Business

Panasonic Energy supplies batteries for Lucid Air, Gravity EVs

Panasonic Energy Co., Ltd. will supply Lucid Group, Inc. with EV batteries for Lucid's Air luxury car and Gravity SUV.

David Sickels is the Editor of The Buzz. He has a history of working in the media, marketing and automotive industries in both print and online.

Published: March 30, 2023

Panasonic Energy Co., Ltd. and Lucid Group, Inc. have entered into multi-year agreements to supply batteries for Lucid’s Air luxury car and Gravity SUV. The agreement will allow Panasonic to expand production of lithium-ion EV batteries beyond Japan and into the U.S. with production coming from both a facility in Japan, as well as expected future production from its recently announced battery production facility in De Soto, Kansas, the company says.

This agreement will help Lucid meet the growing demand for lithium-ion batteries as the company ramps production of the full Lucid Air lineup in 2023 and begins production of the Gravity SUV in 2024.

Wallbox appoints Luis Boada as chief financial officer

Boada has close to two decades of experience in corporate development, finance and investor relations in both North American and European markets.

By Christian Hinton

Published: April 18, 2024

Wallbox, a global provider of electric vehicle (EV) charging and energy management solutions in Barcelona, Spain, revealed that Luis Boada will join the company as chief financial officer, effective May 15.

Following a transition period, Wallbox also will propose the appointment of Jordi Lainz as a member of the board of directors during the 2024 Annual General Meeting of shareholders.