As Aston Martin ramps up to launch pure electric sports cars, platforms from Mercedes, Rimac and Lucid are on the table
This platform is expected to feature a cell-to-chassis design that integrates the battery pack into the structure itself to lower the centre of gravity, and accommodates - based in Oxford, intriguingly just 35 miles from Aston's Gaydon HQ.
The PIF also heavily contributed to a huge £550 million investment package in McLaren earlier this year, and notably in 2019 became the main backer of American EV firm Lucid, with an investment worth more than $1 billion . Stroll conceded that its involvement, which has been under discussion for “months”, could offer an alternative avenue for Aston’s electrification plans.
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UK's Aston Martin to raise 653 mln pounds, Saudi's PIF to become major investorAston Martin said on Friday it was looking to raise 653 million pounds ($771.58 million) through a right issue to shareholders, while bringing in Saudi Arabia's sovereign wealth fund as its second-largest shareholder.
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Aston Martin outlines £653m investment planSaudi funding, more AMG money and share issue to electrify Aston's future with £653m investment plan 💰
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Aston Martin's second largest shareholder is now Saudi ArabiaSaudi Arabia has displaced Mercedes-Benz to become the second largest shareholder in Aston Martin.
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Martin Short Plays Bit by BitMartin Short discusses his longtime friendship with Steve Martin, his lack of nervousness while performing, and the empowerment that he felt after losing his parents and brother at a young age.
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Steve Martin 'Dismayed' Over Selena Gomez's Emmy Snub From Only Murders in the BuildingComedy legend Steve Martin is as disappointed as anybody else that his Only Murders in the [...]
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