Aston Martin Lagonda Global Holdings said Tuesday that it is on track to deliver on its 2024-25 financial targets and set out a range of new targets for 2027-28, and said it expects to invest around 2 billion pounds over the next five years.
The company also set out new midterm targets, aiming for revenue of around GBP2.5 billion, and an adjusted Ebitda of around GBP800 million for 2027-28, among others.
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Aston Martin turns to US EV company Lucid for high-tech helpAston Martin has reached a deal that will give U.S. electric vehicle (EV) maker Lucid Group a 3.7% stake in return for access to its 'high performance' technology, the British company said on Monday, sending its shares up nearly 15%.
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