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Aston Martin news: Aston Martin, Lucid to enter into agreement to make electric vehicles

Under the terms of the proposed agreement, Aston Martin would issue about 28.4 million new ordinary shares and make phased cash payments to Lucid totalling about $232 million, while Lucid would become a 3.7% shareholder in the car maker. ....

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Aston Martin turns to US EV company Lucid for high-tech help

(Reuters) -Aston Martin has reached a deal that will give U.S. electric vehicle (EV) maker Lucid Group a 3.7% stake in return for access to its "high performance" technology, the British company said on Monday, sending its shares up nearly 15%. Under the agreement, Aston Martin will make cash payments and issue 28.4 million new ordinary shares to Lucid, worth together about $232 million. Smaller carmakers like Aston Martin are more reliant on partnerships to make the transition. ....

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Aston Martin to enter EV market in deal with Lucid Group

Luxury carmaker Aston Martin on Monday said it was entering the electric vehicle market after signing a strategic supply agreement with Lucid Group. ....

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Lucid Gets Stake in Aston Martin and Will Supply Batteries for Luxury Car Maker

Lucid obtains a 3.7% stake in Aston Martin, and replaces Mercedes as the battery provider for the British luxury car maker. ....

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Aston Martin strikes deal with Lucid over electric car batteries

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

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