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Weekly Recap: Electric Rapide concept showcases Aston's future

Aston Martin showed off an all-electric Rapide S prototype this week and announced an agreement with investment firm ChinaEquity to explore development of a production version of the sports sedan. The car could arrive in about two years if the project advances, and it would be built in Gaydon, England. The concept car, called the "RapidE" was developed with Williams Advanced Engineering. The electric Rapide is meant to highlight British innovation, and it was revealed during a state visit by Chinese president Xi Jinping to the United Kingdom. Spec were not available for the concept on display. "The car we showed in London is a fully running concept but not yet defining [of] our choice of battery, motor, inverter, etc," spokesman Simon Sproule said. "Now that we have a clearer path for producing the car, we will be defining all the parameters." Aston Martin has been vocal about its electric ambitions this year, and Sproule told us at the New York Auto Show that an all-electric Rapide could cost $200,000 to $250,000 or more. "It's a study, but we're serious about it," he said. Some reports have indicated the electric Rapide could pack as much as 1,000 horsepower. Aston considers electric technology the strongest play for modernizing its powertrains and meeting emissions standards around the world. Hybrids and all-electric models can offer high outputs and strong torque delivery, which is in keeping with the Aston's image as a sportscar maker. Company brass prefer this option over dropping down to four-cylinder engines. And yes, V8s and V12s remain part of the plan. The electric push is part of Aston's future strategy to remake its lineup, which includes refreshing its sportscars, building a production version of the electric all-wheel-drive DBX concept shown at the Geneva Motor Show, and adding a four-door Lagonda. OTHER NEWS & NOTES Domino's serves up purpose-built delivery car Domino's revealed a purpose-built pizza delivery car based on the Chevy Spark. It's called the DXP, for Delivery Expert, and it can handle up to 80 pizzas. The pies stay warm thanks to an oven located behind the driver's seat, and the DXP is sauced up with a puddle-lighting feature that projects the Domino's logo outside of the car. Power comes from the Spark's stock 1.2-liter four-cylinder engine rated at 84 hp that gets up to 39 mpg on the highway. Chevy dealers will be trained to service the DXP.

Major Aston Martin shareholder cuts stake in British carmaker

A top Aston Martin shareholder cut its stake in the British carmaker by nearly 5%, a regulatory filing showed on Monday. Italian private-equity firm Investindustrial Advisors Ltd disclosed a stake of 14.99% in Aston Martin as of May 29, compared with its previous stake of 19.92%. It was not immediately clear why the fund cut its stake.  Investindustrial is the company's second-biggest shareholder after Canadian billionaire Lawrence Stroll, according to Refinitiv Eikon data. The 107-year old luxury carmaker in May posted a deep first-quarter loss after sales dropped by almost a third due to the impact of the novel coronavirus outbreak. Aston Martin and the PE firm did not immediately respond to requests for comment. (Reporting by Pushkala Aripaka in Bengaluru; Editing by Anil D'Silva) Related Video:

Aston Martin unveils aero kit and Heritage Racing Editions for Vantage

Each year at the Goodwood Festival of Speed, enthusiasts are met with an artistic white sculpture that represents a unique part of automotive history. For 2019, the Central Feature, as it's called, highlights Aston Martin with a DBR1 frozen high in the sky.  Celebrating 60 years since Aston went 1-2 at Le Mans and 70 years since the company first raced at the Goodwood Motor Circuit, Aston Martin also unveiled an aero kit and the Heritage Racing Editions for the Vantage coupe. Crafted by Aston's bespoke division "Q", only 60 examples of the Vantage Heritage Racing Editions will be made, each acting as an homage to a historic racecar from the company's past. The green and silver Vantage, named "Razor Blade," has been color-matched to a racer that set records in the 1500-cc light car class at Brooklands in 1923. The red example with Aston Martin lettering, "The Italian Progettista", is a call to the Ulster, which Aston calls its most iconic pre-war racecar. It finished third overall at the 1935 24 Hours of Le Mans and finished fourth in the RAC Tourist Trophy Race. The "David Brown Era" Vantage seen in yellow and green is inspired by the DB3S from the '50s. The red, white, and blue Vantage, dubbed "The Group C Monster", celebrates the AMR1 racer. At the time of development in 1989, the AMR1's use of a kevlar and carbon fiber monocoque was cutting-edge. The "Le Mans Winner" Vantage wears the Gulf livery and nods to the endurance racing series that Aston Martin has participated in since 1928. Lastly, the Lime Essence and Stirling Green Vantage is a hat tip to the current Vantage GTE racecar that competes in the FIA World Endurance Championship. The special-edition models also debut a new aero kit that will be available on all Vantages. Thanks to a carbon fiber rear wing, dive planes, an extended front splitter, the kit produces an additional 428 pounds of downforce at 190 mph. Each car has lightweight wheels, the Sports Plus Pack, and interior carbon fiber features for additional weight loss. Aston Martin has yet to announce pricing or availability, but all six special-edition cars can be seen next to the Central Feature throughout the Goodwood events.