Lucid Motors strikes deal to power Aston Martin’s future lineup of EVs

From The Verge: Lucid Motors will supply powertrain technology to Aston Martin for the British brand’s future lineup of electric vehicles, the two companies announced Monday. The deal brings together two companies with deep ties to motorsports, as well as brand identities centered on performance luxury.

Under the deal, Lucid will supply Aston Martin with its electric motors and batteries that have been used to power the California-based company’s only model, the Lucid Air sedan. Aston Martin will then take that technology and plug it into its own bespoke EV models. Lucid CEO Peter Rawlinson hailed the deal as “a landmark collaboration.”

Aston Martin, an iconic British luxury car brand with wins in Le Mans and F1 under its belt, plans to launch its first plug-in model, the mid-engine hybrid Valhalla, in early 2024, followed by a pure battery-electric vehicle (BEV) the following year. All of the company’s models will be hybrid or BEV by 2026 and purely electric by 2030.

Lucid’s dual-motor Air has distinguished itself in the crowded luxury EV market with its long-range and high-performance specs. The $154,000 Air GT, for example, includes a 112kWh battery that can put out 819 horsepower and propel the vehicle to 60 mph in about two seconds. The base model Air has an EPA range of over 500 miles — though it’s been found to get slightly less in testing.

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