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-   -   Lucid to Power Aston Martin's Future EVs (https://www.clublexus.com/forums/car-chat/1006534-lucid-to-power-aston-martins-future-evs.html)

Allen K Jun 26, 2023 06:02 AM

Lucid to Power Aston Martin's Future EVs
 
https://www.engadget.com/lucid-will-...101040684.html


Aston Martin plans to build "ultra-luxury high-performance" EVs using Lucid's electric motors, batteries and other technology, Lucid announced in a press release. It's the first deal for Lucid to supply parts to other automakers — much like Rimac, which itself developed batteries and other components for Aston Martin, along with Koenigsegg and others. Lucid recently released its own debut electric car, the Air, in multiple versions starting at around $87,400.
Not surprising to see Lucid license out its tech considering how well it performs and how poorly the cars are selling. Hope this helps them survive

LeX2K Jun 26, 2023 06:21 AM

Not something I could have predicted no wonder Lucid stock is up in pre-market. Maybe this is a path for Lucid to survive long term but I wonder about their factory designed to make cars don't think they need such a large factory to only make components.

Lucid needs the Gravity (SUV) asap.

GFerg Jun 26, 2023 09:28 AM

This was always in the cards for them. They provide the batteries and components for Formula E racing. They have talked about licensing out batteries and more to manufacturers for a few years now actually. Nice to see that is finally starting to happen for them.

patgilm Jun 26, 2023 08:47 PM

How does this help Lucid? It’s not like Aston Martin sells a ton of cars. I would feel much better if they licensed their tech to a larger volume manufacturer. It is a start though so good for them.

LeX2K Jun 26, 2023 08:55 PM


Originally Posted by patgilm (Post 11531782)
How does this help Lucid? It’s not like Aston Martin sells a ton of cars.

Aston Martin sells about 15,000 a year, I think. Helps Lucid sell more hardware since they appear to have excess but agreed doesn't move the needle much. Lucid SUV will make or break the company.

patgilm Jun 26, 2023 08:59 PM


Originally Posted by LeX2K (Post 11531789)
Aston Martin sells about 15,000 a year, I think. Helps Lucid sell more hardware since they appear to have excess but agreed doesn't move the needle much. Lucid SUV will make or break the company.

Maybe they could sell to Toyota/Lexus, they could use the help based on the EVs they are selling. Kidding of course.

LeX2K Jun 26, 2023 09:02 PM


Originally Posted by patgilm (Post 11531792)
Maybe they could sell to Toyota/Lexus, they could use the help based on the EVs they are selling. Kidding of course.

Should Toyota buy Lucid? Could get them for around $15 billion.

Lucid has (or had?) big plans for grid storage
https://www.dailylucid.com/posts/ene...motors-by-2030

Allen K Jun 27, 2023 06:34 AM


Originally Posted by patgilm (Post 11531782)
How does this help Lucid? It’s not like Aston Martin sells a ton of cars. I would feel much better if they licensed their tech to a larger volume manufacturer. It is a start though so good for them.

Gives AM a reason to try keep them afloat incase that Saudi PIF money runs dry.

Margate330 Jun 28, 2023 10:56 AM

I don't believe I have seen a Lucid out in the wild yet.

Allen K Jun 28, 2023 11:09 AM

I've seen 2 one black which was nice and 1 in that maroon color...not my cup of tea, but the car itself has some presence to it

rogers2 Jun 28, 2023 11:26 AM

They should do whatever it takes to survive. As far as Aston. This is a nice move.
FYI: The Saudi money is never going to dry up. Saudi, money is everywhere.

JeffKeryk Jun 29, 2023 08:29 PM


Originally Posted by Margate330 (Post 11532767)
I don't believe I have seen a Lucid out in the wild yet.

My 'hood...
https://lh3.googleusercontent.com/pw...-no?authuser=0


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