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Aston Martin Awarded $11 Million In APC Funding To Accelerate Its Electrification Strategy

by Jordan Aquistapace
October 9, 2023
in Aston Martin News, News
Aston Martin Main EV

Aston Martin

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Aston Martin receives a government boost for its BEV strategy, targeting full electrification of its core range by 2030.

As the automotive market continues its transition to electric mobility, leading manufacturers are harnessing more performance and efficiency through complex in-house developed electric platforms. Today, Aston Martin‘s innovative modular battery electric vehicle (BEV) platform program will get a significant push in funding thanks to a substantial $11 million grant from the Advanced Propulsion Centre UK (APC). The funding aims to propel Aston Martin’s luxury BEV platform, paving a clear path to achieving net-zero emissions. The process includes substantial investments in vehicle light-weighting, the integration of a digital toolchain, and extensive electrification training. It aligns seamlessly with Aston Martin’s overarching “Racing. Green. sustainability strategy.” Committed to pumping $2.44 billion into advanced technologies over the next five years, Aston Martin’s phased transition from internal combustion engines to BEV technology stands out.

Project ELEVATION is at the forefront of this transition, a six-partner R&D collaboration spearheaded by Aston Martin. Drawing expertise from organizations like the Manufacturing Technology Centre, Expert Tooling & Automation, and WMG, University of Warwick, the primary focus addresses the challenges of integrating a lightweight battery pack and a twin front electric drive unit into a versatile BEV platform, scalable from supercars to SUVs. Aston Martin’s electric roadmap is clear, with the debut of their all-electric model by 2025, the launch of their first plug-in hybrid, Valhalla, in 2024, and a promise that by 2026, every new Aston Martin will have an electrified powertrain option. The ultimate goal? A fully electrified core range by 2030, setting a benchmark in the luxury car segment. View all Aston Martin models currently for sale on duPont REGISTRY by clicking the link below.

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Source: Aston Martin

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