Aston Martin raises £9m for electrification, digital toolchain
Aston Martin’s high-performance electrification strategy has been awarded £9million of government funding through the Advanced Propulsion Centre UK (APC).
The APC grant boosts the research and development at Aston Martin for a modular battery electric vehicle (BEV) platform and includes investment in making the vehicles lighter, a digital toolchain and electrification training.
Aston Martin is planning to launch its first all-electric vehicle 2025 with its first plug-in hybrid – the mid-engined supercar, Valhalla, next year. By 2026 all new Aston Martin model lines will feature an electrified powertrain option, with the long-term objective for its core range to be fully electrified by 2030.
Project ELEVATION, a six-partner collaborative research and development project led by Aston Martin, is supported by the Manufacturing Technology Centre, Expert Tooling & Automation, Creative Composites, Fuzzy Logic Studio and WMG, University of Warwick. The project will address the technical challenges of developing a lightweight, 800V traction battery pack and twin front electric drive unit (EDU) into a modular BEV platform that ranges from a supercar to an SUV.
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“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, said: “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.”
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