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Aston Martin shows electric Rapide, production possible in two years

Aston Martin is working with investment firm ChinaEquity to bring an all-electric version of the Rapide to production by the end of 2017. Aston received 50 million British pounds ($77 million) from ChinaEquity for development, according to Automotive News Europe. The model could have as much as 1,000 horsepower, which makes sense because its powertrain will be developed by an affiliate of the Williams Formula One team. Aston Martin also says an electric variant of its DBX SUV may be in the works by 2019. The electric Rapide could also have a 200-mile single-charge range, though the car may be priced at as much as $250,000. Aston Martin first announced plans to build the model earlier this year. The automaker launched the Rapide in 2010. Related Video: The video meant to be presented here is no longer available. Sorry for the inconvenience.

Amadeo Felisa replaces Tobias Moers as Aston Martin CEO

Aston Martin Lagonda on Wednesday named former Ferrari boss Amedeo Felisa as its new chief executive officer as the British luxury carmaker works on emulating the Italian carmaker's success and electrifying its brand. Felisa will take over with immediate effect from Tobias Moers, who joined the company in 2020 from shareholder Mercedes-Benz's high-performance AMG brand and served as CEO and chief technical officer. Felisa currently serves on Aston Martin's board and led Ferrari between 2008 and 2016 when it was still part of the Fiat group. Most recently, Felisa served as a special adviser to Silk-FAW, a joint venture between U.S.-based automotive engineering and design firm Silk EV and Chinese automaker FAW. Billionaire Lawrence Stroll drove to the rescue of James Bond's car brand of choice less than two years ago while it struggled after a disastrous IPO. Stroll has overseen a manufacturing makeover at Aston Martin to lift margins and help it become more like rival Ferrari with more customized car orders. Now the carmaker's largest shareholder and executive chairman, Stroll told Reuters that Moers had stabilized the company when it "needed immediate manufacturing, operation attention" but now Aston Martin needed a CEO to "focus on the bigger picture". "Nobody knows how to make ultra-luxury performance cars better than Amedeo," Stroll said. "He saw the movie, he wrote the script." Aston Martin plans to launch its first fully-electric car in 2025. Aston also named former Ferrari and BMW executive Roberto Fedeli as its chief technical officer. The latest appointments come just months after the company's former chief financial office also left Aston Martin. Jefferies analyst Philippe Houchois wrote in a client note that Aston Martin's new CFO and the appointment of Felisa "will hopefully help stabilize management across the company". On Wednesday, Aston Martin reported a wider pretax loss of 111.6 million pounds ($139.15 million) for the first quarter, compared with a loss of 42.2 million pounds a year earlier, which was largely in line with expectations. Related video: Hirings/Firings/Layoffs Aston Martin

Cosworth briefly crows that Aston Valkyrie's 6.5L V12 has record horsepower

It's only natural that Cosworth would want the world to know that it's building the world's most powerful naturally-aspirated engine for the Aston Martin Valkyrie and Valkyrie AMR Pro. The timing of when the world should know about it, that's at issue. Yesterday the English engine maker's official Twitter account posted a picture of the barely-there coupe and the line, "We're famous for breaking records and our latest engine, the Aston Martin Valkyrie 6.5-litre V12, will be the world's most powerful naturally aspirated road engine with 1,130bhp." Two tags accompanied the post, #Cosworth and #AstonMartinValkyrie. About 90 minutes later, the tweet disappeared. The likely issue is that Cosworth got ahead of Aston Martin's official confirmation of Valkyrie outputs, something we're more used to from patent offices and Chinese model makers. The question is what output is Cosworth really talking about, and which car. All of last year, however, various reports had the street-legal Valkyrie making 1,130 hp. A Road & Track report attributed "nearly 1,000 hp" coming from the NA V12, the remaining 130 from a kinetic energy recovery system working the front axle. Hence, we're not sure if Cosworth's talking about its own engine alone at 1,130 hp, or its engine with the KERS. But then there's this: At the launch of the Valkyrie AMR Pro during the Geneva Motor Show this year, Aston Martin said the track-only Valkyrie AMR Pro would enjoy "a combined power output of more than 1100 bhp — more than the Valkyrie road car and a figure than comfortably exceeds the magic 1:1 power-to-weight ratio." The truth's a mystery for now, which is just as Aston Martin would want it. If Cosworth's engine really does make 1,130 hp on its own, that would be monstrous, and it would mean the automaker's been playing a serious game of English understatement. Even if Cosworth included the hybrid help, however, an NA V12 with 1,000 ponies would take the crown. The only competition is the 6.5-liter V12 in the Ferrari 812 Superfast, and that's 211 horses adrift. The quad-digit figures expected from Mercedes-AMG Project One and McLaren Speedtail require turbochargers, as does the just-teased V8 going into the Shelby Tuatara. With the first of 150 Valkyrie road car deliveries scheduled for next year, we probably don't have that much longer to wait to find out. Related Video: