Lucid Group, Inc., a leading electric vehicle manufacturer, has signed a multi-year supply agreement with Graphite One to source American-produced natural graphite. The agreement, set to begin in 2028, will provide Lucid and its battery suppliers with graphite sourced from Graphite Creek in Alaska—one of the largest known deposits in the U.S.
This deal builds on Lucid’s earlier partnership with Graphite One for synthetic graphite from a planned facility in Warren, Ohio, also beginning in 2028. Additionally, Syrah Resources will begin supplying natural graphite active anode material (AAM) from its Louisiana facility starting in 2026 under a separate agreement.
These agreements underscore Lucid’s commitment to securing a localized, resilient supply chain for critical battery materials. Graphite, a key component of lithium-ion batteries, is essential for high-performance, fast-charging EVs.
“A supply chain of critical materials within the United States
drives our nation’s economy, increases our independence against outside factors or market dynamics, and supports our efforts to reduce the carbon footprint of our vehicles,” said Marc Winterhoff, Interim CEO at Lucid. “These partnerships are another example of our commitment to powering American innovation and manufacturing with localized supply chains.”
“This agreement complements the deal we struck with Lucid in 2024 – which marked the first synthetic graphite agreement between a U.S.
graphite developer and a U.S.EV company,” said Anthony Huston, CEO at Graphite One. “We made history then – and we’re continuing to make history now as we build momentum for our efforts to develop a fully domestic graphite supply chain, to meet market demands and strengthen U.S. industry and national defense.”
