Aston Martin has unveiled its ambitious plan to introduce four electric vehicles (EVs) within a span of four years, commencing from 2025. Currently lacking any electrified models, the luxury car manufacturer aims to transform its entire lineup into plug-in hybrids or EVs by the end of the decade.
The initial step towards electrification is the launch of the Valhalla supercar in 2024, which will feature a mid-mounted V-8 engine powering the rear wheels, potentially supplemented by one or two electric motors powering the front wheels.
Aston Martin’s Chairman, Lawrence Stroll, revealed the company’s EV roadmap during a presentation on Monday, where he also announced a technology collaboration with American EV startup Lucid. As part of the partnership, Aston Martin will procure motor and battery technology from Lucid for its current and future EV platforms. Additionally, the company will rely on Zhejiang Geely, a major shareholder, for essential components such as seats and HVAC systems, as stated by Roberto Fedeli, Aston Martin’s Chief Technology Officer.
All four EVs planned by Aston Martin will be entirely new models, rather than revamped versions of existing vehicles, according to Stroll. These EVs will be built on a versatile platform capable of accommodating hypercars, sports cars, grand tourers, and SUVs. The initial EV is expected to be an SUV, deviating from earlier assumptions of a sports car. Some of the EVs may even incorporate up to four electric motors.
Aston Martin envisions a future where most of its lineup consists of EVs. Currently, the company allocates approximately 75% of its development budget to internal combustion engine vehicles. However, this distribution is anticipated to shift significantly, with 75% of the budget directed towards EVs as early as 2027.
Before the introduction of EVs, Aston Martin plans to refresh its existing sports car range. The DB12, revealed as the successor to the DB11, has already been announced. Later this year, the new Vantage will debut, followed by the aforementioned Valhalla and a successor to the DBS in 2024.
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Frequently Asked Questions (FAQs) about EVs
Q: Does Aston Martin currently offer any electrified models?
A: No, Aston Martin does not currently sell any electrified models. However, they have plans to introduce plug-in hybrids and electric vehicles (EVs) in the near future.
Q: When will Aston Martin start introducing EVs?
A: Aston Martin plans to launch its first EV in 2025, followed by three more EVs over the course of four years, starting from 2025.
Q: Will Aston Martin’s EVs be based on existing models?
A: No, Aston Martin’s EVs will be entirely new models and not redesigned versions of their existing cars.
Q: What type of vehicles will Aston Martin’s EVs include?
A: Aston Martin’s EV lineup will include a range of vehicles, including SUVs, hypercars, sports cars, and grand tourers. The common platform they will be based on is designed to be flexible enough to accommodate various vehicle types.
Q: What is Aston Martin’s strategy for obtaining EV technology?
A: Aston Martin has entered into a technology sharing agreement with Lucid, a U.S. EV startup, to supply current and next-generation motor and battery technology for their EV platforms. They will also rely on Zhejiang Geely, a shareholder, for basic components such as seats and HVAC systems.
Q: How soon will Aston Martin transition its development budget towards EVs?
A: Aston Martin aims to shift its development budget distribution to allocate 75% towards EVs as early as 2027, indicating a significant focus on electric vehicles in the future.
Q: What are Aston Martin’s plans for its existing sports car lineup?
A: Before the arrival of the EVs, Aston Martin intends to renew its current sports car lineup. They have already revealed the DB12 as the successor to the DB11, with a new Vantage scheduled for release later this year. The Valhalla and a successor to the DBS are also planned for 2024.
More about EVs
- Aston Martin
- Lucid Motors
- Automotive News
- Zhejiang Geely Holding Group
- Aston Martin Valhalla
- Aston Martin DB11
- Aston Martin Vantage
- Aston Martin DBS
5 comments
lucid motors supplying tech to aston martin? that’s an interesting partnership. i’m curious to see how their collaboration will shape up and what kind of advancements we’ll see in aston martin’s evs.
can’t believe they’re not making any electric cars right now. come on, aston martin, get with the times! at least they’re making moves to change that. looking forward to their electrified future.
aston martin going electric is awesome, can’t wait for their new evs. it’s gonna be lit!
finally aston martin is catching up with the electric trend. their ev lineup sounds promising. suvs, hypercars, sports cars – it’s gonna be epic!
i’m glad aston martin is planning to electrify its entire lineup. it’s great to see luxury car brands embracing sustainability and offering more eco-friendly options. can’t wait to see their sleek electric models on the road.