “Lucid Motors and LG Chem have collaborated on developing power management technology by bringing our expertise in lithium-ion battery cells. We are trying our best to meet the stringent and outstanding performance and quality standards of Lucid Motors.”

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8 responses to "Lucid Announced Second Strategic Battery Partnership – With LG Chem"

  1. JyBicycleOrTesla says:

    I bet, under the hood, Lucid and FF are the same.

    1. MTN Ranger says:

      No, that’s not true. BTW, I know a parts supplier to FF and Tesla.

  2. ballen says:

    i love how everyone these days takes liberties with journalistic integrity.

    just how do you Mr. Kane know the details of both supplier contracts? how can you claim they are competing with each other. you dont even know the details of the contracts.

    sensationalist.

  3. Pushmi-Pullyu says:

    So, Lucid is now claiming “ground-breaking ‘proprietary chemistry’ jointly developed” with both Samsung and with LG Chem?

    We need a facepalm emoticon.

    1. MTN Ranger says:

      “The differing performance attributes available from the two cell suppliers provide Lucid with maximum flexibility to select the best cell for each application.”

      No, the cells are different.

      1. Pushmi-Pullyu says:

        You miss my point. My point is that Lucid is claiming “ground-breaking ‘proprietary chemistry’ jointly developed” with not just one, but two companies within a short period of time.

        Of course, we have no reason to doubt claims of “ground-breaking” battery tech from a hi-tech startup, now do we? /snark

  4. SJC says:

    We could see two segments of EV, $80,000 plus and $40,000 minus, both will benefit from battery advances.

  5. mhpr262 says:

    Bangle Butt still looks bad. Notice how they attempted to blur out the panel gap lines in the second shot from the rear, with the lit rear lights.