Lucid Motors strikes deal to power Aston Martin’s future lineup of EVs
Lucid Motors will supply powertrain technology to Aston Martin for the British brand’s future lineup of electric vehicles, the two companies announced Monday. The deal brings together two companies with deep ties to motorsports, as well as brand identities centered on performance luxury.
Under the deal, Lucid will supply Aston Martin with its electric motors and batteries that have been used to power the California-based company’s only model, the Lucid Air sedan. Aston Martin will then take that technology and plug it into its own bespoke EV models. Lucid CEO Peter Rawlinson hailed the deal as “a landmark collaboration.”