Aston Martin in £182m partnership with start-up to make ‘ultra-luxury’ EVs as it ditches Mercedes deal

Aston Martin in £182m partnership with start-up to make ‘ultra-luxury’ EVs as it ditches Mercedes deal

City A.M.

Published

Aston Martin has announced a £182m deal with US EV manufacturer Lucid Group  to build ‘ultra-luxury’ electric vehicles, as it ditches a previous 2020 agreement with Mercedez Benz. The Gaydon-headquartered firm said under the terms of the new agreement, US startup Lucid would become a 3.7 per cent shareholder in the company, with Aston Martin [...]

Full Article