Lucid to sell platform to Aston Martin?

[Neurio]

Aston Martin considers Mercedes, Lucid and Rimac EV platforms | Autocar

Aston will launch its first EV in 2025 and new partnerships open up several possibilities for its architecture

www.autocar.co.uk

That would make for a nice income stream for Lucid, but it seems that the only link is the Saudi PIF, who is acquiring a large stake in Aston. Time will tell if this comes to fruition...

 

[PacificGL]

seems like partnership between Aston Martin and Lucid is in the making

https://www.reddit.com/r/LCID/comments/10zg7b9

 

[MorganB]

Very interesting!

 

[windscar911]

seems like partnership between Aston Martin and Lucid is in the making

https://www.reddit.com/r/LCID/comments/10zg7b9

I suspect @Bobby is involved somehow

 

[Bobby]

I suspect @Bobby is involved somehow

I KNEW there was some shenanigans going on in my garage while I slept!

 

[HC_79]

That rumor has been swirling around since last year. Just like Lucid is doing the Apple Car

Will believe it when I see it

 

[Neurio]

I forgot I posted this link 7 months ago. Saw an alert today and got confused. So, yes, old news dredged up again.

 

[Babyrocko1908]

It's official - Lucid, Aston Martin, & PIF partnership!

Aston Martin and Lucid Partner with Saudi Fund to Revolutionize the EV Markethttps://static.wixstatic.com/media/d426f3_b2c4c9b5c8734187a21cfa088275fe61~mv2.png

Aston Martin and Lucid Motors have announced a strategic partnership with Saudi Arabia's Public Investment Fund (PIF) to further develop and expand the electric vehicle market. The PIF is a sovereign wealth fund that manages more than $400 billion in assets for the Saudi Arabian government. This...

www.electricvehicleshq.com

 

[ksn]

It's official - Lucid, Aston Martin, & PIF partnership!

Aston Martin and Lucid Partner with Saudi Fund to Revolutionize the EV Markethttps://static.wixstatic.com/media/d426f3_b2c4c9b5c8734187a21cfa088275fe61~mv2.png

Aston Martin and Lucid Motors have announced a strategic partnership with Saudi Arabia's Public Investment Fund (PIF) to further develop and expand the electric vehicle market. The PIF is a sovereign wealth fund that manages more than $400 billion in assets for the Saudi Arabian government. This...

www.electricvehicleshq.com

Hope this would provide Lucid with access to the Aston Martin dealerships and in turn they can be used as Lucid service centers. Will definitely help with improving service availability

 

[Babyrocko1908]

Hope this would provide Lucid with access to the Aston Martin dealerships and in turn they can be used as Lucid service centers. Will definitely help with improving service availability

Interesting.

 

[Unmutual]

Lucid hasn't put out any press releases on this, so it's not likely "official" just yet. Perhaps something will come out on the earnings call tomorrow.

 

[Babyrocko1908]

Lucid hasn't put out any press releases on this, so it's not likely "official" just yet. Perhaps something will come out on the earnings call tomorrow.

Party Pooper but you're absolutely correct!

 

[Unmutual]

Stock is down 9% too .... (if I'm a party pooper ....)

 

[Babyrocko1908]

Stock is down 9% too .... (if I'm a party pooper ....)

That's a buying opportunity. I bought 200 this morning.

 

[xponents]

Hope this would provide Lucid with access to the Aston Martin dealerships and in turn they can be used as Lucid service centers. Will definitely help with improving service availability

Service quality is about to go down..

 

[Babyrocko1908]

Service quality is about to go down..

What makes you say that?

 

[xponents]

What makes you say that?

Well, I felt like based on everybody's experience, lucid is very caring about their customers. This could be because of their extremely concentrated service areas/studios. If aston martin staff take over(lucid staff might just work at aston martin, just assuming) will they really care about lucid all that much? Of course, aston being a hyper luxury company may also be very good.

 

[ksn]

Well, I felt like based on everybody's experience, lucid is very caring about their customers. This could be because of their extremely concentrated service areas/studios. If aston martin staff take over(lucid staff might just work at aston martin, just assuming) will they really care about lucid all that much? Of course, aston being a hyper luxury company may also be very good.

My local service folks (no service center in NJ) respond immediately if I sent them a text but because they hare using a third party body shop location, getting any service that needs the car to be taken to the body shop is almost impossible. These guys are stretched and if they get access to more service centers I feel they can provide better support.

 

[joec]

This was definitely timed for tomorrow’s earnings call. I suspect Peter will address it, and it will help soften the blow of their not so amazing delivery numbers.

 

[xponents]

This was definitely timed for tomorrow’s earnings call. I suspect Peter will address it, and it will help soften the blow of their not so amazing delivery numbers.

As well as gravity and the saudi buyout I would assume.