Aston Martin has signed an important agreement with Lucid Motors in order to have the < strong>electric powertrains of the American brand that can be used in its future electric cars. This is very interesting news. The American car manufacturer has developed a particularly sophisticated technology that we find today on the Lucid Air sedan that we have talked about a lot.
This technology will one day come to the market. also inside the battery-powered cars of the English brand.
THE TECHNOLOGY OF LUCID MOTORS
Therefore, Aston Martin will be able to; access the technology developed by Lucid Motors. In addition, the American brand will provide the; technical support to the British automaker for the integration of its proprietary technology into an brand new platform for electric vehicles developed by Aston Martin.
This technical partnership will allow the to Aston Martin to carry out its electrification plan which foresees the launch of its first electric car in 2025. Lucid Motors will not limit itself; to supply the technology of its engines but also that of the batteries. It will be it is therefore extremely interesting to find out how Aston Martin will take advantage of this; for its models what was developed by the American car manufacturer.
The partnership for Lucid Motors will have; worth more than $450 million. A part, however, will be paid through Aston Martin shares. In the end, the American automaker will go; to have 3.7% of the English brand. Peter Rawlinson, CEO of Lucid Motors, commented:
This partnership will represent the a landmark collaboration between Aston Martin, a legendary marque with a rich history, including its Le Mans victory and its current F1 successes, and Lucid. In line with its strategy, Aston Martin chose Lucid, recognizing the profound benefits of adopting its world-leading electric drivetrain technology, exemplified by the 516-mile EPA range achieved by the Lucid Air Grand Touring.
Lorence Stroll, President of Aston Martin, added:
The supply agreement with Lucid is a significant one. a game changer for Aston Martin's future electric vehicles. Based on our strategy and requirements, we selected Lucid, gaining access to the most advanced technologies in the industry. industry-leading performance and the latest technologies; innovations for our future BEV products.
The new partnership will not go; to influence the one already ongoing with Mercedes supplying technologies and internal combustion/hybrid engines.
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