Aston Martin partners with Lucid for luxury electric vehicle production.
Aston Martin has partnered with Lucid Group to produce luxury electric vehicles as part of its electrification strategy.
Jul 5, 2023
Aston Martin has formed a strategic supply agreement with Lucid Group.
The alliance grants access to industry-leading technologies and a long-term relationship where Lucid will supply select powertrain components for Aston Martin's future ultra-luxury high-performance electric vehicle models, underpinned by an all-new modular BEV platform.
The new partnership includes a strategic supply agreement with Lucid to access their industry-leading technologies, with Lucid supplying Aston Martin with select powertrain components for initial and future battery electric vehicle (BEV) models. This partnership is a significant step for Aston Martin in its goal to create thrilling and desirable electric performance cars.
The electrification program is a crucial part of Aston Martin's wider Racing. Green. Sustainability strategy, which involves investing over £2 billion in advanced technologies over the next five years. The investment will focus on transitioning from internal combustion engine (ICE) technology to BEV technology. Mercedes-Benz AG will also continue to provide Aston Martin with access to world-class technologies, including powertrain and electric/electronic architectures.
Aston Martin plans to develop an all-new in-house BEV platform using Lucid's powertrain and battery technology. This platform will serve as the basis for Aston Martin's future electrified model range, including hypercars, sports cars, GTs, and SUVs. The first vehicle based on this platform is targeted for launch in 2025. By 2026, all new Aston Martin model lines will offer an electrified powertrain option, with the ultimate objective of fully electrifying the core range by 2030.
Lawrence Stroll, Executive Chairman of Aston Martin, emphasized the significance of the supply agreement with Lucid, stating that it will be a game changer for Aston Martin's EV-led growth. The partnership will enable Aston Martin to leverage Lucid's investments in innovative technologies and enhance the driving experience. Stroll also highlighted the benefits of working with Mercedes-Benz and Geely, which will provide additional technologies, components, and market expertise.
Aston Martin aims to deliver a unique blend of performance and vehicle dynamics in its electrified models. Lucid's powertrain technology, combined with Mercedes-Benz electronic architecture, will contribute to achieving exceptional battery system efficiency, precise power delivery to each wheel, and advanced control of power discharge and regeneration. Aston Martin's focus on active aerodynamics, drag reduction, intelligent powertrain management, and strategic collaborations with partners like Brembo and Pirelli will further enhance performance, efficiency, and range in its BEV models.
The partnership with Lucid represents Aston Martin's commitment to becoming a world-leading sustainable, ultra-luxury high-performance brand. By developing a range of ICE, plug-in hybrid, and BEV vehicles, as well as competing in Formula One, Aston Martin's Racing. Green. sustainability strategy reflects its dedication to building brilliant cars for future generations.
