Marc Winterhoff

Megan Myungwon Lee, CEO of Panasonic Corporation of North America, discusses the newly unveiled EV battery plant in De Soto, Kansas, which will produce batteries for 500,000 electric vehicles each year. Mark Winterhoff, Interim CEO of Lucid Motors, joins to talk about the strategic partnership with Panasonic and the importance of a resilient battery supply chain. They highlight the local workforce's role in this expansion and the broader implications for the EV industry in the U.S., as well as challenges and trends shaping the market.

Marc Winterhoff, Interim CEO of Lucid, shares insights on the exciting partnership with Panasonic amidst the backdrop of their new battery plant in De Soto, Kansas. He highlights how this collaboration enables local production, crucial for navigating tariffs and enhancing operational efficiency. Winterhoff also discusses Lucid's innovative plans for a new midsize vehicle priced at $50,000, the challenges of the electric vehicle market, and strategies to stay competitive against giants like Tesla, all while addressing supply chain dynamics.