Could Aston Martin Merge with Lucid Motors?

Posted on 06/30/2022


Saudi Arabia’s Public Investment Fund (PIF) is a major backer of Lucid Motors (Lucid Group, Inc.). As the luxury EV maker moves to increase production capacity, PIF is in talks with British luxury carmaker Aston Martin (Aston Martin Lagonda Global Holdings PLC) about taking a stake in the business that could be worth 200 million…

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