Aston Martin’s electrification strategy has been awarded £9 million of government funding through the Advanced Propulsion Centre UK.
The award of funding from the APC is another major boost to our electrification strategy and constant strive for innovation. Providing further resources to explore the possibilities of our bespoke BEV platform, it will help achieve our ambition to be an in-house BEV technology leader in the ultra-luxury, high-performance segment. We look forward to progressing this project with our collaborative partners and thank the APC for their incredible support.
Said Roberto Fedeli, Group Chief Technology Officer of Aston Martin.
Ian Constance, APC Chief Executive commented,
The 23rd round of our collaborative R&D competition coincides with the APC’s 10th anniversary. We’ve seen over £1.4 billion of investment into automotive projects since the APC was set up, and I am proud of the impact that we have made here in the UK. This latest announcement includes a diverse set of OEMs and suppliers that demonstrate the strength of UK automotive. They will further add to our portfolio of innovative projects and continue to drive the UK to deliver on its net zero ambition.
Aston Martin is developing its first all-electric vehicle and will be looking to launch it in 2025.
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