Aston Martin Lagonda Global Holdings said Monday that it intends to enter into a strategic supply agreement with Lucid Group for the creation of ultra-luxury high-performance electric vehicles.
The company said the agreement also complements the bespoke development of a battery electric vehicle, or BEV, platform which will be used across its future electrified product portfolio. It will also support the launch of its first BEV which is targeted for 2025.
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