Aston Martin getting into EVs with help from Lucid

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“The supply agreement with Lucid is a game-changer for the future EV-led growth of Aston Martin,” said Lawrence Stroll, Executive Chairman of Aston Martin. “Based on our strategy and requirements, we selected Lucid, gaining access to the industry’s highest performance and most innovative technologies for our future BEV products.

“We will not only leverage Lucid’s significant investments to develop its world-class technologies but will also further enhance and differentiate the drive experience through the work Roberto Fedeli and his teams are already developing, aligned with our ultra-luxury, high-performance strategy.”

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The strategy is part of Aston Martin’s two-billion-pound (CDN$3.3-billion) plan to move research and development focuses from internal-combustion to BEV technology over the next five years. The marque calls the sustainability strategy “Racing. Green.”

From supercars to sport-utilities, the lineup will feature a range of vehicles, including Aston’s Martin’s first plug-in hybrid — the mid-engined supercar Valhalla — in 2024. By 2026, all new Aston Martin model lines will feature an electrified powertrain option, a company statement reads. The automaker plans to be fully electrified by 2030.

“The proposed agreement with Lucid forms a significant pillar of our electrification strategy, providing Aston Martin with access to the industry’s leading powertrain and battery systems technology,” Roberto Fedeli, chief technology officer at Aston Martin, said in a statement. “Combined with our internal development, this will allow us to create a single bespoke BEV platform suitable for all future Aston Martin products, all the way from hypercars to sports cars and SUVs.”