Aston Martin has received £9 million from the Advanced Propulsion Centre UK (APC) to boost its electric vehicle development efforts.
APC grant to support Aston Martin’s transition from internal combustion engines to battery electric vehicle technology.
Project ELEVATION aims to integrate an 800V traction battery pack and twin front electric drive unit into a modular BEV platform.
By 2030, Aston Martin aims for its core range to be fully electrified.
Aston Martin has secured a £9 million grant from the Advanced Propulsion Centre UK (APC). This funding is set to enhance the research and design of Aston Martin’s modular battery electric vehicle (BEV) platform. The grant was awarded after a rigorous selection process and is aimed at bolstering the luxury BEV platform, emphasizing vehicle lightening, digital tools, and electrification training.
This funding is a significant step forward in Aston Martin’s electrification agenda, a key component of its broader “Racing. Green.” sustainability initiative. The British luxury carmaker is committing £2 billion towards cutting-edge technologies over the next half-decade, gradually transitioning from internal combustion engines to BEV tech.
A collaborative R&D project, Project ELEVATION, spearheaded by Aston Martin, is also in the works. With support from partners like the Manufacturing Technology Centre, Creative Composites, and the University of Warwick, the project aims to tackle the technical aspects of creating a lightweight 800V traction battery pack and a twin front electric drive unit. This will be incorporated into a versatile BEV platform catering to various vehicle types, from supercars to SUVs.
Aston Martin’s Group Chief Technology Officer, Roberto Fedeli, expressed gratitude for the APC’s support and emphasized the company’s goal to lead in BEV technology within the ultra-luxury, high-performance sector.
Highlighting the company’s electrification trajectory, Aston Martin is set to launch its first all-electric car in 2025. They will introduce their inaugural plug-in hybrid, the Valhalla, in 2024. Aston Martin envisions all its new models to offer an electrified powertrain variant by 2026, with a goal to fully electrify its primary lineup by 2030.