Aston Martin partners with Lucid for cutting-edge EV technology.

1 min read
Source: Electrek
Aston Martin partners with Lucid for cutting-edge EV technology.
Photo: Electrek
TL;DR Summary

Aston Martin has partnered with American EV startup Lucid to supply proprietary EV technology to help propel its electrification strategy. Lucid will supply Aston Martin with its state-of-the-art EV powertrain and battery systems, including its high-performance twin motor unit, battery tech, and Wunderbox charging system. The deal, potentially worth over $450 million, will play a key role in its broader Racing Green sustainability strategy, which will see an over $2.5 billion investment over the next five years to move from ICE to EV tech. The first purely electric EV model is expected to launch in 2025.

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