Aston Martin turns to US EV company Lucid for high-tech help

Aston Martin will give 3.7% of the company to Lucid Group in exchange for its high-performance technology, as Aston Martin is aiming to launch its first EV by 2025 and needs partners to make the transition. The deal is worth about USD 232m, with Aston Martin issuing around 28.4 million new shares to Lucid.

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