The Aston Martin deal kicks off Lucid Group's EV tech supply business, Peter Rawlinson said.
After announcing last week that it will supply Aston Martin with EV powertrain components and software, Lucid Group says it plans to pursue similar deals with other OEMs as well.the recently announced deal with Aston MartinThe US EV startup will supply Aston Martin with EV powertrain tech including a rear drive unit with twin motors, battery modules, and software for integrating systems. The parts will be supplied from Lucid's plant in Casa Grande, Arizona.
was in talks on licensing and selling its powertrain technology, but didn't go into specifics regarding timing and potential partners. As the Aston Martin deal suggests, the company's initial focus will be on providing high-performance, ultra-high voltage technology not suitable for the mass-market, Rawlinson said.Going forward, Lucid's business licensing parts should grow as the company moves to more mass-market models.
Lucid could stand to gain a lot from a growing business of supplying technology to other companies as the EV startup has been battling increasing losses, dwindling cash reserves and a price war started by Tesla. Lucid's initiative is similar to that of Croatian electric sports car maker Rimac, which has also supplied parts to Aston Martin and is
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
How Aston Martin will work with Geely on new electric cars | AutocarBritish firm will look to car makers in the US and China to supply parts, including EV drive units and battery modules
Baca lebih lajut »
Aston Martin protest Austrian GP resultAston Martin protested the provisional result of the Austrian Formula One Grand Prix at Spielberg on Sunday, claiming several cars were not penalised for breaching the rule on exceeding track limits.
Baca lebih lajut »
Aston Martin close on Mercedes after Austrian protestAston Martin moved to just three points behind second-placed Mercedes in the Formula One constructors' standings after successfully protesting the Austrian Grand Prix results on Sunday.
Baca lebih lajut »
Aston Martin teases a battery-electric vehicle coming in 2025 - AutoblogAston Martin teases a battery-electric vehicle coming in 2025, the first of four BEVs to launch before 2030, not related to current range.
Baca lebih lajut »
Clippers bring back Russell Westbrook, trade for K.J. MartinThe Clippers agree to a two-year, $7.8 million deal with the point guard, acquire Martin from Houston for two second-round picks.
Baca lebih lajut »