Lucid Motors seeks partnerships with multiple automakers

The head of Lucid Motors, an American electric car manufacturer, recently said that they are in talks with several automakers with the goal of expanding the company's influence in the electric car market. The company hopes to share costs and intellectual property with traditional automakers. He said it would be a good thing if Lucid Motors could provide technical support to traditional automakers to help them achieve sustainable development. In addition, Lucid Motors may also take advantage of these companies' auto parts inventory and business economies of scale. Although Lucid Motors' annual production is only a small fraction of Tesla, the leader in the US electric vehicle market, the company has begun selling its Lucid Air model and has just started production of the Lucid Gravity SUV.