Lucid to Power Aston Martin's Future EVs
https://www.engadget.com/lucid-will-...101040684.html
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
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 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.
Lucid needs the Gravity (SUV) asap.
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.
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.
Maybe they could sell to Toyota/Lexus, they could use the help based on the EVs they are selling. Kidding of course.
Lucid has (or had?) big plans for grid storage
https://www.dailylucid.com/posts/ene...motors-by-2030
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Gives AM a reason to try keep them afloat incase that Saudi PIF money runs dry.
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