GreenEnergyBreaks — Lucid Group Inc. (NASDAQ: LCID), Graphite One (GPHOF) Agreement Receives Support, Recognition from Government Officials
Lucid Group (NASDAQ: LCID), maker of the world's most-advanced electric vehicles, has entered into a nonbinding supply agreement with Graphite One Inc. (TSX.V: GPH) (OTCQX: GPHOF). The agreement was announced by Graphite One, which is planning a complete domestic U.S. supply chain for advanced graphite materials, at a briefing held at the U.S. Capital on July 25, 2024. According to the announcement, the agreement, which is for anode active materials (“AAM”), represents “the first step in a 100% U.S.-based supply chain linking Alaska, Ohio and Arizona.” Following the announcement, several senators and government officials commented on the agreement, noting its significance. Those commenting included…