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Lucid to Buy US-Made EV Batteries from Panasonic

Lucid Interim CEO Marc Winterhoff discusses the company’s plans to buy electric vehicle batteries made at Panasonic’s new Kansas plant. Winterhoff also talks about how the company’s business is being impacted by tariffs with Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes…

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Lucid Interim CEO Marc Winterhoff discusses the company’s plans to buy electric vehicle batteries made at Panasonic’s new Kansas plant. Winterhoff also talks about how the company’s business is being impacted by tariffs with Ed Ludlow on “Bloomberg Tech.”
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15 Comments

15 Comments

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  10. @ArcticPrimal

    July 14, 2025 at 3:06 pm

    This is because of Biden’s push to fund EV boom and battery manufacturing in the US. Let’s hope Trump or MAGA take credit for this even though they’re not fans of EVs and dismantling the EV push such as credits etc

  11. @taaviplaan

    July 14, 2025 at 3:58 pm

    There’s not many options on the table when you want to make the battery locally. I’d say that Lifepo4 manufacturing processes or Solid State batteries are 5 years ahead of 2170 cells.
    Isn’t less amount of cells less prone to failures?

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Bloomberg Technology

Defense Tech Boom Fuels Shield AI’s Expansion

Shield AI is acquiring counter-drone technology company Echodyne in a deal worth more than $5 billion, a major expansion of its push into next-generation defense technology. CEO Gary Steele discusses why counter-drone capabilities are becoming increasingly critical and why investor appetite for defense tech remains strong as Shield AI raises new capital at a sharply…

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Shield AI is acquiring counter-drone technology company Echodyne in a deal worth more than $5 billion, a major expansion of its push into next-generation defense technology. CEO Gary Steele discusses why counter-drone capabilities are becoming increasingly critical and why investor appetite for defense tech remains strong as Shield AI raises new capital at a sharply higher valuation. He joins Tim Stenovec on “Bloomberg Tech.”
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Bloomberg Technology

Agility Robotics Makes Public Debut as Humanoids Scale

Agility Robotics is making its public market debut, becoming the first dedicated US humanoid robotics company to go public. CEO Peggy Johnson discusses growing deployments of its Digit robot, $300 million in pending orders and why the company chose to go public now despite market volatility. She joins Tim Stenovec on “Bloomberg Tech.” ——– Like…

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Agility Robotics is making its public market debut, becoming the first dedicated US humanoid robotics company to go public. CEO Peggy Johnson discusses growing deployments of its Digit robot, $300 million in pending orders and why the company chose to go public now despite market volatility. She joins Tim Stenovec on “Bloomberg Tech.”
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Bloomberg Technology

Apple Taps Bond Market for $7B as Tech Sells Off

Apple is looking to raise about $7 billion in its first investment-grade bond sale in more than a year, with proceeds helping to fund share buybacks. Bloomberg Intelligence’s Robert Schiffman says the move looks opportunistic rather than driven by a need for cash. He also explains why Apple is standing out in the broader tech…

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Apple is looking to raise about $7 billion in its first investment-grade bond sale in more than a year, with proceeds helping to fund share buybacks. Bloomberg Intelligence’s Robert Schiffman says the move looks opportunistic rather than driven by a need for cash. He also explains why Apple is standing out in the broader tech selloff as investors reassess the debt and spending behind the AI infrastructure boom. He joins Tim Stenovec on “Bloomberg Tech.”
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