Mexican Media Brands
Aston Martin Seeks EV Partner in China
Aston Martin Lagonda Ltd. is talking with several companies in China about potential partnerships to develop and sell electric vehicles in the market, Bloomberg News reports.
#hybrid
Share
Aston Martin Lagonda Ltd. is talking with several companies in China about potential partnerships to develop and sell electric vehicles in the market, Bloomberg News reports.
The U.K. luxury marque doesn’t plan to produce its own models in China. But it believes it could provide engineering expertise to help a local manufacturer improve aerodynamics and reduce vehicle weight to bolster the performance and range of an EV, CEO Andy Palmer says.
Last summer Aston Martin announced plans to convert its entire lineup to electrified powertrains by 2030. Pure EVs are expected to account for one-fourth of the brand’s sales by that time.
The company’s first EV, the RapidE hypercar, is due next year. China’s Contemporary Amperex Technology is being evaluated as a battery supplier for the vehicle, according to Bloomberg.
Aston Martin originally had planned to partner with Leshi Internet Information & Technology Corp. on the RaipdE. But the Chinese company dropped out of the project last June amid ongoing cash problems. As a result, Aston Martin will build just 155 of the $250,000 vehicles—about one-third the original volume.
RELATED CONTENT
-
On Military Trucks, Euro Car Sales, Mazda Drops and More
Did you know Mack is making military dump trucks from commercial vehicles or that Ford tied with Daimler in Euro vehicle sales or the Mazda6 is soon to be a thing of the past or Alexa can be more readily integrated or about Honda’s new EV strategy? All that and more are found here.
-
On Ford Maverick, Toyota Tundra Hybrid, and GM's Factory Footprint
GM is transforming its approach to the auto market—and its factories. Ford builds a small truck for the urban market. Toyota builds a full-size pickup and uses a hybrid instead of a diesel. And Faurecia thinks that hydrogen is where the industry is going.
-
FCA Opens the Door to The Future
FCA introduced a high-tech concept vehicle today, the Chrysler Portal, at the event previously known as the “Consumer Electronics Show,” now simply CES.