May 28, 2022

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Future Technology

Tesla’s Big Rival Lucid Has Some Very Good News

Lucid Group  (LCID) – Get Lucid Team, Inc. Report is smiling. 

That is noteworthy specified the state of the automotive sector, which finds by itself caught among the provide-chain disruption brought on by the covid-19 pandemic, the shortage of pc chips expected to run vehicles, and Russia’s invasion of Ukraine, which is fueling a runup in costs of significant raw resources these kinds of as nickel. 

Nickel is a crucial component of batteries, the centerpiece of electrical cars, and Russia is a single of the most important producers of the steel.