The head of Lucid Group Inc. said the electric vehicle company is in talks with multiple automakers about potential partnerships as it tries to broaden its reach in the market for plug-in cars.

Chief Executive Officer Peter Rawlinson said in an interview on Bloomberg TV that the electric vehicle maker is ongoing conversations with a couple of automobile manufacturers about a partnership. "It would be lovely if we could supply technology to a traditional car company to help them on their way to sustainability,

One of the automakers, Lucid Group Inc. (LCID, Financial) is engaging in discussions with several other auto brands to expand its presence in the electric vehicle (EV) market. CEO Peter Rawlinson told Bloomberg TV in an interview that this is part of cost sharing and taking advantage of intellectual property to combine with traditional automotive manufacturers to reap the strategic benefits.