Lucid and Aston Martin enter into a technology partnership with a contract value of more than $450 million for Lucid's integration of cutting-edge powertrain and battery systems. While this landmark agreement is Lucid's first breakthrough in technology, it is also important in expanding the company's product scope and paving the way for its future applications. In turn, Aston Martin will have direct access to Lucid's powertrain technology, including the ultra-high-performance twin-engine drive unit, battery technology and the revolutionary Wunderbox. . Thanks to the deal, Lucid will become a shareholder of Aston Martin. Additionally, Lucid and Aston Martin will make joint procurement arrangements for Lucid's powertrain components and systems.

Peter Rawlinson, Lucid's CTO AND CEO, said: “This partnership is a partnership between Aston Martin, a rich and long-established company looking to triumph at Le Mans and focusing on building current successes in F1, and Silicon Valley's best innovation and technology. It will represent the collaboration between the owner company Lucid.” said. Aston Martin's Chairman of the Board, Lawrence Stroll, said, "The procurement deal with Lucid is a game changer for Aston Martin's future EV leadership process! Based on our strategy and requirements, we chose Lucid with the industry's highest performance and most innovative technology for our future BEV products.” said.

Lucid was selected by Aston Martin after rigorous evaluation of all options. Therefore, it will be inevitable for the brand to offer the most suitable, innovative and top quality electric powertrain technologies. All these unique components include Lucid's microjet stator cooling and wave winding, new heat exchanger technology and increased coolant flow rate, as well as a reinforced battery system for similarly higher power and more precise thermal logic.

Taken as a whole, the deal marks Aston Martin's bid to launch its first electric model by 2025 and Lucid's commitment to support the brand's broader racing strategies. is committed to providing access to the best technology available. The agreement is also; It represents the first automotive collaboration in Lucid's technology wing and expands the reach of the company's products, paving the way for the company's revolutionary electric powertrain technology to become even more common in the future. In short, this collaboration of both industry giants is eagerly awaited by the masses!