In recent years, Aston Martin has experienced various obstacles, including a badly received IPO, CEO
Changes, And Multiple Co-Owners. Aston Martin has teamed up with Lucid to create electric vehicles
(EVs), With The First Model Set To Debut In 2025. The arrangement comprises a $132 million cash investment to
Lucid And A $100 Million 3.7 Percent Stake In Aston Martin. Lucid will supply Aston Martin with at least $225 million
In Powertrain Components. The prior arrangement between Aston Martin and Mercedes-Benz for EV development
Has Been Supplanted By The Agreement With Lucid, However The Relationship For Combustion And
Hybrid Powertrains Will Remain. Aston Martin previously attempted to construct an EV with the RapidE
Vehicle, But Only One Demonstrator Was Built. Lucid's experience in electric-motor technology provides Aston
Martin With Potential Performance Advantages As Well As A Shortcut To Compete With
Luxury Rivals Developing Electric Cars. In partnership with its Formula One team, Aston Martin is
Developing Front Motors, An Active Drag Reduction Method, And A Quad-Motor Arrangement For
Torque Vectoring And Potential Power Output Above 1500 Horsepower. Aston Martin will update its retail experience
By Building Flagship Locations, The First Of Which Will Be In New York.