Aston Martin electrification program awarded £9m in funding from APC
- 24th October 2023
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- Posted by Ruth Vant
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Government funding of £9m (US$11.1m) will support Aston Martin’s R&D for its modular battery electric vehicle platform. Awarded through the Advanced Propulsion Centre UK (APC), this cash injection is an important milestone on Aston Martin’s electrification journey. The process was said to have been competitive.
Image: Automotive testing technology international
It forms part of the automotive manufacturer’s wider sustainability strategy badged ‘Racing. Green’. Aston Martin has pledged to spend £2bn (US$2.4bn) on electrification technologies over the next five years, which will see it phase out the ICE.
Project Elevation, an R&D 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 initiative will address the technical challenges of developing a lightweight, 800V traction battery pack and twin front electric drive unit into a modular BEV platform with a bandwidth from supercar to SUV.