Aston Martin to invest £2bn over the next five years
Aston Martin has revealed it will invest around £2bn over the next five years, as it looks to secure long-term growth and complete its transition to electrification.
The luxury car manufacturer has earmarked £1.8bn of capital expenditure as well as £200m in tech access fees to partners such as its £182m strategic supply agreement with Lucid Group, to create high performance electric vehicles. The deal means Lucid Group will become a 3.7% shareholder.
Aston Martin says it is likely to exceed its target £2bn of revenue and £... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
