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Aston Martin reboots its EV offensive with Mercedes-Benz technology

Mercedes-Benz will provide Aston Martin the technology it needs to enter the electric car segment, according to the British firm's top executive. Its first battery-powered model is scheduled to arrive in 2025 at the earliest. As we've previously reported, Mercedes will increase its stake in Aston Martin to 20% by 2023. In exchange, it will grant the company access to its hybrid and electric powertrains. It's a win-win situation: On one hand, Mercedes can leverage the benefits of economies of scale. On the other hand, Aston Martin (which is far smaller) is able to access turn-key technology without spending an exorbitant amount of money on development. Executives are consequently rebooting Aston Martin's on-again, off-again electrification offensive. Its first electric model will be built using Mercedes-Benz-sourced technology when it goes on sale in 2025 or 2026, according to Automotive News Europe. Company boss Tobias Moers (who ran Mercedes-AMG until earlier in 2020) clarified the platform will come from Germany, but there's no word yet on whether the motor and the battery will, too. However, he confirmed plans to resurrect the Lagonda name on an electric-only sub-brand have been canceled. "Lagonda has a different purpose for the future. Electric-driven cars are supposed to be Aston Martins," he said. Hybrids are in the pipeline, too, including a gasoline-electric version of the high-riding DBX. Engineers were previously developing the technology in-house, but the project could end up in the automotive ash heap now that more Mercedes powertrains are in the picture. Moers affirmed he hasn't decided which route to take yet. "We are still working on that [hybrid drivetrain], but now we have alternatives. It's too early to say," he noted. Aston Martin will release the mid-engined Valhalla in 2021, and the plug-in hybrid DBX will begin rolling off the production line in 2023. Several new models will make their debut that year, Moers promised a "product firework," and it's reasonable to assume most will be available with some degree of electrification. He predicted every fourth or fifth car Aston Martin sells in 2024 will be electrified in one way or another. Green blues Aston Martin's path to electrification hasn't been smooth. In 2015, it joined forces with China-based LeEco to build an electric variant of the Rapide, but it was forced to finish the project on its own after its partner canceled the deal due to financial issues.

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.

Geely in talks to take a stake in Aston Martin

China’s Geely Automobile Holding held talks with Aston Martin management and investors as it considers investing into the British luxury carmaker, the Financial Times reported on Friday. Geely is conducting due diligence as it looks at taking a stake in the 107-year-old UK firm, which warned earlier this week its 2019 profits would by cut nearly in half due to weak European markets. Another report out today said that Aston had canceled its RapidE electric car because of its financial situation. Geely owns controlling stake in another British car company, Lotus, and also the London EV Company, which makes London cabs. It also owns Volvo and a nearly 10% stake in Daimler. Aston Martin was not immediately available for comment. Geely did not immediately respond to a request for comment.  Related Video:     Earnings/Financials Green Aston Martin Geely