Tag

Technology Partnership

All articles tagged with #technology partnership

U.S. and Australia Strengthen Ties with Major Deals and Agreements
world4 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.

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