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Home News International EV News

Launch of Aston Martin’s first battery-electric vehicle

Strategic decision stems from harnessing the very best high-performance technologies

AutoEV Times by AutoEV Times
March 16, 2024
in International EV News
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Launch of Aston Martin’s first battery-electric vehicle
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“With Aston Martin’s technical partnerships now solidified and operational, the Company has honed its focus on delivering a cutting-edge battery electric vehicle (BEV) experience slated for the year 2026. This strategic decision stems from harnessing the very best high-performance technologies currently available to ensure a groundbreaking launch that exemplifies the brand’s commitment to innovation and sustainability.

Moreover, amidst a dynamic automotive landscape, Mercedes-Benz recently recalibrated its electrification timeline, pledging to enhance its combustion engine models while extending the horizon for electric vehicle integration by five years. This shift underscores the delicate balance between traditional and progressive automotive solutions in response to evolving market dynamics and consumer preferences.

As industry stakeholders invest heavily in the anticipated growth of electric vehicles, the escalation in production capacity and technological leaps has outpaced the actual demand for EVs, prompting manufacturers to recalibrate their production strategies. This recalibration emphasizes the necessity for synchronized advancements in manufacturing, infrastructure, and market readiness to bridge the gap between supply and demand accurately.

With a steadfast commitment to technological evolution, Aston Martin has earmarked a substantial 2 billion pounds ($2.53 billion) investment over the next half-decade to ensure a seamless transition from conventional internal combustion engine (ICE) technology to cutting-edge battery electric vehicle (BEV) innovations. This dedicated financial commitment underscores Aston Martin’s pivotal role in propelling the automotive industry towards a sustainable and electrified future.”

Tags:  Indian electric vehicles Indian EVsAston MartinAutoEV Timesbattery electric vehiclee-Mobility NewsEV news
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