Core Viewpoint - Lucid Group has signed a multi-year supply agreement with Graphite One for American-sourced natural graphite, enhancing its supply chain for raw materials and resources sourced in the United States [1][2] Group 1: Supply Agreements - The agreement with Graphite One will provide natural graphite starting in 2028, sourced from the Graphite Creek deposit in Alaska [2][3] - This deal builds on a previous agreement with Graphite One for synthetic graphite, also set to begin in 2028, sourced from an active anode material facility in Warren, Ohio [2][4] - Syrah Resources will supply natural graphite AAM to Lucid starting in 2026, sourced from its facility in Vidalia, Louisiana [3][4] Group 2: Strategic Importance - The partnerships are aimed at strengthening the U.S.-based supply chain for critical minerals, which are essential for lithium-ion batteries and fast-charging performance [4] - The agreements reflect Lucid's commitment to American innovation and manufacturing, promoting localized supply chains to enhance economic independence and reduce carbon footprints [2][4] Group 3: Company Overview - Lucid Group is focused on creating advanced electric vehicles, with notable models including the award-winning Lucid Air and the new Lucid Gravity [5] - The company operates a vertically integrated factory in Arizona, emphasizing its commitment to industry-leading technology and innovations in the EV sector [5]

President Trump says he told Apple CEO Tim Cook to scale back plans to produce iPhones in India and instead re-shore manufacturing back to the US — a demand that could complicate the company’s global supply chain strategy.“I had a little problem with Tim Cook yesterday,” Trump said during a state visit to Qatar, referencing his conversation with the Apple chief.“He is building all over India. I don’t want you building in India.” 4 President Trump says he told Apple CEO Tim Cook that the tech giant needs t ...

May 5, 2025 09:01 PM GMT China Emerging Frontiers Frontier 28: Investing in Evolving Trends We continue our China Emerging Frontiers series with the introduction of our six-factor framework to understand the successful ingredients underpinning the industrial upgrade story and identify future investment opportunities. Key Takeaways Investors interested in exploring new emerging sectors where China is poised to have structural competitive advantages should consider reading this report. This report outlines ho ...

Financial Data and Key Metrics Changes - In Q1, the company achieved record gross profit for its energy storage business despite a sequential decline in deployments [39] - Auto margins declined sequentially due to a reduction in total deliveries, lower fixed cost absorption from factory updates, and lower regulatory credit revenues [39][40] - Other income saw a significant reduction due to a Bitcoin mark-to-market loss of $472 million compared to a gain in Q4 [43] Business Line Data and Key Metrics Changes - The energy storage business reached a record gross profit, highlighting its importance in the current environment [39][40] - The automotive segment faced challenges with vehicle deliveries due to factory updates and vandalism impacting brand perception [35][36] - The company is experiencing supply constraints with the new Powerwall 3, which has received positive customer feedback [41] Market Data and Key Metrics Changes - The company has localized supply chains in North America, Europe, and China, positioning itself better than competitors regarding tariffs [17][45] - The Model Y has been rated as the most American-made car, with approximately 85% USMCA compliance [45] Company Strategy and Development Direction - The company is focused on large-scale autonomous vehicles and humanoid robots, predicting significant value creation from these innovations [11][12] - The strategy includes regionalizing supply chains to mitigate risks from tariffs and political biases, with over 85% North American content in high-volume vehicle programs [141] - The company aims to launch affordable models and enhance the flexibility of its production lines to adapt to market demands [52][94] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about the company's future despite near-term challenges, emphasizing the importance of executing well to achieve long-term goals [11][12] - The company expects to see the financial impact of autonomy materialize in the second half of next year, with a significant ramp-up in autonomous vehicle deployment [14][59] - Management acknowledges the challenges posed by tariffs and brand image but believes that providing the best product at a competitive price will be a winning strategy [52] Other Important Information - The company is making progress with its Optimus robot initiative, expecting to scale production to millions of units per year by 2030 [24] - The energy business is projected to scale to terawatts per year, indicating strong demand for energy storage solutions [27] Q&A Session All Questions and Answers Question: What are the highest risk items on the critical path to robotaxi launch and scaling - The company is focused on ensuring the Model Y can perform paid rides fully autonomously in Austin by June, with rapid scaling expected thereafter [58][59] Question: When will FSD Unsupervised be available for personal use on personally-owned cars - The company aims to have FSD Unsupervised available in several cities in the US by the end of this year, emphasizing safety as a priority [88][90] Question: Is Tesla still on track for releasing more affordable models this year - The company is still planning to release new models this year, although the ramp-up may be slower than initially hoped due to industry turmoil [92][94] Question: Does Tesla see robotaxi as a winner-take-most market - The company believes it will dominate the robotaxi market due to lower costs and high volume production compared to competitors like Waymo [96][99]

ACM Research, Inc. (NASDAQ:ACMR) Q4 2024 Earnings Conference Call February 26, 2025 8:00 AM ET Company Participants Steven Pelayo - Managing Director, The Blueshirt Group David Wang - Chief Executive Officer Mark McKechnie - Chief Financial Officer Conference Call Participants Charles Shi - Needham & Company Mark Miller - The Benchmark Company Operator Good day, ladies and gentlemen. Thank you for standing by. Welcome to the ACM Research Fiscal Fourth Quarter and Fiscal Year 2024 Earnings Conference Call. C ...

Semiconductor Manufacturing International (00981) Q4 2023 Earnings Call February 06, 2024 07:30 PM ET Speaker0Welcome to Semiconductor Manufacturing National Corporation's 4th Quarter 2023 Webcast Conference Call. Today's call will be simultaneously structured Internet and telephone. Please be advised that if you join the meeting by phone, your dial ins are in a listen only mode. However, after the conclusion of the management's presentation, We will have a question and answer session. At this time, you wil ...