Aston Martin is engaged on a brand new provide settlement with the Lucid Group. Below the proposed deal, Lucid would provide Aston Martin with its present and future powertrain and battery applied sciences, which will likely be on the middle of Aston Martin’s new in-house EV platform.

This all-new bespoke platform will type the premise of the corporate’s future electrified mannequin vary; from hypercars to sports activities automobiles, GTs and SUVs. Aston Martin plans to launch a plug-in hybrid supercar referred to as Valhalla in 2024, and to debut its first pure EV in 2025.

Aston Martin’s electrification program is part of its Racing Inexperienced sustainability technique, which requires an funding of over £2 billion in each ICE and EV applied sciences over the subsequent 5 years.

Aston Martin can have entry to Lucid’s proprietary EV powertrain expertise, together with its high-performance twin motor unit, battery tech, and Wunderbox charging system. Aston says the advantages embody distinctive battery system effectivity, inverter tech that controls the speed and effectivity of power discharge and recuperation, and twin motor tech that facilitates infinitely tuneable four-wheel torque vectoring.

Aston pays Lucid for its tech with a mix of money funds and Aston Martin shares.

This provide deal is the primary of its type for Lucid.

Aston Martin has additionally fashioned partnerships with Mercedes-Benz, which supplies the British automaker with powertrain and electrical/digital architectures; and Geely, which now owns 17% of Aston Martin.

Lawrence Stroll, Govt Chairman of Aston Martin, mentioned: “The availability settlement with Lucid is a game-changer for the longer term EV-led progress of Aston Martin. Based mostly on our technique and necessities, we chosen Lucid, getting access to the trade’s highest efficiency and most modern applied sciences for our future BEV merchandise.

“Together with Mercedes-Benz, we now have two world-class suppliers to help the interior improvement and investments we’re making to ship our electrification technique. With the not too long ago introduced long-term partnership with Geely, we will even acquire the chance to entry their vary of applied sciences and parts, in addition to their deep experience of the important thing strategic market of China.”

Roberto Fedeli, Chief Expertise Officer of Aston Martin, mentioned: “The proposed settlement with Lucid kinds a big pillar of our electrification technique, offering Aston Martin with entry to the trade’s main powertrain and battery techniques expertise. Mixed with our inner improvement, this can enable us to create a single bespoke BEV platform appropriate for all future Aston Martin merchandise, all the way in which from hypercars to sports activities automobiles and SUVs. As well as, we are going to proceed to increase our in-house powertrain capabilities.”

Sources: Aston Martin, Electrek