Aston Martin's first EV will arrive in 2025 with battery and motor systems supplied by Lucid.
Aston Martin and Lucid already have a connection as Saudi Arabia's Public Investment Fund is the biggest shareholder of Lucid and the second biggest for Aston Martin. However, Lucid was selected by Aston Martin through a competitive process, the companies said.
"The supply agreement with Lucid is a game changer for the future EV-led growth of Aston Martin," Lawrence Stroll, Aston Martin's chairman, said in a statement."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."
The deal is the first of its kind for Lucid, whose own EVs are capable of delivering more than 500 miles of range and outputs well above 1,000 hp.features a three-motor powertrain delivering over 1,200 hp, or enough for 0-60 mph acceleration in less than two seconds, according to the company. Specific technologies mentioned in Monday's announcement include Lucid's efficient battery and inverter technologies, as well as its high-performance motors which facilitate highly precise torque vectoring.
To help differentiate the driving experience of its EVs from those of Lucid, Aston Martin will focus on the tuning of the power delivery to each wheel. According to the company, this will give it the ability to create a “distinct dynamic fingerprint” for each of its EVs.
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