Page 5 - Roberto Fedeli News Today

Access to Lucid's current and future powertrain and battery technology will be at the center of Aston Martin's new in-house EV platform, Aston Martin said.

Aston Martin has partnered with Lucid Group to create electrified hypercars, sports, GT and SUV models as part of a £2 billion investment plan.

British sports car maker and American EV firm sign deal that will see Lucid supply powertrain components for Aston's future electric car range

Lucid's contract with Aston Martin is worth over $450 million and will lead to multiple EV models

Aston Martin is one step closer to its planned 2025 entry into the electric vehicle market after reaching a deal with Lucid Group.

British carmaker to use components from Lucid to produce luxury high-performance battery electric models

Lucid, the U.S. automaker that produces the luxury Air sedan, will supply Aston Martin with powertrain components for future electric vehicles.

Under the proposed agreement, the luxury car maker would issue new shares and cash payments worth £182m to the US company.

Aston Martin has struck a deal with the US firm Lucid to start making “ultra-luxury high-performance electric vehicles” from 2025.

This strategic collaboration between Aston Martin and Lucid underscores the growing trend of automakers seeking partnerships to accelerate their electrification efforts.