The race to electrification is on a rapid pace, and Aston Martin plans to catch up by leveraging on its key partners. The British luxury automaker is tapping Geely to acquire essential parts for its future electric vehicle (EV) models.
Autocar reports that Geely will supply seats and HVAC parts to Aston Martin. For the uninitiated, the Chinese automaker is AM's third-largest stakeholder, owning a 17% stake in the company. Billionaire Lawrence Stroll still has the largest share of the pie, followed by Saudi Arabia's Public Investment Fund.
By relying on Geely for the aforementioned parts, Aston Martin can focus more on developing its future models, including all-electric ones. Company CEO Amedeo Felisa said the current suppliers' list would be cut by 30%, automotive news website CarBuzz reported.
Another key partner is Lucid, which will supply EV powertrain components to Aston Martin's future EV sports cars. The American EV manufacturer is not shy of producing high-performance all-electric cars, with the Lucid Air delivering 1,111 horsepower using a dual-motor all-wheel-drive setup. A 1,200-hp tri-motor powertrain available in the Lucid Air Sapphire also shows what the company can bring to the table.
Despite concrete electrification plans, Aston Martin does not want all of its products to become electric. As such, the company is keeping Mercedes-Benz close to continue using its ICE technology, including the twin-turbo V8 found in the Vantage.
All the key partners should aid Aston Martin with its EV program and its target to produce more units in the coming years. Geely can simplify the supply chain so the British brand can roll out new cars on the road faster.
All these can be seen once Aston Martin unveils its first EV sports car sometime in 2025, with the Valhalla spearheading the brand's electrification campaign with its high-performance plug-in hybrid powertrain.
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