Lucid Partners to Provide Aston Martin with its Electric Powertrain Technology

June 26, 2023

(24/7 MARKET NEWS) – Lucid Group, Inc. (NASDAQ:LCID) stated, this morning, that it entered into a long-term strategic technology partnership with Aston Martin to accelerate the British brand’s high-performance electrification strategy and long-term growth, worth in excess of $450M.

Lucid Group is trading at $5.94, up $0.47 (+8.59%), on 2.43M premarket shares traded.

Its 52-week range is $5.46 to $21.78. It’s yet to be seen if this may be the catalyst to reverse Lucid’s long term downtrend.

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