• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
lucid

Samsung Is Supplying This Electric Car Startup With Breakthrough Battery Tech

By
Kirsten Korosec
Kirsten Korosec
Down Arrow Button Icon
By
Kirsten Korosec
Kirsten Korosec
Down Arrow Button Icon
December 7, 2016, 1:09 PM ET
Photo by Lucid Motors

Samsung SDI has agreed to supply electric auto startup Lucid Motors with lithium-ion batteries that the two companies say outperform what’s currently available in the marketplace. The joint deal, the terms of which were not disclosed, follows Lucid Motors’s announcement that it will build a $700 million factory in Casa Grande, Ariz. employing up to 2,000 workers.

The factory will begin producing 1,000 horsepower cars in 2018 and at least one variant will be able to travel 400 miles on a single charge, Lucid Motors chief technology officer Peter Rawlinson has said.

Samsung and Lucid Motors worked together on the development of the next-generation cylindrical cells. Tesla became an early standout in the electric vehicle space in part due to its innovative battery pack that is designed around small format cylindrical lithium-ion cells. Until Tesla, the electric vehicle industry had stuck with large format prismatic cells.

There are challenges with using small cells like the ones Tesla has in its battery packs. The cells require a lot of thermal cooling, sensors and wiring.

Samsung SDI and Lucid say the batteries “exceed current performance benchmarks in areas such as energy density, power, calendar life, and safety. Significantly, this jointly developed cell achieves breakthrough tolerance to repeated fast charging.”

Neither companies provide any more details on how they achieved these breakthroughs.

Battery suppliers are working more closely with automakers that are trying to develop electric vehicles. These deep partnerships are what can lead to cheaper, more efficient, more powerful batteries, which will, in turn, help make electric vehicles more attractive to consumers.

LG Chem’s collaboration with General Motors helped the automaker develop the new Chevrolet Bolt, a mass market electric vehicle that will get 238 miles on a single charge. Pushing the battery range past 200 miles in a car that costs under $40,000, has been viewed as critical for the widespread adoption of electric vehicles. Meanwhile., Panasonic has worked closely with Tesla and is the main battery supplier for its Model S sedan, Model X SUV, and its upcoming mass market car, the Model 3. LG Chem did help Tesla

Tesla engineers continue to look for new ways to cram more energy into those same small cells. In August, the automaker announced a new 100-kilowatt-hour battery pack that enables its cars to drive greater distances on a single charge and accelerate more quickly. Tesla didn’t achieve this by messing with the cell chemistry. Instead, the company’s engineers create a new battery cell cooling system and rearranged the electronics and battery cell architecture.

Lucid Motors does telegraph why an energy dense battery that can be fast-charged repeatedly without damaging it is so important.

“The breakthrough battery life demonstrated by the new cell from Samsung SDI will be of tangible benefit to our customers, particularly companies with ride-sharing services operating around the clock,” Rawlinson said.

About the Author
By Kirsten Korosec
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

ICE
PoliticsImmigration
‘We believe in Allah, but we can’t do anything’: Somali shops reel in Minneapolis because ICE is bad for business
By Sarah Raza and The Associated PressJanuary 18, 2026
13 hours ago
typewriter
Future of Worksubscription economy
Meet a 28-year-old Canadian woman who turned her pen-pal side hustle into a subscription side hustle with over 1,000 members
By Cheyanne Mumphrey and The Associated PressJanuary 18, 2026
14 hours ago
Epstein
LawJeffrey Epstein
Epstein files fight in court heats up as congressmen accuse DOJ of ‘serious misconduct’
By Michael R. Sisak, Larry Neumeister and The Associated PressJanuary 18, 2026
14 hours ago
rummler
LawImmigration
See the face of ICE’s crackdown on normal Americans: a 21-year-old college student permanently blind in one eye
By Amy Taxin and The Associated PressJanuary 18, 2026
15 hours ago
mckibben
Environmentaffordability
Electricity as the new eggs: Affordability concerns will swing the midterms just like the 2024 election, Bill McKibben says
By Seth Borenstein, Amanda Swinhart and The Associated PressJanuary 18, 2026
15 hours ago
trump
EuropeTariffs and trade
America’s NATO allies erupt in tariff fury: read their rebuke of Trump
By The Associated PressJanuary 18, 2026
15 hours ago

Most Popular

placeholder alt text
Economy
3 things Trump did in 24 hours to show that he's in control of American business
By Eva RoytburgJanuary 8, 2026
10 days ago
placeholder alt text
AI
This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he'd do it again
By Nick LichtenbergJanuary 11, 2026
7 days ago
placeholder alt text
Economy
Making billionaires illegal by taxing their wealth wouldn’t even fund the government for a year, budget expert says
By Nick LichtenbergJanuary 17, 2026
2 days ago
placeholder alt text
AI
Ford CEO warns there's a dearth of blue-collar workers able to construct AI data centers and operate factories: 'Nothing to backfill the ambition'
By Sasha RogelbergJanuary 18, 2026
17 hours ago
placeholder alt text
Economy
National debt is already killing the American Dream, says top economist—and it might push the U.S. into an outright depression
By Eleanor PringleJanuary 18, 2026
22 hours ago
placeholder alt text
Banking
'Absolutely, positively no chance, no way, no how, for any reason': Dimon says he'd never run the Fed but 'would take the call' to lead Treasury
By Jacqueline MunisJanuary 16, 2026
3 days ago

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.