# Almek signs $206.4M supply contract with Lucid for EV platform frames

Almek signed a partnership agreement with Lucid USA to supply electric vehicle platform frames for Lucid's new 'Gravity' model. The five-year contract (2024-2029) is valued at 206.4 billion KRW ($206.4 million), and beta product supply has begun.

- Type: Contract
- Announced: 2023-09-27
- Where: United States
- Value: $206.4M (206.4B KRW)
- Status: announced
- Products: electric vehicle platform frames
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Almek](https://endata.com/companies/72884.md)
- [Linamar](https://endata.com/companies/2609.md) (customer)
- [Lucid USA](https://endata.com/companies/72885.md) (customer)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2023092711153838994), 2023-09-27: "Almek, a global specialist in aluminum parts for electric vehicles, announced on the 27th that it has signed a partnership agreement with the U.S. electric vehicle manufacturer Lucid USA, Inc."
- [asiae.co.kr](https://www.asiae.co.kr/en/article/2023102315260215929), 2023-10-23: "Almek Co., Ltd., a global specialist in aluminum parts for electric vehicles, has signed an additional supply contract with Linamar."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.