Lucid stock bounces back as Aston Martin to pay $232 million as part of supply pact


Shares of Lucid Group Inc. bounced sharply Monday, off the previous session’s record closing low, after the electric-vehicle maker and battery-pack maker disclosed a supply agreement with U.K.-based luxury automaker Aston Martin Lagonda Global Holdings PLC.
Under the terms of the agreement, Aston Martin ARGGY, AML, will pay a $232 million technology access fee to Lucid LCID,…

This story from was posted on 2023-06-26 by @polaris.


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