Panasonic Energy supplies batteries for Lucid Air, Gravity EVs

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.

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.

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