New Delhi:-   British luxury car maker Aston Martin announced Monday that it has struck a deal with Lucid Group to build a "high-performance" electric vehicle (EV). Under the terms of the deal, US-based luxury EV manufacturer Lucid will supply Aston Martin with select powertrain components for certain initial and future battery electric vehicle (BEV) models.

Under the terms of the proposed deal, Aston Martin will issue approximately 28.4 million new ordinary shares and pay Lucid an additional cash total of approximately $232 million, while Lucid will hold a 3.7% stake in the automaker. becomes. Aston Martin Chief Technology Officer Roberto Fedeli said "This agreement, combined with in-house development, will enable Aston Martin to create a single bespoke BEV platform suitable for all future Aston Martin products. will be,” he said. 

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As the auto industry continues to shift its focus to battery-powered vehicles, British luxury sports car maker Aston Martin doesn't want to disappoint. The traditional car brand has announced that it will launch its first fully electric car in 2025.

Aston Martin CEO Lawrence Stroll offered an interesting outlook on the automaker's future when he released his financial statements for the 2022 fiscal year. He didn't elaborate on which models would make up the new lineup, but it likely means that there could be new versions and successors to the DB11, DBS, Vantage, and even the DBX SUV.

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One of his models that looks like a key choice is the Valhalla supercar, the brand's first electrified offering. He said deliveries of plug-in hybrids will begin next year, with the company planning to offer electrified versions of all its vehicles by 2030. 

One of the models in the revised line-up will be Aston Martin's first electric car. Stroll said the brand is targeting a 2025 launch of battery-powered vehicles. We'll see if it's an all-electric version of the brand's by far the best-selling DBX, or a zero-emissions hypercar that can compete with models like the borderline Rimac Nevera and other Pininfarina Battistas. would be interesting. 

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The launch of the one and only Aston Martin EV will be done by 2025 and is assumed that it will be the selling model of the DBX. The launch will be Impressive for the car brand that will be executing in the further year.