Aston Martin - comment

The increase in Saudi PIFs overall stake in Aston Martin (AML) is mainly cosmetic from a creditor’s perspective. However, the confidence shown in AML is refreshing, even if no cash is coming in. Atieva Inc. is Aston Martin's (AML) battery partner and has taken a 3.4% stake in AML. Atieva acquired 0.9% from Saudi PIF, with the remaining 2.5% purchased in the open market. As Saudi PIF controls Atieva, its stake in AML rises to 20.5% .