Aston Martin has partnered with Lucid Group to create electrified hypercars, sports, GT and SUV models as part of a £2 billion investment plan over the next five years.

The first models from this partnership are expected in 2025.

The proposed agreement announced this morning to the London Stock Exchange would see Lucid, an US-based electric powertrains and battery systems company, supply Aston Martin with electric vehicle technologies.

Aston Martin said access to Lucid’s current and future powertrain and battery technology will be at the centre of its new in-house battery electric vehicle (BEV) platform.

The business confirmed that its previous agreement with Mercedes-Benz for access and supply of powertrains, electric architectures, internal combustion engines, hybrids and EVs will also continue.