Monday, 23 July, 2018

New Aston Martins to be fully hybrid-powered by mid-2020s

Aston Martin Valkyrie in near-production form Aston Martin Valkyrie in near-production form Enlarge
Lori Graves | 30 August, 2017, 01:59

Until the end of July, VFACTS data shows Aston Martin delivered 87 cars to Australian buyers, a jump of 17 cars, or 24%, on the same period past year. Palmer revealed that roughly one quarter of Aston Martin's lineup will have a battery option by the end of the 2020s. Following the Valkyrie's introduction, Aston Martin will release a fully electric version of the Rapide sedan.

Aston Martin chief executive Dr. Andy Palmer has announced that the British sports vehicle brand will electrify its entire product range by the mid 2020s, becoming the latest auto manufacturer to pledge a hybrid and all-electric future.

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The first all-electric Aston Martin will be the RapidE, a sleek four-seater due in 2019. Demand for the DB11 and continued strong sales of the V12-powered Vanquish S and Vantage S models coincided with sell-out success for special-edition vehicles such as the Vanquish Zagato Coupe and continued development work on the Aston Martin Valkyrie hypercar in conjunction with Red Bull Advanced Technologies. But that will be a limited-run model, with only 115 planned. Like Volvo, some of these will just be 48V mild hybrids.

While some new Aston Martin cars are set to receive Mercedes-AMG produced 4.0-litre V8 biturbo engines as a result of the technology partnership between Aston and Daimler, Palmer suggested that the firm's electric powertrain would be developed in house. But battery cells will be brought in from outside. The company made a profit of $27.3 million (£21.1 million) from revenues of $529.7 million (£410.4 million) for the first half of the year, a huge turnaround compared to the same period in 2016, which saw losses of $106.3 million and revenues of just $273.5 million.

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