6/26, 1:12 PM (Source: TeleTrader)
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Aston Martin partners with Lucid on BEV components

Luxury carmaker Aston Martin Lagonda Global Holdings PLC announced on Monday that it reached an agreement with Lucid Group, which will supply it with select powertrain components for initial and future battery electric vehicle (BEV) models.

"The supply agreement with Lucid is a game changer for the future EV-led growth of Aston Martin. Based on our strategy and requirements, we selected Lucid, gaining access to the industry's highest performance and most innovative technologies for our future BEV products," Aston Martin Executive Chairman Lawrence Stroll stated.

The company noted that it will also continue its partnership with Mercedes Benz, stressing the German carmaker will still provide it with "a range of world-class technologies, including powertrain and electric/electronic architectures for current and future generation Aston Martin vehicles, including internal combustion engine, hybrid and electric vehicles."

Baha Breaking News (BBN) / NP