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Lucid Motors Selects Everspin’s PERSYST MRAM for Gravity Electric SUV

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Everspin Technologies, Inc. (NASDAQ: MRAM) announced that Lucid Motors will use its PERSYST MRAM in the recently released Gravity SUV. The MR25H256A, a 256Kb serial MRAM, was chosen for its compliance with the AEC Q100 Grade 1 specification, operating at temperatures from -40C to 125C. This MRAM will be used for data logging and parameter storage to enhance the efficient operation of the all-electric powertrain.

Everspin's PERSYST MRAM is also used in the Lucid Air, showcasing its reliability and performance in demanding environments. The PERSYST family offers the highest performing persistent memory in the industry, featuring virtually infinite write endurance, fast write speed, and low read latency. These characteristics make it ideal for handling stringent memory workloads and protecting vital user data, even during power loss or interruption.

Everspin Technologies, Inc. (NASDAQ: MRAM) ha annunciato che Lucid Motors utilizzerà il proprio PERSYST MRAM nel recentemente lanciato SUV Gravity. È stato scelto il modello MR25H256A, un MRAM seriale da 256Kb, per la sua conformità alla specifica AEC Q100 Grado 1, operante a temperature da -40C a 125C. Questo MRAM sarà impiegato per registrazione dei dati e immagazzinamento dei parametri al fine di migliorare l'efficienza dell'intero sistema di propulsione elettrica.

Il PERSYST MRAM di Everspin è utilizzato anche nella Lucid Air, dimostrando la sua affidabilità e prestazioni in ambienti esigenti. La famiglia PERSYST offre la memoria persistente ad alte prestazioni più avanzata del settore, con resistenza alla scrittura praticamente illimitata, alta velocità di scrittura e bassa latenza di lettura. Queste caratteristiche la rendono ideale per gestire carichi di lavoro di memoria rigorosi e per proteggere dati vitali dell'utente, anche durante la perdita di alimentazione o interruzioni.

Everspin Technologies, Inc. (NASDAQ: MRAM) anunció que Lucid Motors utilizará su PERSYST MRAM en el recientemente lanzado SUV Gravity. Se eligió el modelo MR25H256A, un MRAM serial de 256Kb, por su conformidad con la especificación AEC Q100 Grado 1, operativo a temperaturas de -40C a 125C. Este MRAM se utilizará para registro de datos y almacenamiento de parámetros con el fin de mejorar la eficiencia del tren motriz totalmente eléctrico.

El PERSYST MRAM de Everspin también se utiliza en la Lucid Air, demostrando su fiabilidad y rendimiento en entornos exigentes. La familia PERSYST ofrece la memoria persistente de mayor rendimiento en la industria, con resistencia a la escritura prácticamente infinita, alta velocidad de escritura y baja latencia de lectura. Estas características la hacen ideal para manejar cargas de trabajo de memoria rigurosas y proteger datos vitales del usuario, incluso durante la pérdida o interrupción de energía.

Everspin Technologies, Inc. (NASDAQ: MRAM)는 Lucid Motors가 최근 출시한 Gravity SUV에 자사의 PERSYST MRAM을 사용할 것이라고 발표했습니다. AEC Q100 Grade 1 사양을 준수하고 -40도에서 125도까지의 온도에서 작동하는 256Kb 직렬 MRAM인 MR25H256A가 선택되었습니다. 이 MRAM은 전기 파워트레인의 효율적인 작동을 향상시키기 위해 데이터 기록 및 매개변수 저장에 사용될 것입니다.

Everspin의 PERSYST MRAM은 Lucid Air에서도 사용되어 까다로운 환경에서의 안정성과 성능을 입증하고 있습니다. PERSYST 제품군은 사실상 무한한 쓰기 내구성, 빠른 쓰기 속도 및 낮은 읽기 대기 시간을 특징으로 하며, 업계에서 최고 성능의 지속 메모리를 제공합니다. 이러한 특성은 메모리 작업 부하를 엄격히 처리하고 전원 손실이나 중단 시에도 중요한 사용자 데이터를 보호하는 데 이상적입니다.

Everspin Technologies, Inc. (NASDAQ: MRAM) a annoncé que Lucid Motors utilisera son PERSYST MRAM dans le tout nouveau SUV Gravity. Le MR25H256A, un MRAM série de 256Kb, a été choisi pour sa conformité à la spécification AEC Q100 Grade 1, fonctionnant à des températures allant de -40 °C à 125 °C. Ce MRAM sera utilisé pour l'enregistrement des données et le stockage des paramètres afin d'améliorer l'efficacité du train motrice 100 % électrique.

Le PERSYST MRAM d'Everspin est également utilisé dans la Lucid Air, démontrant sa fiabilité et sa performance dans des environnements exigeants. La famille PERSYST offre la mémoire persistante la plus performante du secteur, avec une endurance d'écriture pratiquement infinie, une vitesse d'écriture rapide et une faible latence de lecture. Ces caractéristiques en font un choix idéal pour gérer des charges de travail mémoire exigeantes et protéger les données essentielles de l'utilisateur, même en cas de perte ou d'interruption de l'alimentation.

Everspin Technologies, Inc. (NASDAQ: MRAM) gab bekannt, dass Lucid Motors sein PERSYST MRAM im kürzlich veröffentlichten Gravity SUV verwenden wird. Der MR25H256A, ein 256Kb serielles MRAM, wurde aufgrund seiner Konformität mit der AEC Q100 Grad 1-Spezifikation ausgewählt, die bei Temperaturen von -40 °C bis 125 °C arbeitet. Dieses MRAM wird für Datenprotokollierung und Parametereinspeicherung verwendet, um die effiziente Funktion des vollelektrischen Antriebsstrangs zu verbessern.

