Key Takeaways BASF will license its PolyTHF 1800 production technology to clients and partners worldwide.The move provides lower-cost access to innovation and shortens delivery times for partners.The licensing aims to deepen partner ties and spur textile-market innovation using PolyTHF.BASF SE (BASFY) recently announced that it will offer licensing of its state-of-the-art polytetrahydrofuran (PolyTHF) 1800 production technology to clients and partners. BASF, being one of the leaders in the development of th ...

Core Insights - Lucid Group is shifting its focus from being primarily an electric vehicle (EV) manufacturer to becoming a technology supplier, with a vision of licensing its proprietary technology to other automakers [4][6] - The company has garnered mixed opinions from Wall Street analysts, with some viewing its stock as a strong buy while others maintain a sell rating [2][3] - A significant partnership with Uber, involving a $300 million investment and the supply of 20,000 vehicles, indicates a strategic move towards its new business model [5][6] Company Strategy - Former CEO Peter Rawlinson articulated a long-term vision where only 20% of Lucid's efforts would be in vehicle manufacturing, while 80% would focus on technology licensing [4] - This transformation aims to leverage higher gross profit margins and lower capital expenditures compared to traditional vehicle manufacturing [4] - The shift mirrors Tesla's current strategy, which is increasingly viewed as a technology or AI business rather than just a car manufacturer [4] Market Position - Lucid's stock is experiencing mixed sentiments on Wall Street, with some analysts predicting a potential doubling of its share price next year, while others express skepticism [2][3] - The partnership with Uber not only provides immediate financial support but also positions Lucid as a player in the emerging robotaxi market, showcasing its technology capabilities [5][6] - The evolving landscape of the EV market suggests that Lucid's pivot could influence growth trajectories for other EV companies as well [6]