Both companies have had their share of financial problems.
In a deal valued at $232 million, Lucid will supply electric motors and batteries to power Aston Martin’s electric vehicles.transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation.
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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%.
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