Aston Martin and Lucid Motors to Make EV’s

Aston Martin Lagonda Global Holdings PLC is a British sports car manufacturer, founded in 1913. With its headquarters located on a 55-acre site in Warwickshire, England, Aston Martin has become synonymous with elegance, and luxury.

Today, the company boasts of a global presence, with a network of over 160 car dealerships across 50+ countries.

According to recent reports, the luxury auto company has partnered with Lucid Motors, an American electric vehicle manufacturer that was founded in 2007, to produce fully electric vehicles.

As part of the agreement, Lucid will provide Aston Martin with EV power trains and advanced battery systems, to aid their goal of producing more environmental friendly vehicles by 2025. Lucid announced this deal to be worth over $450 million, in addition to Aston Martin shares.

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