Aston Martin gets £9 million funding from the Advanced Propulsion Centre

Aston Martin’s high-performance electrification strategy has been awarded £9 million of government funding through the Advanced Propulsion Centre UK (APC), further supplementing the research and development of Aston Martin’s innovative modular battery electric vehicle (BEV) platform.

Awarded following a competitive process, the government grant will support the development of Aston Martin’s luxury BEV platform and enable a route to net-zero, including investment in vehicle light weighting, a digital toolchain and electrification training.

Aston Martin's EV programme awarded £9 million funding from Advanced Propulsion Centre

This funding announcement is another positive step in Aston Martin’s electrification programme, which forms a pillar of the company’s wider Racing. Green. sustainability strategy. The innovative British ultra-luxury manufacturer is making a £2 billion commitment to advanced technologies over the next five years, with its investment phasing from internal combustion engine (ICE) to BEV technology.

Project ELEVATION, a six-partner collaborative research and development project led by Aston Martin, is supported by the Manufacturing Technology Centre, Expert Tooling & Automation, Creative Composites, Fuzzy Logic Studio and WMG, University of Warwick. The project will address the technical challenges of developing a lightweight, 800V traction battery pack and twin front electric drive unit (EDU) into a modular BEV platform with a bandwidth from supercar to SUV.

Aston Martin is developing alternatives to the ICE with the first all-electric Aston Martin targetted for launch in 2025. In 2024 the company will deliver its first plug-in hybrid - the mid-engined supercar, Valhalla. By 2026 all new Aston Martin model lines will feature an electrified powertrain option, with the long-term objective for its core range to be fully electrified by 2030.

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