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Aston Martin's Racing.Green. strategy lays out sustainability goals

Last year, Aston Martin co-owner Lawrence Stroll said the automaker had two electric vehicles in the pipeline, company CEO Tobias Moers saying the first electric model would show in 2024 or 2025. The English luxury sports car concern has outlined its plans in a new strategy called Racing.Green. — which we will write without the two periods from now on. The major goals of Racing Green are getting a hybrid vehicle to market in 2024, getting the first electric vehicle to market in 2025, phasing the last pure ICE cars out of the lineup in 2026, and offering a fully electrified portfolio by 2030.  Supporting the product goals, Aston Martin says its UK manufacturing facilities have utilized 100% renewable energy since 2019; Racing Green aims for net zero manufacturing emissions by 2030. The St. Athan facility in Wales will be fitted with 14,000 solar panels, enough to provide 20% of the plant's yearly energy use. When taking Aston Martin's entire supply chain into account, the initiative wants a 30% reduction in supply chain emissions relative to a 2020 baseline by 2030, and net zero supply chain emissions by 2039. On that subject, engineers are looking at using aluminum alloy created with 100% renewable energy. Even plastics and water are targeted, the company hoping to "eliminate all plastic packaging waste" within three years and reduce water use by 15%.    As to the product, that first PHEV is going to be the Valhalla and its English-tailored, AMG-sourced, 937-horsepower plug-in powertrain. We still don't know what the first electric model will be the following year, but the DBX makes an obvious candidate. And just a year after that, every model the firm sells will provide the option of an electrified powertrain, the pure ICE models phased out of the range. There will be more choice for interiors, too, in the form of leather-free vegan options. Those goals will occur within a company-wide sustainability, diversity, and inclusion overhaul with peer-reviewed chops. Aston Martin joined the Science Based Targets Initiative (SBTi), which helps businesses reduce greenhouse gas emissions "in line with what the latest climate science deems necessary to meet the goals of the Paris Agreement." The automaker says Racing Green is also "aligned with the UN Sustainable Development Goals." In-house compliance with the strategy will be monitored by a board-level Sustainability Committee chaired by non-executive director Dr. Anne Stevens.

Aston Martin reveals new prototype Vantage GT3 race car at Le Mans

Aston Martin is rolling out a prototype version of its new Vantage GT3 at the Michelin Aston Martin Racing Le Mans Festival race this weekend. The race car is a replacement for the V12 Vantage GT3 but won't be homologated for competition until March 1, 2019. It's also showing — but not racing — a new Vantage GT4. Both are based on the Vantage road car. The Vantage GT3 has a dry weight of 2,745 pounds and is powered by the same 4.0-liter turbocharged V8, but the Aston racing tuners have tweaked output to 535 horsepower and 516 pound-feet of torque, up from 503 hp and 505 lb-ft. It also keeps the road car's lightweight aluminum chassis but adds a steel roll cage, Xtrac six-speed sequential gearbox, Alcon motorsports multi-plate clutch, Ohlins four-way adjustable dampers, Alcon brakes and Bosch Motorsport ABS. It's being helmed by driver Ross Gunn. Aston introduced the V12 Vantage GT3 seven years ago. It's the brand's most successful customer car and most recently won the Blancpain GT Series Endurance Cup and British GT series. Aston is keeping the Vantage GT4 on display in its paddock for potential customers and race fans. It's also set to be homologated on March 1, 2019. Related Video: Featured Gallery Aston Martin Vantage GT3, GT4 Image Credit: Aston Martin Aston Martin Coupe Racing Vehicles aston martin v12 vantage aston martin vantage gt3

Cash influx could help Aston Martin double sales

Aston Martin is on the verge of a major product overhaul – complete with new architecture and powertrains. And good thing, considering that the Vantage and DB9 are each about a decade old. But to make it all happen, the British automaker is going to need a massive capital influx. Fortunately, that's just what it got when Investindustrial came on board. The Italian private equity fund, which previously owned a large chunk of Ducati and is now building a Ferrari theme park in Spain, bought a 37.5 percent stake in Aston Martin back in 2012. The acquisition reportedly cost Investindustrial the better part of a quarter billion dollars, but that's not the end of the firm's investment in Aston. According to Bloomberg, Investindustrial is now pouring even more into the Gaydon-based marque to help fund its product blitz. The output of that investment is expected to be announced at the upcoming Geneva Motor Show. That's where Aston's new chief executive Andy Palmer (whom Investindustrial reportedly helped poach from Nissan) is tipped to announce the company's new product plan that is earmarked to help double the company's sales from around 4,000 units last year to as many as 8,000 once those new products reach the market. The plan will assuredly include replacements for Aston's trademark luxury GTs, but could also encompass a new crossover utility vehicle to give it a greater foothold in growing markets like China while taking on similar new products from key rivals like Bentley and Maserati. While those two competitors are owned by larger auto groups – Volkswagen and Fiat Chrysler, respectively – Aston is independent. It's brokered a deal with Mercedes (thanks once again in no small part to Investindustrial) to help with components it can't effectively develop in-house, but the cash injection will be critical to the brand's revival plans.