Lucid Motors Selects Everspin Technologies' PERSYST MRAM For Gravity Electric SUV
Portfolio Pulse from Benzinga Newsdesk
Lucid Motors has chosen Everspin Technologies' PERSYST MRAM for its Gravity Electric SUV, enhancing data reliability and system performance. This integration highlights the importance of Everspin's MRAM in high-performance EV models.
October 08, 2024 | 5:11 pm
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POSITIVE IMPACT
Lucid Motors' integration of Everspin's MRAM in the Gravity SUV enhances the vehicle's data reliability and system performance, potentially improving Lucid's product appeal and market position.
By integrating Everspin's MRAM, Lucid Motors improves the Gravity SUV's performance, which could enhance its market appeal and support positive short-term stock movement.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Everspin Technologies' MRAM has been selected by Lucid Motors for the Gravity Electric SUV, indicating a strong partnership and potential increase in demand for Everspin's products.
The selection of Everspin's MRAM by Lucid Motors for a high-profile vehicle like the Gravity SUV suggests increased demand and validation of Everspin's technology, likely leading to positive short-term stock movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80