A formal collaboration has been reached by Aston Martin with Britishvolt for the development of powerful battery technology to enhance charging time, on-track performance and more for electric supercars. The United Kingdom is preparing for a ban on non-hybrid diesel and petrol cars from 2030. The Memorandum of Understanding between the two companies is to pave the path for the manufacturing of electric vehicles.
Aston Martin is learned to be launching an all-electric supercar by 2025 and the battery maker Britishvolt will play an important role in the development of bespoke high-performance technology.
Britishvolt is a prominent investor in the segment of lithium-ion battery technology and has set up a new Gigaplant in Cambois, Northumberland for the production of batteries. The plant will be functional from 2024. Until then, the two giants may explore the options available for battery technology.
Aston Martin is learned to be launching a Valhalla plug-in hybrid supercar by 2024 and later come up with an electric version of the same. It will have a portfolio of electric cars by 2030 when a new law will be imposed in the country related to the ban on the sale of diesel and petrol cars.
Tobias Moers, chief executive officer at Aston Martin, said the MoU combines 109 years of their engineering with a fast-growing tech business house in the country. Working together is believed to be developing new technologies that will be a benchmark in the electric car segment.
He added further that they can come up with ultra-luxury and high-performance cars equipped with the highest sustainability standards.
Aston Martin Lagonda was founded in January 1913 by Robert Bamford and Lionel Martin. It is a public limited company and listed on the London Stock Exchange. It is a constituent in the FTSE 250 Index and is headquartered in Gaydon, Warwickshire, UK.
The luxury sports car maker has a presence in more than fifty countries across the world equipped with about 160 dealerships. The current key people in the company include executive chairman Lawrence Stroll and CEO Tobias Moers.
Britishvolt has built a Gigaplant site in Cambois and is considered one of the best sites in the country. It is near Blyth and strategically located next to renewable energy abundance. It is working on the creation and development of technologies thatÂ required better performance of batteries. It has the quest for a low-carbon future.
The research and development of the company are said to be a blessing to the future of humankind.