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Technology Partnership

All articles tagged with #technology partnership

world2 months ago

U.S. and Australia Strengthen Ties with Major Deals and Agreements

President Donald Trump and Australian Prime Minister Anthony Albanese signed a landmark agreement focusing on critical mineral supply chains, defense investments, and technological cooperation, including over $3 billion in joint mineral projects, defense deals worth billions, and increased economic and space collaboration, strengthening the US-Australia alliance.

automotive2 years ago

Aston Martin partners with Lucid for cutting-edge electric powertrains.

Aston Martin has signed a technology partnership with US-based EV startup Lucid, which will provide the British carmaker with access to Lucid's powertrains and battery systems technology. The deal, worth $450m, will see Aston Martin pay Lucid $232m in cash and shares and at least $225m on powertrain components. The partnership will allow Aston Martin to create a bespoke BEV platform suitable for all future products, from hypercars to SUVs. The first of these EVs is due in 2025.