Lucid (LCID) gains as Saudi fund boosts investment
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Lucid's World-Leading Electric Powertrain Technology Propels Aston Martin to a Bold Electric Future
June 26, 2023 3:08 AM EDTLucid and Aston Martin enter long-term strategic technology partnership for the integration and supply of Lucid's state-of-the-art electric vehicle powertrain and battery systems in contracts worth in excess of $450M.This landmark agreement marks the first such relationship for Lucid Group's technology arm, a realization of a vision that expands the reach of the company's products and paves the way for future, more mainstream applications.Aston Martin will receive direct access to Lucid's proprietary electric powertrain technology, including its ultra-high performance... More
