'Lucid Motors in Licensing Talks with "Many" Automakers, VP Says' - Eletric Vehicles
Portfolio Pulse from Benzinga Newsdesk
Lucid Motors is in discussions with multiple automakers to license its electric vehicle technology. This move could potentially expand Lucid's revenue streams and market influence.
September 20, 2024 | 5:16 pm
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Lucid Motors is negotiating with several automakers to license its electric vehicle technology, which could enhance its revenue and market presence.
The news of Lucid Motors engaging in licensing talks with various automakers suggests a strategic move to diversify and increase its revenue streams. This could positively impact Lucid's stock price as it indicates potential growth and expansion in the EV market.
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