Lucid Motors will help Aston Martin develop electric supercars

PLUS: Automakers adopt Tesla's NACS, new BMW battery plant, and Lordstown bankruptcy.

If you have trouble reading this message, view it in a browser. With Lucid's Help, Aston Martin Eyes EV with 1500+ HP      Lucid Motors has developed some of the most powerful EVs on the market today, with the Air Sapphire promising over 1200 hp in a bid to upstage the Tesla Model S Plaid. But the EV startup doesn't plan to keep all this motor and battery technology to itself.    A few days ago we attended a briefing with Lucid CEO Peter Rawlinson and Aston Martin Executive Chairman Lawrence Stroll, with the two companies unveiling plans to collaborate on not one but a whole range of EVs.     Lucid's own tri-motor layout is just the starting point, with Aston Martin planning to use a mix of Lucid units and motors of its own design in upcoming EVs based on Aston's own platform.     This means a quad-motor design will be among the EVs Aston plans to offer in the coming years.    Read on to find out what else this collaboration could bring. READ THE FULL STORY Volvo Becomes First European Automaker to Adopt NACS      Volvo became the latest automaker to reveal plans to adopt Tesla's North American Charging Standard (NACS) and to use Tesla's Supercharger network, after similar plans were announced by Ford, General Motors, and Rivian in the past few weeks.     Just like the other automakers, Volvo plans to distribute adapters to owners of its EVs early on, before incorporating NACS charging ports as a built-in feature starting in 2025. And later on, Volvo also plans to offer a NACS-to-CCS adapter to those owners wishing to use CCS cables.    Volvo's move is part of a sudden and major shift to Tesla's NACS standard—one that arrived with little warning.    "As part of our journey to becoming fully electric by 2030, we want to make life with an electric car as easy as possible," said Jim Rowan, CEO at Volvo Cars.     Other automakers could also adopt NACS in the coming weeks.    But will Tesla owners like seeing other EVs at Supercharger stations starting in 2024? READ THE FULL STORY Lordstown Files for Bankruptcy, Endurance Pickup Assets for Sale        Lordstown Motors made a big splash a few years ago with plans for a pickup with hub motors for each wheel. But even before assembly of the truck began, the company saw plenty of headwinds when it came to financing its production line in the Ohio city of the same name, which it purchased from General Motors.     Taiwanese electronics giant Foxconn stepped in just over a year ago, signing an agreement to operate the Lordstown plant and invested the funds to put the Endurance into production, at least for a short period of time.    Now, after a falling out with Foxconn, Lordstown has filed for bankruptcy.    Will this be the end of Endurance and other EV production in Ohio?    Here's the latest on this ongoing saga. READ THE FULL STORY ABB FIA Formula E Expanding TV, Streaming Footprint in U.S. Beginning in 2024 READ MORE Here's All You Need to Know about EV Maintenance READ MORE With New Battery Plant, BMW Likely Secures $7500 Tax Credit for Customers READ MORE Why VW Group Is Giving Its Brands More Control over Strategy, Identity READ MORE With $9.2 Billion Loan, Ford-SK Battery JV Steps Up Electrification Plans READ MORE Formula E Portland Results: Tale of Two U.S.-Owned Teams; Nick Cassidy Wins For Third Time READ MORE Spread the word: If you know someone interested in staying on top of the rapidly growing EV segment, feel free to pass this newsletter along. SIGN UP Follow Us Unsubscribe Privacy Notice Autoweek.com ©2023 Hearst Communications Inc. All Rights Reserved. Hearst Email Privacy, 300 W 57th St., Fl. 19 (sta 1-1), New York, NY 10019