Lucid in Talks to Partner With Carmaker, Plans IPO in Few Years
by Craig Trudell, Gabrielle Coppola, and Emily Chang | Bloomberg
Lucid Motors Inc. is in talks with automakers about potentially sharing its electric-vehicle technology and plans to go public in a few years, a senior executive said.
The company isn’t mulling a potential sale, Chief Technology Officer Peter Rawlinson said in an interview. Lucid considered one earlier and even held early-stage takeover talks with Ford Motor Co., Bloomberg News reported in July 2017, citing people familiar with the discussions.
“We’re actually currently in dialogue with companies that are interested in our technology,” Rawlinson said at the BloombergNEF Summit in San Francisco. “If there is an opportunity for partnership with some way that doesn’t dilute our brand and is beneficial, then that would be ultimately a board decision.”
