Aston Martin is planning on revealing its first all-electric car in 2025, and the company’s aim of becoming an EV maker has received a boost of £9million from the Advanced Propulsion Centre non-profit organisation.
Reinventing itself as an ‘ultra-luxury’ brand, Aston Martin is investing £2billion into its ‘Racing. Green’ sustainability strategy over the next five years, transitioning from a pure-petrol engine range to plug-in hybrid (with the Valhalla in 2024) and then to fully-electric cars.
Aston Martin says all of its models will feature an electrified powertrain option by 2026 and its ‘core range’ will be pure-electric by 2030. Accompanying Aston’s announcement of the new investment, there was also a picture of an electric car platform and two vehicle silhouettes – one a DBX SUV and the other a sleek coupe.
Roberto Fedeli, Group Chief Technology Officer of Aston Martin, said of the grant: “it will help achieve our ambition to be an in-house BEV technology leader in the ultra-luxury, high-performance segment”.
Aston Martin also recently agreed a partnership with Lucid to access the American firm’s technology. The deal, worth £182million, means Aston can use Lucid’s electric motors and transmission.
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