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Aston Martin investor says demand is 'phenomenal,' returned first in China

LONDON - Carmaker Aston Martin is seeing "phenomenal" demand, boosted by a rebound in China, the company's executive chairman and billionaire investor Lawrence Stroll said on Friday. "Demand right now is phenomenal," he told the Financial Times' "The Future of the Car" digital conference. "China really returned first and strongest, and is gangbusters." Stroll led a consortium which invested in Aston earlier this year as the carmaker struggled following its 2018 stock market flotation, after which its share price slumped. Since then a new chief executive has taken over and the 107-year company, famed for being fictional agent James Bond's car of choice, did a deal in October which sees German carmaker Daimler up its stake in the firm. Shareholders approved the latest capital injection plan on Friday. Stroll said Aston's current growth trajectory meant "the public markets are the right place" for the firm whilst eying an increase in the value of its shares, which stand at 79 pence ($1.06). "They'll be significantly worth more than they are today," he said. Reporting by Costas Pitas, editing by David Milliken and Louise Heavens

UK electric motor maker YASA expands production 50-fold for EVs

LONDON — British electric motor manufacturer YASA said on Thursday it was increasing its production capacity from 2,000 to 100,000 units with a new factory to tap into growing demand from carmakers for greener technologies. Automakers are racing to build greener vehicles and improve charge times in a bid to meet rising customer demand and air quality targets but Britain lacks sufficient manufacturing capacity, an area the government is building up. Last year, the government picked a site in central England to house a new automotive battery development facility, which will develop the processes required to manufacture the latest battery advancements. On Thursday, YASA, based near the English city of Oxford, said it had raised another 15 million pounds ($21 million) as part of its expansion. "Our customers are looking to adopt innovative new technologies such as YASA's axial-flux electric motors and controllers in order to meet the needs of the rapidly expanding hybrid and pure electric automotive market," said Chief Executive Chris Harris. The firm exports 80 percent of production and has worked with companies including Britain's two biggest carmakers Jaguar Land Rover and Nissan as well as Aston Martin. JLR will decide this year whether to build electric cars in its home market, previously citing factors such as pilot testing and support from science and government as pre-requisites. Reporting by Costas PitasRelated Video:

James Bond Aston Martin Lego kit coming soon from Denmark with love

It's a good time to be a Lego fan and a car enthusiast. We've got little Speed Champions models of Le Mans race cars and classic sports cars, and intricate big models ranging from the VW Beetle to the Bugatti Chiron. The streak continues soon with a new kit announced by Aston Martin's Twitter page. Apparently Lego will be making a kit based on a car from one of the James Bond films. It's been 'driving' us wild with excitement and now we're nearly ready to reveal this powerful creation! #LicenceToBuild pic.twitter.com/KYHiHxlcR0 — Aston Martin (@astonmartin) July 3, 2018 The thing is, the cover art doesn't actually show what car will be used. There are quite a few Astons to pick from, too. You've got the most recent one, the DB10 from "Spectre." Then of course the DBS from " Casino Royale" and " Quantum of Solace." Oh, and how could anyone forget the missile-launching, active-camouflaging Vanquish from "Die Another Day"? View 61 Photos If we're being honest, though, there's only one Aston Martin that is truly exemplary of Bond, and that's the DB5 from "Goldfinger." It's timelessly cool, has all the gadgets, and keeps reappearing in more recent Bond films. As such, there would be no better place to start for a Lego James Bond car kit. And, since the kit will be a Creator Expert series model, we can imagine it having functioning gadgets such as the revolving license plates and the ejector seat. Man, this kit could be so cool. Hopefully we don't have to wait long to see all the details. Related Video: Image Credit: Aston Martin, RM Sotheby's Toys/Games TV/Movies Aston Martin Coupe Performance Classics Lego