American electric vehicle company Lucid has signed multiple graphite contracts to secure a local supply chain for mining.

The American electric vehicle company Lucid announced on its official website on Wednesday local time that it has reached a long-term supply agreement with Graphite One to purchase natural graphite from the United States. According to the agreement, Graphite One is expected to begin production in 2028 and supply natural graphite to Lucid and its battery suppliers. The press release mentioned that the natural graphite from Graphite One comes from the Graphite Creek deposit north of Nome, Alaska. This agreement builds on a contract signed by both parties in 2024, with Graphite One committing to supply Lucid with synthetic graphite for future models from its planned anode active material plant in Warren, Ohio.