Aston Martin and Lucid to Develop High-Performance Electric Vehicles

Eco-friendly Strategy 'Racing Green'... 3 Trillion Won Technology Investment

British sports car brand Aston Martin announced that it has signed a new supply contract with American electric vehicle company Lucid Group to develop high-performance electric vehicles.

The contract, announced on the 26th (local time) at the London Stock Exchange, states that Aston Martin will receive cutting-edge electric vehicle technology from Lucid for the development of its next electric vehicle model. Lucid's powertrain and battery-related technologies will become core elements of Aston Martin's electric vehicle platform.

Collaboration with Mercedes-Benz will also continue. Mercedes-Benz currently provides Aston Martin with powertrain and electric/electronic architecture.

[Photo by Aston Martin]

In the future, Aston Martin's electric vehicles will incorporate Lucid's powertrain and Mercedes-Benz's electronic components. This will include efficient battery systems, inverter technology, and twin motor technology capable of four-wheel torque vectoring.

Aston Martin plans to invest ?2 billion (approximately 3.3 trillion KRW) over the next five years for its eco-friendly strategy, "Racing Green."

Lawrence Stroll, Chairman of Aston Martin, said, "The supply contract with Lucid will be a game changer for Aston Martin's future growth centered on electric vehicles. We chose Lucid to align with Aston Martin's strategy and requirements, enabling us to utilize industry-leading performance and outstanding innovative technology for future BEV models."

This content was produced with the assistance of AI translation services.