Tesla’s Big Rival Lucid Has Some Very Good News


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

That’s noteworthy given the state of the automotive sector, which finds itself caught between the supply-chain disruption caused by the covid-19 pandemic, the shortage of computer chips required to run cars, and Russia’s invasion of Ukraine, which is fueling a runup in prices of critical raw materials such as nickel. 

Nickel is a key component of batteries, the centerpiece of electric vehicles, and Russia is one of the main producers of the metal.


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