Everspins PERSYST MRAM wird auch im Lucid Air verwendet, wodurch seine Zuverlässigkeit und Leistung in anspruchsvollen Umgebungen demonstriert wird. Die PERSYST-Familie bietet die leistungsstärkste persistente Speichertechnologie der Branche und zeichnet sich durch praktisch unendliche Schreibausdauer, hohe Schreibgeschwindigkeit und niedrige Latenzzeiten beim Lesen aus. Diese Eigenschaften machen ihn ideal für die Bewältigung strenger Speicherarbeitslasten und den Schutz wichtiger Benutzerdaten, selbst bei Stromausfällen oder -unterbrechungen.

Positive
  • Lucid Motors selected Everspin's MRAM for use in multiple high-performance EV models
  • PERSYST MRAM meets AEC Q100 Grade 1 specification for automotive use
  • MRAM enhances data reliability and system performance in electric vehicles
  • Everspin's MRAM offers virtually infinite write endurance and fast write speeds
Negative
  • None.

Insights

Everspin's PERSYST MRAM integration into Lucid's Gravity SUV marks a significant advancement in EV technology. The 256Kb serial MRAM meets stringent automotive standards, important for reliable data logging and parameter storage in electric powertrains. This partnership showcases the growing importance of high-performance memory solutions in the EV sector.

The adoption across multiple Lucid models, including the Air, indicates a broader trend towards advanced memory technologies in premium EVs. MRAM's virtually infinite write endurance and fast write speeds address critical needs in automotive applications, particularly in ensuring data integrity and system resilience.

For investors, this development signals Everspin's strong position in the automotive memory market, potentially leading to increased revenue streams as the EV industry expands. However, the impact on Everspin's financials may be in the short term, given Lucid's current production volumes.

Everspin's success in securing Lucid Motors as a customer for its PERSYST MRAM is a notable win in the competitive automotive semiconductor space. The AEC Q100 Grade 1 qualification of the MR25H256A demonstrates Everspin's ability to meet rigorous automotive standards, potentially opening doors to other EV manufacturers.

The automotive industry's shift towards electrification and advanced driver assistance systems (ADAS) is driving demand for high-performance, reliable memory solutions. Everspin's MRAM technology, with its fast write speed and low read latency, is well-positioned to capitalize on this trend.

While this partnership is promising, investors should consider Everspin's relatively small market cap of $128.9 million and the potential for increased competition in the automotive memory space. The company's ability to scale production and secure additional high-profile customers will be important for long-term growth.

Lucid has integrated Everspin’s MRAM Across Multiple High-Performance EV Models, Strengthening Data Reliability and System Performance

CHANDLER, Ariz.--(BUSINESS WIRE)-- Everspin Technologies, Inc. (NASDAQ: MRAM), the world’s leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions, today announced that Lucid Motors will use its PERSYST MRAM in its recently released Gravity SUV. The MR25H256A, a 256Kb serial MRAM, was selected because it meets the AEC Q100 Grade 1 specification of -40C to 125C temperature operation. The MRAM is used in the Gravity to handle data logging and parameter storage to assist in the efficient operation of the all-electric powertrain.

"The selection of our PERSYST product family for both the Lucid Gravity SUV and the Lucid Air is a testament to the reliability and performance our MRAM products provide in demanding environments,” said Sanjeev Aggarwal, President and CEO of Everspin Technologies. “As the automotive industry evolves, the ability to ensure data integrity and system resilience is critical, and our memory solutions continue to play an essential role in meeting those challenges."

Everspin’s PERSYST family of MRAM’s represent the highest performing persistent memory in the industry. With virtually infinite write endurance, customers can adopt MRAM and be confident that the product performance will not degrade over the life of the system. Combined with very fast write speed and low read latency, PERSYST MRAM can handle the most stringent memory workloads and protect vital user data, even in the event of power loss or interruption.

About Everspin Technologies

Everspin Technologies, Inc., is the world’s leading provider of Magnetoresistive RAM (MRAM). Everspin MRAM delivers the industry’s most robust, highest-performance, non-volatile memory for Industrial IoT, Data Centers, and other mission-critical applications where data persistence is paramount. Headquartered in Chandler, Arizona, Everspin provides commercially available MRAM solutions to a large and diverse customer base. For more information, visit www.everspin.com.

Agency Contact:

Kiterocket

Stephanie Quinn

T: 480-316-8370

E: squinn@kiterocket.com

Source: Everspin Technologies, Inc.

FAQ

What is the specific MRAM model Lucid Motors is using in the Gravity SUV?

Lucid Motors is using Everspin's MR25H256A, a 256Kb serial MRAM, in the Gravity SUV.

How does Everspin's MRAM benefit Lucid's electric vehicles?

Everspin's MRAM handles data logging and parameter storage, assisting in the efficient operation of the all-electric powertrain and enhancing data reliability and system performance.

What temperature range can Everspin's MRAM (MRAM) operate in for automotive applications?

Everspin's MRAM meets the AEC Q100 Grade 1 specification, operating in temperatures ranging from -40C to 125C.

What are the key features of Everspin's PERSYST MRAM family?

Everspin's PERSYST MRAM offers virtually infinite write endurance, fast write speed, low read latency, and the ability to protect vital user data even during power loss or interruption.

Everspin Technologies, Inc

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