Lucid stock bounces off record low after Aston Martin agrees to pay $232 million as part of supply agreement

Argentina Noticias Noticias

Lucid stock bounces off record low after Aston Martin agrees to pay $232 million as part of supply agreement
Argentina Últimas Noticias,Argentina Titulares
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 97%

Shares of Lucid Group Inc. surged 7.3% in premarket trading Monday, a day after closing at a record low, after the electric vehicle maker and battery pack...

Shares of Lucid Group Inc.

surged 7.3% in premarket trading Monday, a day after closing at a record low, after the electric vehicle maker and battery pack maker disclosed an agreement with Aston Martin Lagonda Global Holdings PLC ARGGY UK:AML in which Lucid will supply Aston Martin with powertrain and battery system technology.

surged 7.3% in premarket trading Monday, a day after closing at a record low, after the electric vehicle maker and battery pack maker disclosed an agreement with Aston Martin Lagonda Global Holdings PLC ARGGY AML in which Lucid will supply Aston Martin with powertrain and battery system technology. Under terms of the agreement, Aston Martin will pay a $232 million technology access fee to Lucid, including $100 million in shares of Aston Martin and $132 million in cash over a three-year period.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

MarketWatch /  🏆 3. in US

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Aston Martin Lagonda to Enter Agreement With Lucid to Make Luxury Electric VehiclesAston Martin Lagonda to Enter Agreement With Lucid to Make Luxury Electric VehiclesBy Anthony O. Goriainoff Aston Martin Lagonda Global Holdings said Monday that it intends to enter into a strategic supply agreement with Lucid Group for the...
Leer más »

Aston Martin partners Lucid for upcoming electric cars | AutocarUS-based EV start-up to supply powertrain and battery components for electric Astons
Leer más »

Aston Martin makes deal with Lucid to develop electric carsLucid will supply Aston Martin with EV tech to help develop the Brit brand's first battery-electric car for 2025
Leer más »

Aston Martin turns to US EV company Lucid for high-tech helpAston Martin has reached a deal that will give U.S. electric vehicle (EV) maker Lucid Group a 3.7% stake in return for access to its 'high performance' technology, the British company said on Monday, sending its shares up nearly 15%.
Leer más »

Used car buying guide: Aston Martin V8 | AutocarUsed car buying guide: Aston Martin V8 | AutocarThe Aston Martin is a hairy-chested, patriotic ’70s supercar that exudes sophistication - but it isn't for the faint-hearted. Here's our used buying guide:
Leer más »

Granddaughter calls her picture book a 'love letter' to the Rev. Martin Luther King Jr.Granddaughter calls her picture book a 'love letter' to the Rev. Martin Luther King Jr.The 15-year-old granddaughter of the Rev. Martin Luther King Jr. is collaborating on a picture book tribute to the late civil rights leader and his wife, Coretta Scott King. Yolanda Renee King’s “We Dream a World' features illustrations by award-winning artist Nicole Tadgell. It will be published by Scholastic next Jan. 2, shortly before what would have been Martin Luther King’s 95th birthday. Yolanda Renee King is herself a social justice advocate. Her statement Friday calls the book a “love letter in his honor” that lets every child rediscover her grandparents’ dream.
Leer más »



Render Time: 2025-03-31 21:38:30