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Aston Martin's first electric car: crossover with Lucid and Mercedes-Benz components

The British company Aston Martin has experienced another phase of restructuring, as a result of which the American Lucid Group has become one of its shareholders and partners, it will help Aston Martin will develop a platform for its future electric vehicles, the first of which will be released in 2025.

The Aston Martin company (full name — Aston Martin Lagonda Global Holdings Plc), which continues to remain unprofitable, is in the process of restructuring after the change of general director last spring, the structure of its owners has changed several times since then, the last time Kolesa.ru covered the situation in May of this year, when the founder and head of the Geely holding Li Shufu increased his stake in the British company from 7.6 to 17%. Since then, the ownership structure has changed again, in June a deal was announced with the Lucid Group, which grew out of Lucid Motors: the American company agreed to invest $232 million in Aston Martin in exchange for a 3.7% stake.

The main shareholder of Lucid Group with a share of 61.1% is the Public Investment Fund of Saudi Arabia (PIF), which now directly owns 16.4% of Aston Martin shares, according to the independent resource MarketScreener. In turn, the main shareholder of Aston Martin is now its chairman of the board of directors Lawrence Stroll and his investment company Yew Tree Overseas — 26.23%, Geely's share is now 16.66%, Mercedes-Benz Group's share is 8.575%.

Mercedes-Benz Group continues to be one of Aston Martin's key technology partners: the German company supplies the British gasoline engines and almost all the electronic components for its cars, and it will continue to do so in the future, including in relation to electric vehicles, which are currently in Aston's range Martin no.

For electric vehicles, Aston Martin is developing its own platform that will combine Mercedes-Benz electronics with Lucid hardware. To develop this platform, Aston Martin also received a £9 million grant this week from the non-profit organization APC (Advanced Propulsion Center), funded by the British government. The debut model on this platform will be a crossover, it should hit the market at the end of 2025. By 2030, the entire Aston Martin model line should be fully electrified (meaning that the range will only include electric vehicles and plug-in hybrids).

According to the British magazine Autocar, the Aston Martin electric platform will receive up to four Lucid engines (one per wheel) with a total power of over 1500 hp. Lucid itself currently uses a maximum of three electric motors on its Air Sapphire sedan. Lucid will also supply Aston Martin with US-made batteries and cells for them, these batteries will have a design unique to Aston Martin — not the same as that of Lucid electric vehicles.

Should begin production early next year road tests of the Aston Martin electric crossover prototype; its design, presumably, has already been approved, but is still completely classified — we are waiting for spy photos and official teasers. The one shown at the beginning of the note, unfortunately, gives a very relative idea of ​​the new product.

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