Hagerty Inc.

04/11/2024 | News release | Distributed by Public on 04/11/2024 15:18

Aston Martin Sees a Longer Horizon for Internal Combustion Powertrains

As seen elsewhere, the trend towards mass adoption of electric vehicle is slowing down. In a report from AutoCar, we learn that Aston Martin is delaying their transition to electric propulsion, instead looking to hybrids powertrains for the next 10+ years of production.

Aston Martin Executive Chairman Lawrence Stroll has plans for plug-in hybrids that go far beyond the timelines contemplated by mainstream automakers who intend to use the technology as a bridge to an EV future. Stroll suggests that Aston Martin customer feedback includes having the "sound and smells" of an internal combustion engine, which further cemented their plan to go hybrid for both V-8 and V-12 models.

While Stroll suggests that electric cars will eventually happen at Aston Martin, their previous plans are no longer relevant. This included an EV Aston to be made by 2025, which has been cancelled. Stroll told Autocar that "demand for electric cars is particularly weak in the luxury segments as Aston Martins were typically not 'first' cars for their customers."

Aston Martin DBX interiorAston Martin

This reality check from Aston Martin mirrors that of their intention to keep physical controls in their decadent interiors, and keeping loyal customers happy seems like a good plan when considering the current financial struggles of Lucid and Rivian. While Lucid recently received an astronomically huge cash infusion from a Saudi investment firm, Rivian is feeling the heat in the EV market.

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