Hyperdrive
Lucid in Talks to Partner With Carmaker, Plans IPO in Few Years
A Lucid Motors vehicle sits on display during the 2017 New York International Auto Show.
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
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.